Community Development Archives

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MEDA Signs On to Letter to Congress: Ensure Underserved Small Businesses and Nonprofits Benefit from the CARES Act

Christopher Gil Associate Director of Marketing and Communications Mission Economic Development Agency (MEDA) (415) 282-3334 ext. 152 cgil@medasf.org FOR IMMEDIATE RELEASE April 7, 2020 Community Development, Civil Rights and Small-Business Organizations Call on Congress to Ensure Underserved Small Businesses and Nonprofits Benefit from the CARES Act A set aside deployed through CDFIs is the only…

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Juntos Somos Más: Collectively Building Equity Through Latino Wealth, Place and Power

by Chief Strategy Officer Lucy Arellano Latino immigrant communities across the country — from rural to urban and everything in between — are vibrant treasure chests of strength, compassion, hard work and innovation; however, a long-standing opportunity and wealth gap remains for our community, hindering equitable access for us to fully thrive in the U.S….

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Wealth, Place and Power: How MEDA’s Promise Neighborhood Fought the Housing Crisis, Moved Families Out of Poverty and Built Community Power so All Mission Kids Could Succeed

Co-authored by: by Director, Mission Promise Neighborhood Richard Raya CEO Luis Granados (NOTE: Read eight-page report on which this blog is based here.) Asset building is in MEDA’s organizational DNA — and we’re proud that it’s part of our origin story, which began 46 years ago. But our future is in collective impact with partners….

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Strengthening Latino and Immigrant Small Businesses in San Francisco’s Mission District

by Director of Asset Building Programs Lucy Arellano (Follow Lucy on LinkedIn) About 4.4 million businesses in the United States annually contribute more than $700 billion to the economy. Latino-owned businesses, that is. This according to the U.S. Hispanic Chamber of Commerce. There is no denying the burgeoning economic power of the Latino community across…

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Collectively Turning the Tide of Displacement in San Francisco’s Mission District

The scale and speed of displacement often combine to become what seems to be an unstoppable wave, with an inevitable outcome. When you mix six-figure earners with an affinity for a neighborhood that was long the welcoming hub for Latino newcomers, the latter hardly stand a chance. That was the case in San Francisco’s Mission…

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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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