Community Development Archives -

Keeping the Mission District’s Neighborhood Economy in the Face of Displacement

Gentrification and displacement are generally associated with the residents who are compelled to leave a neighborhood. Such is the case of the Mission District of San Francisco, which for decades has been a hub for Latino as an initial place to lay down roots in the United States; however, the Mission is also a place…

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Now is the Time for Financial Institutions to Innovate in Communities of Color

Co-authored by: Karoleen Feng, Director of Community Real Estate Luis Granados, Executive Director Jillian Spindle, Chief Operating Officer National politics inevitably generate public discourse; unfortunately, these conversations have now become increasingly divisive based on political affiliation, race and income level. The dialog has become so polarized that it is now deemed mainstream to opine on…

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SBA Awards $150,000 PRIME Grant to MEDA, Goal to Help Mission Corridor Small Businesses Thrive

Christopher Gil Senior Content Marketing Manager Mission Economic Development Agency (415) 282-3334 ext. 152 cgil@medasf.org FOR IMMEDIATE RELEASE Sept. 8, 2017 SBA Awards $150,000 PRIME Grant to MEDA Funds finance training and technical assistance to emerging entrepreneurs San Francisco, Calif. — The Mission Economic Development Agency (MEDA) has been awarded a $150,000 Program for Investment in Micro-Entrepreneurs…

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Stabilizing Mission Families Against the Loss of Community-Serving Businesses

Now several years into San Francisco’s dire gentrification and displacement crisis, we remain united in our commitment to finding solutions to keep the Mission home to businesses that serve working-class families and play a crucial role in keeping the Mission a Latino cultural hub. It is imperative that we stem the loss of the Mission’s…

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City Celebrates 100 Apartments Protected Under San Francisco’s Small Sites Program

Press release from May Ed Lee’s Office, April 25, 2017. Mayor Lee Celebrates 100 Apartments Protected Under City’s Small Sites Program Recent purchase of properties adds to growing list of housing preserved in Richmond, Mission, North Beach, Bernal Heights/Outer Mission, Duboce Triangle and Noe Valley neighborhoods San Francisco, Calif.– Mayor Edwin M. Lee today announced…

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HUD Budget Cuts Would Accelerate Re-Segregation of High-Cost Cities, San Francisco at Top of List

The Trump Administration’s proposed Fiscal Year 2018 budget, announced Feb. 27, augments military spending by $54 billion — a 10 percent increase. The administration aims to offset that staggering cost by decimating non-defense cabinet departments’ budgets by the same 10 percent (Figure 1). These non-defense programs have for decades showcased positive impacts in communities of…

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MEDA’s Adelante Fund Becomes a Certified CDFI

Lend an ear to this exciting news: Adelante Fund, MEDA’s community loan arm, just became a certified Community Development Financial Institution (CDFI). With only about 1,000 CDFI’s across the land, and just 11 others based in San Francisco, this is especially big news. Additionally, MEDA is the only San Francisco CDFI focusing primarily on providing…

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Guest Blog/Philanthropy in the Age of Trump: Not Business as Usual

by Pam David, Executive Director, Walter & Elise Haas Fund Since the election, I’ve read a number of spot-on commentaries about what the Trump presidency means for philanthropy. A lot have focused on the need to rebuild civil society, noting the polarization of the U.S. populace along lines of race and class and geography. Others have…

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Adelante Fund Marks Milestone of $1 Million in Small-Business Loans

Christopher Gil Senior Content Marketing Manager Mission Economic Development Agency (415) 282-3334 ext. 152 cgil@medasf.org FOR IMMEDIATE RELEASE Feb. 27, 2017 Adelante Fund Marks Milestone of $1 Million in Small-Business Loans MEDA providing loans primarily to immigrants denied access to capital by traditional lenders San Francisco, Calif. — The Mission Economic Development Agency (MEDA) has reached a…

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Embedding Early Care and Education Facilities into Family Housing

by Director of Community Real Estate Karoleen Feng Contributed to by Senior Project Manager Elaine Yee, Mission Promise Neighborhood Program Manager Liz Cortez and Financial Capability Coach Teresa Garcia Most parents know that finding quality care and education for your child is not easy. For immigrant, working families in San Francisco’s Mission District, it’s even more challenging, as…

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