Communities across #LosAngeles need access to capital to run their businesses, deserve to own and steward land in their neighborhoods, and should be able to exercise power in the political systems that shape their lives. As we enter our 15th year, we’re sharing our three-year strategic plan to invite you into where we are headed and to join us in the journey! We’re focused on three problems affecting underinvested communities, and three interventions we will make to address them: Problem 1: Entrepreneurs and their families are still struggling to access capital and income inequality is increasing. Intervention 1: Expand our small business lending, stabilize it with supportive infrastructure, and optimize our technical assistance. Problem 2: Capital assets, including land and real estate, are being concentrated in fewer and fewer hands. Intervention 2: Prototype integrated capital approaches - financial, physical, social - that grow wealth and build power for low-income communities. Problem 3: Community members feel powerless in the political systems that shape their lives Intervention 3: Deepen our commitment to policy advocacy to remove red tape, make budgets equitable, and create justice-centered investments.” Will you join us?
Vice President at WELLS FARGO FOUNDATION
1yFantastic video! Nicely done!