Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 801 S Grand Ave #850, Los Angeles, CA 90017, USA
- Website
- genesisla.org
- Founded
- 1998
- Employees
- 1-10
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Financials
- Diversified Financial Services
- Financial Services
- SIC code
- 61 Nondepository Institutions
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
Genesis La Economic Growth Corporation is a non-profit, tax-exempt organization registered in SAM.gov since 2009, located in Los Angeles, California. As a certified Community Development Financial Institution (CDFI), the organization focuses on delivering financial solutions, lending, investments, and technical assistance to support economic and community development, particularly in underserved and disadvantaged communities. The organization specializes in expanding access to capital, financial services, affordable housing development, and supporting businesses and jobs in low-income and minority communities across the United States.
Through multiple federal grant awards from the Department of the Treasury's Community Development Financial Institutions Fund, Genesis La Economic Growth Corporation has received approximately $20 million in project grants across various programs, including the CDFI Program, Equitable Recovery Program, Capital Magnet Fund, and Rapid Response Program. These grants have enabled the organization to provide financial assistance, lending, and investment activities targeting low- and moderate-income communities, with a specific focus on pandemic economic recovery, affordable housing preservation, and support for Native communities. The organization's grant-funded work includes creating loan loss reserves, providing development services, attracting private investment in affordable housing, supporting small businesses, and building organizational capacity for other emerging CDFIs. Key objectives of their grant-funded work include increasing access to capital for underserved borrowers, developing and preserving affordable housing, fostering job growth, and assisting communities disproportionately impacted by economic challenges such as the COVID-19 pandemic.
Quick answers
Is Genesis La Economic Growth Corporation registered in SAM.gov?
Yes. Genesis La Economic Growth Corporation's SAM.gov registration is active through June 15, 2027.
What is Genesis La Economic Growth Corporation's CAGE code?
Genesis La Economic Growth Corporation's CAGE code is 5NVU0, and its Unique Entity ID (UEI) is GNJDRN6CR215.
What is Genesis La Economic Growth Corporation's most recent federal award?
Genesis La Economic Growth Corporation's most recent federal grant award is To promote economic revitalization and community development through investment in and financial assistance to… (241FA064749G), from Community Development Financial Institutions Fund, on September 26, 2024.
On GovTribe
See Genesis La Economic Growth Corporation's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors