Economic Development
Our economic development initiatives aim to create equitable opportunities for individuals to participate in and benefit from the economic growth of their neighborhoods and the wider region. We do this through an integrated strategy focused on three categories:
We create opportunities for people to secure jobs that increase their income and assets, and build financial literacy to ensure that participants maintain their economic security.
We enhance the vibrancy and sustainability of commercial corridors in underserved communities by investing in projects that promote greater safety and walkability, celebrate and strengthen cultural identity, and encourage locals and visitors to support the local economy.
We help to launch and sustain small BIPOC-owned businesses that provide essential goods and services to residents, create jobs, foster a sense of community, and nurture economic opportunity and innovation.
The Diamond District Inclusive Economic Resiliency Agenda is a three-year roadmap that supports an integrated, place-based approach to advancing economic mobility and resilience for communities in the Diamond District.
The City Heights Inclusive Economic Recovery and Resilience Agenda is a strategic three-year action plan that will serve as a blueprint for equitable economic recovery and development in City Heights.
The Social Entrepreneurs for Economic Development (SEED) Program is a new initiative of the State of CA. LISC SD is partnering with the SD Refugee Communities Coalition to provide entrepreneurship training, technical assistance, and micro-grants for refugee and immigrant entrepreneurs.
LISC's network of Financial Opportunity Centers help residents achieve stability and build wealth by providing integrated coaching services focused on financial management, employment, and access to income supports.
Bridges to Career Opportunities programs are integrated within Financial Opportunities Centers. Our partners, IRC and SD Housing Commission, prepare residents for careers in healthcare and manufacturing by providing education, industry-specific career training and certification, and job placement opportunities.
Business Development Organizations (BDOs) are groups that serve businesses owned by BIPOC, women and other entrepreneurs in disinvested communities. BDOs strengthen small business ecosystems. They have deep local roots and the trust of their communities, and they understand the conditions on the ground and the needs of local small business owners.