Genesis LA (GLA)

Our Strategy

At Genesis LA, we believe that community development finance requires close collaboration between lenders and the organizations working on the ground in underserved communities. Therefore, we work hands-on with nonprofits, small businesses, and women and minority-owned enterprises, by blending our financial products with capacity building efforts so that we can more effectively transform underserved communities. This strategic approach is designed to grow and strengthen organizations that serve our Los Angeles market, yet struggle to access the capital they need to expand their delivery of goods and services. Our business model focuses on providing innovative financial solutions for these types of borrowers and their projects, with the goal of growing the next generation of community development infrastructure within Los Angeles County and providing opportunity for new community development models to be tested and hopefully expanded.

Capital

We offer flexible financing designed to move high-impact community and economic development projects forward. We provide this financing through direct loans and investments from our internally managed Genesis Community Investment Fund (GCIF) and through New Markets Tax Credits (NMTC).

Capacity

Our lending and investing efforts are highly collaborative. Our borrowers are partners in our efforts to improve the lives of low-income individuals and we work hand-in-hand to prepare them to be borrowers of our capital; to strengthen the financial viability of their projects; and to advance new approaches to community development. We provide development services that include financial structuring, capital raising, and acquisition/construction assistance.

Community

By delivering capital and building capacity, we support organizations, stakeholders, and projects that are committed to bringing about positive community change, including jobs, affordable housing, goods, services, and economic growth that directly improve the lives of low-income people.

Where We Invest

Economic
Development

Genesis LA finances small businesses, nonprofits, and large economic development projects that create quality jobs, provide commercial goods and services, build wealth for low-income populations, and revitalize communities.

Community
Services

Genesis LA finances projects that provide direct services to at-risk and underserved populations, including charter schools, after school programs, social services, and health centers.

Housing

Genesis LA finances small and large scale housing where there is a lack of other affordable financing options, including developer loans for single-family, multi-family, and supportive housing.

Working Capital &
Bridge Financing

Genesis LA provides working capital and bridge financing to help nonprofits and small businesses meet their cash flow needs and achieve community impact.