In response to the devastating effects that COVID-19 is having on the local economy, the County of Los Angeles and the City of Los Angeles, in partnership with institutional and corporate philanthropy, have come together to create the LA Regional COVID-19 Recovery Fund.
The regional fund will offer loan and grant resources to micro-entrepreneurs, small businesses, and non-profits.
Relief For The Most Vulnerable in our Economy
While there are a variety of Federal programs designed to address the crisis, they have critical limitations that still leave many Angelenos in need. Financial, technical, and cultural barriers have kept many of our neighborhood partners from accessing federal programs like the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL). The LA Regional COVID-19 Recovery fund seeks to address these issues by providing additional support to underserved communities throughout the county.
**In order to ensure support for micro-entrepreneurs, small businesses, and non-profits across LA county, the LA regional COVID-19 recovery Fund currently has 3 program components**