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The San Fernando Valley Financial Development Corporation (SFV-FDC) is a
tax-exempt non-profit 501(c)(3) corporation formed by the Valley
Economic Development Center (VEDC), an organization with more than 33
years experience in creating jobs for low income individuals through
assistance to small businesses. The SFV-FDC primarily serves as
the regional vehicle for loan guarantees to commercial banks through the
State of California's Small Business Loan Guarantee Program, currently
operating out of the State's Business, Transportation and Housing
Agency.
The SFV-FDC, which became fully operational in 2001, is a community
development financial institution. Its goal is to provide an
effective vehicle for community development, as well as business and job
growth in the Northeast San Fernando Valley. It does that through
a variety of business loan programs, microenterprise, entrepreneur and
small business counseling, as well as financial literacy workshops and
employment training to local residents.
Our Board
Members |