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…
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…
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…
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…
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…
Maria Lopez was pushing a stroller in front of MEDA’s Plaza Adelante, located at 19th Street’s connection to the Mission Street corridor, the main commercial strip of the Mission. When asked if she ever heads one block over to Valencia, the young mother of two laughed nervously and stated, “That street’s not for us.” When…
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