Associate Director of Marketing and Communications
Mission Economic Development Agency (MEDA)
(415) 282-3334 ext. 152
FOR IMMEDIATE RELEASE
MEDA Announces Release of its 2021 Impact Report
Showcases successful work meeting the Latino and immigrant community’s short-term and long-term needs
SAN FRANCISCO, June 15, 2022 — The Mission Economic Development Agency (MEDA) has announced the release of its 2021 Impact Report. This 24-page report tells of the organization’s return to its foundational work of generational asset building, while also detailing the pandemic relief that provided succor for the San Francisco community hardest hit by the virus. The data-driven narrative weaves in client stories to bring the nonprofit’s work to life.
The 2021 Impact Report spotlights three lines of work: new work around health equity, including a culturally relevant campaign to combat vaccine hesitancy among San Francisco Latinos; a decade of success for the Mission Promise Neighborhood community anti-poverty education initiative, for which MEDA serves as backbone agency; and sharing the model with other organizations across the nation.
MEDA’s annual theme of “Misión Unida” (“United Mission”) is showcased throughout the report. This theme relates to the place-based strategies MEDA uses to spur community ownership and civic power of low-income residents of San Francisco’s Mission neighborhood, while also speaking to the bigger picture of collectively building Latino prosperity nationwide with other community-based organizations with aligned missions.
“I am so proud of my staff, our partners and the community for the unprecedented support provided during the pandemic,” said MEDA Chief Executive Officer Luis Granados. “We are working toward equitable recovery and focusing on our long-term asset-building strategies so that the Latino and immigrant community not just survives, but thrives.”
The 2021 Impact Report is punctuated by data that showcases MEDA’s impact last year. Some highlights include:
- Approximately 12,000 community members have been engaged by our services, community outreach, tenancy and diverse programs;
- $5.1M in tax refunds to the low-income community;
- 600 positive financial outcomes;
- $6.4M disbursed, via MEDA’s Fondo Adelante CDFI, as 0%-interest emergency small business loans; and
- $2.5M in Right to Recover funds, partnering with the San Francisco Department of Public Health, for 1,950 community members to quarantine if falling ill to COVID-19.
At the end of 2021, MEDA had an annual budget that had grown exponentially, to $23.5M. The organization had a staff of approximately 90.
You can read MEDA’s 2021 Impact Report online.
About Mission Economic Development Agency (MEDA)
Rooted in San Francisco’s Mission District, MEDA is advancing a national equity movement by building Latino prosperity, community ownership and civic power. We envision generations of Latino families choosing where to call home, thriving economically, succeeding in learning opportunities, and leading policy and social change toward a more equitable society.