Genesis LA's asset
Genesis LA

@genesisla.org

Genesis LA’s mission is to deliver financial solutions that advance economic and social opportunities in underserved communities.

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About

Description

Genesis LA is a community-driven financial institution that has been serving the people of Los Angeles since 1998. Recognized and certified by the US Department of the Treasury as a Community Development Financial Institution (CDFI) and Community Development Entity (CDE), Genesis LA offers a range of financial products and programs to support community and economic projects in the city. Unlike traditional banking institutions, Genesis LA has the flexibility to fund projects that may not fit the typical mold.


This allows them to invest in innovative and creative endeavors that have the potential to make a significant impact on underserved communities. The team at Genesis LA works closely with partners to navigate through challenges and bureaucratic red tape, ensuring that ideas are transformed into viable and financeable community development projects. Some of the areas that Genesis LA focuses on include affordable housing, economic development, community facilities, and working capital.


By leveraging their GCIF and CDE capabilities, they have successfully financed projects such as the Willowbrook Affordable Housing, BLVD MRKT food hall, and Terasaki Budokan recreation center. Genesis LA is dedicated to maximizing the impact of every dollar invested, and their goal is to fulfill the needs of the communities they serve. They are committed to creating financial solutions that empower and uplift the people of Los Angeles

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Company Type

Nonprofit

Company Size

2-10

Year Founded

1998

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