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WELCOME
TO MSM ECONOMIC DEVELOPMENT
Mission
Statement
In 2001, MSM Economic Development was founded on the basis of self-sufficiency.
We are a California-based 501(C) 3 non-profit corporation. We wanted
to develop a non-profit organization that could make an immediate
impact on people’s lives, without the bureaucratic delays
so many government agencies and departments experience. By joint
venturing with other non-profits, we have been successful placing
homeless families, training and educating, providing teenage pregnancy
counseling, and assisting senior citizens.
Our
goal is to help a community that is in so much despair. The potential
of the low-income residents in underserved Los Angeles communities
is vibrant and healthy. MSM is committed to providing support, through
our programs and partnerships, thereby helping to stabilize and
rebuild the economic base of a community that has been down for
so long.
Our
mission statement is “empowering one’s self
through education, ownership, and self awareness.”
PROGRAMS
MSM has fostered relationships with the City of Los Angeles Housing
Authority. We are one of only 56 organizations certified by the
L.A. Housing Department Community Housing Development Organization
(CHDO) to bid on city development projects and funding. We are also
proud of our most recent partnership with Magic Johnson Foundation,
a major sponsor of our “Hearts Giving Back” program.
MSM
has four programs that are currently the cornerstone of our organization,
with more on the drawing boards. The programs were formed to have
a significant, positive impact on low-income families in our target
community.
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Our high school scholarship program
is an excellent program with many incentives for students to continue
their education. MSM awarded its first scholarships in July 2003.
See coverage.
-
Our multi-housing program is a far-reaching
program with clear vision and passion for the future of affordable
housing in our community.
- Hope’s
Place, our emancipated foster youth group home, is a start-up
operation in progress.
- Hearts
Giving Back is a distribution program where MSM provides free
clothing, furniture, and small appliances to needy families. With
the assistance of Magic Johnson Foundation MSM plans the first
major distribution in November 2003.
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