Stakeholder Expansion

One of the stakeholders in Leimert Park business development is citizen. It includes middle age people, African American, Youth people, homeless people, home owners and renters. In LPV, middle age people (aging 35-64) (45%) and African American (81%) are the vast majority. They are the main support in the community who form the cultural identity. In comparison, youth people (aging 18 and under) is the minority group, which takes only 22.6% of the total population. For the homeless people, although there is not a formal count, they are also the minority group, which is considered as the burden in business development. As for the homeowners and renter, because they are almost half and half, they are equally important in LPV.

In terms of potential controversies, each of these stakeholders has its desire. As the vast majority, African Americans want to create a stronger cultural identity in the community. But since there are still other races who want to have their culture presented, it might become a cultural friction.  For the middle-aged people, homeowners and renters, most of them want gentrification, which makes the community more beautiful. But since there won’t be enough funds in the city for the gentrification, it becomes a potential controversy in the short term. Homeless issue is a burden in business development in the community. As people are unable to afford to live in a house, they become homeless, which effects normal business, environmental beauty, and community safety. Brain drain is another potential controversy in the community that happens amongst youth. Because the community lacks enough attraction (beauty or economy) to the youth people, many of them choose to leave after they grow up or acquaint skills or degree.

To better help to soften these potential controversies two involvements are proposed and on stages: existing stakeholder meeting and outreach. Existing stakeholder meeting are regular meetings that are held in Community Build, discussing the development of the community. By attending it, stakeholders will know the first-hand news about what is going on in the community. Outreach is the visit and cooperation for homeless people, existing residents, and local youth workshop. The desires of these groups can be clearly and patiently heard during the outreach.

To help these citizens, several funds will be available: MBDA, LA Fund and Continuum of Care Program. MBDA is an agency that links minority-owned businesses with the capital, contracts, and markets they need to grow. (They) advocate and promote minority-owned business with elected officials, policy makers, and business leaders. They serve as subject matter experts and advocates for the minority business community. The Los Angeles Fund for Public Education partners with LA schools to invest in innovative, results-oriented programs designed to ensure every student has a chance to succeed. The CoC Program provides funding to states, localities, and nonprofit organizations to provide permanent housing, transitional housing, supportive services, HMIS, homelessness prevention.

Universal College of Beauty is the only educational stakeholder in LPV. It is providing professional training / technique to local people. Because it is a private education agency, the education scales are the main controversy. Factors like funding, location, and students are limiting its development. By attending LPV committee meeting and Shark Tank event, Universal College of Beauty can know which policy will be beneficial to enlarge its education scale and who are the potential businesses that they can provide assistance to. As for the available assistance, school improvement grants might be one of the available funds. It mainly provides funding to recruit, retain, and support effective educators. But since Universal College of Beauty is small private education agency, further check regarding its qualification is needed.

 

-Minority Business Development Agency

http://www.mbda.gov/

-LA Fund

https://www.lafund.org/

– HUD Exchange: Continuum of Care (CoC) Program

https://www.hudexchange.info/programs/coc/

– U.S. Department of Education: School Improvement Grant

http://www2.ed.gov/programs/sif/index.html

 

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Tax Assessment

One of the important tasks of our business development is to analyze and assess the property tax situation in Leimert Park Village (LPV). To begin the tax assessment, the first step is to look for the net taxable value of each property in LPV. Based on the data from Zimas, Los Angeles Assessor Map and LA Open Data Project, 40 properties are found and the map is shown as below

apn map

It is obvious that the LPV has more than 40 unique addresses. But because many of them are under a unique Assessor Identification Number (AIN), there are only 40 properties are being studied. For different types of property, the tax rates are different, which ranges from 0 (government owned) to 1% (general commercial property). Besides pay property tax, property owners in LPV also need to pay tax to water district, school district and community college district. The tax summary in LPV is calculated as below

 Total Property Tax $152,150.19
Average $3,803.75
Median $3,137.17
Max $12,807.62
City $3,100.50
Water District $277.66
School District $15,579.64
Community College District $1,573.39
Total Tax Due =$172,681.38

From the table above, we can see that LPV is paying total $172,681.38 to the community annually. Compared to a normal resident property ($4200 annual tax payment), $172,681.38 is about 40 times greater, which fulfills the 40 property parcel in LPV. But since this area is mainly of business, such annual tax payment indicates that the properties in this area need improvement and revitalization. By introducing more businesses into LPV, only the businesses demographic will become more variety, but property owner will have more income. It will be a win-win situation to both property owners and the community. When the community gets prosperous, the property owners have more income to invest into their property, which ultimately indicates higher tax payment into the community.

 

LPV Updates

Post by Maria B. Rodriguez

The LPV 20|20 Vision leaders hosted a meeting earlier this week at the Vision Theatre. The facilitators, Sherri Franklin, Johnnie Raines and Clint Rosemond discussed ongoing 20|20 plan initiatives and their progress thus far. Other active community stakeholders that participated in the discussion included Brian Bowens, Kenny Rogers (West Angeles CDC) and prominent anchor business owners’. On the agenda, the meeting consisted of updates on negotiations with B.K. (Botasch), three accelerators, homelessness, achieving more community input, and recent crime in the area.

 

There was a lot of emphases placed on LPV functioning as an economically thriving cultural node. The three accelerators describe the type of commercial business the Vision leaders aspire to obtain in LPV. They are as follows: 1. Production hub, 2. Cultural Retail Hub, and 3. Fast Fresh Hub. These concepts help the Business Development team when deciding what applicants from Shark Tank will fit best into these accelerator types. In addition, Brian Bowens spoke of ongoing negotiations with B.K. regarding the properties being sold. He also insisted that the community needs to provide more input and get involved with making changes in the community by outreaching and thinking “like a developer”. Another topic discussed was homelessness in the park and in the vicinity of the community. Sherri spoke of continuing the ‘Brother’s Keeper’ program and perhaps acquiring a space to open a drop-in center for the homeless. The last part of the meeting consisted of a police officer from the local department providing an update on recent crime activity in the area. Criminal activity, such as homicides and drive-by shootings were rather high on the days prior and after New Years.

2015 in review

Settling into 2016, the new year presents our group with opportunities of growth. As we embark on the second phase of our partnership with the LPV 20|20 Vision Initiative, we highlight efforts undertaken in 2015.

Our group was given the task of creating a business directory for Leimert Park Village.  Over 70 businesses are located in Leimert Park Village. In forming the directory, we compiled past information, and updated any inaccurate information, including changes in business type and ownership, filling in gaps in the process. After, we were able to categorize the businesses into nine types, including a section highlighting anchor/featured businesses. With this information, we created a mock template of what the directory and featured business could look like on the LPV 20|20 site.

Screen Shot 2016-01-11 at 12.15.41 AMmock template of the featured business page

Once completed, the directory will be placed on the LPV 20|20 Vision Initiative website. As we move into 2016, we hope to pick up where we left off, and see our template go live.

-Kevin