In 2017, Civic Community Partners made a $450,000 investment with Accessity (previously Accion San Diego), structured as a $400,000 non-interest bearing five-year note, $40,000 for loan loss reserve, and $10,000 for operating support. This investment bolstered Accessity’s capacity to provide funding to small businesses located in San Diego zip codes with median household incomes of $60,000 or below, such as Barrio Logan, City Heights, and San Ysidro, where access to capital is often the biggest barrier for entrepreneurs getting a business off the ground.
Project Highlights
Category:
Project Type:
Total Allocation:
Project Costs:
Jobs Created/Retained:
- Commercial/Retail
- Small Business
- $450,000
- $800,000
- 110

