A New Chapter in Community-Driven Economic Growth
June marked a turning point: PCR hosted a groundbreaking for a new community business hub, designed to bring lending, advising, and small business training together under one roof. This is more than a construction milestone. It’s a signal of intent. PCR is investing in physical infrastructure to sustain long-term economic mobility in the communities it serves.
PCR’s model has always centered on local ownership and local hiring. That same approach is embedded in this project. The hub is designed to be built with and for the communities PCR serves. As a Community Development Financial Institution, PCR’s role is to expand access to funding and advisory services for entrepreneurs who are often denied elsewhere. The new hub is a physical extension of that role.
The new site is expected to support:
- Capital readiness workshops
- Procurement and certification coaching
- Strategy sessions for growth-stage businesses
- Connections to programs such as the Metro Business Interruption Fund, which supports “mom and pop” businesses impacted by major transit construction in Los Angeles
This groundbreaking is not just a ribbon-cutting moment. It’s an investment in future borrowers, future job creators, and future commercial corridors.
