Connections Newsletter

The Southeast Los Angeles Bankers Tour and Roundtable

This fall, Shelter Partnership partnered with The Federal Reserve Bank of San Francisco to coordinate an event exclusively for Los Angeles Area bankers. Our role as experts, influencers, and convener on homelessness in LA uniquely allowed us to educate local financial institutions on the current state of homelessness in LA and connect them to innovative solutions. The event was set against a backdrop of transformation taking place in Los Angeles, spurred by redevelopment projects such as the revitalization of the Los Angeles River and the pressure it is adding to housing affordability and homelessness.

Participants convened at Shelter Partnership’s S. Mark Taper Foundation Shelter Resource Bank where they toured the project. After a welcome by General Manager of Los Angeles Economic Workforce Development Department Jan Perry, we visited The Salvation Army, Bell Shelter where Director Steve Lytle led us through their shelter facilities. GrowGood LA then showed the bankers their project at Bell Shelter. In addition to providing food to the Shelter’s kitchen and green space for residents to gather and socialize, GrowGood farm provides ongoing and frequent learning opportunities for Shelter clients about the principles of organic gardening.

The next stop was the Guy Galbadon Apartments for seniors. Milo Pienemann of New Directions and Isela Gracian of East Lost Angeles Community Corporation led us through the permanent supportive affordable housing for veterans.

The group then reconvened at the S. Mark Taper Foundation Shelter Resource Bank to participate in roundtables focused on Rapid Rehousing and Family Homelessness, Permanent Supportive Housing, Veteran Homelessness, and the LA River Revitalization’s affects on surrounding communities. Participants shared what their organizations have done to address homelessness as well as discussed possible solutions. Discussion also centered on what type of information, resources, and expertise is needed for financial institutions to invest in solutions to homelessness.

The event was a success with 20 bankers in attendance representing 12 banks. Shelter Partnership continues to partner with influential institutions to connect funders and supporters to experts in the field enabling real change to occur. Shelter Partnership is proud to create these opportunities for engagement to help solve homelessness in Los Angeles.

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