Adrian Veliz

Vermont Slauson Economic Development Corporation (VSEDC)

The Vermont Slauson Economic Development Corporation (VSEDC) is a community-based non-profit organization that enhances resources and opportunities for South Los Angeles residents. Established in 1979 as a citizen advisory committee by Mayor Tom Bradley, VSEDC resulted from the community's concern after the closing of Sear's department store, which served as an economic cornerstone. Since its inception, VSEDC has brought economic resources to the community including access to capital, business planning, training, development, and more. It proudly stands as a symbol of financial advocacy for marginalized communities. Simply put, South Los Angeles matters. And VSEDC leads the way in bridging the resource gap. Mobilizing dollars from the private sector and government to lead the revitalization of the Vermont community VSEDC collaborates with Regional Government Municipalities. Governed by an active Board of Directors comprised of area residents, community leaders, local merchants and real estate development professionals, VSEDC responds quickly to socioeconomic changes to address the needs of residents.