Valley Economic Development Center (VEDC): Helping Local Businesses During the Aliso Canyon Gas Leak
Posted by Councilmember Englander on January 22, 2016 at 11:22 AM
The Aliso Canyon Gas Leak is now past its 90th day. Although the Gas Company has promised a resolution to this crisis by next month, it may be too late for businesses that rely on the more than 10,000 residents that have been relocated. Local businesses like the Starter Set Preschool and Child Development Center are the businesses that have suffered the most during this crisis.
For nearly 20 years, Barbara and Doug Packard have been in the business of caring for families and providing a nurturing learning environment for children. They are so committed to this community that they have pledged to keep their doors open during this gas leak for as long as children continue to come learn.
It is my pledge to help local businesses keep their doors open for our residents who have chosen not to move and hopefully, to keep their doors open long after the leak is fixed.
The VEDC is offering micro-loans to businesses affected by the gas leak ranging from $1,000 to $50,000 and small business loans up to $250,000 at market interest rate. Additionally, they have pledged to defer payments until the gas leak is resolved.
For more information call the VEDC at 818-907-9977 or visit www.vedc.org.
Click here to read the LA Times story on Starter Set Preschool.
-Mitchell Englander, Councilmember Twelfth District
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