New Community Development Corporation Allocates $250,000 to Pandemic Response
The newly formed Long Beach Center for Economic Inclusion is allocating $250,000 to programs focused on food security, digital inclusion, small business support and housing security.
With the help of new funds provided by a number of contributors, including Bridge Development Partners, Wells Fargo and the office of Councilman Rex Richardson, the center announced it will launch its In This Together campaign, to “expand opportunities in neighborhoods where the racial income gap and economic barriers are evident.”
After announcing its board of directors in March, this will be the first act of business for the new community development corporation, which received initial funding from the city of Long Beach and the Wells Fargo Foundation in September. While primarily designed to drive forward economic inclusion, the organization announced it would shift its efforts toward emergency response during the pandemic.
//lbbusinessjournal.com
