BENEFITING: Thai Community Development Center
The Thai Town Marketplace, a public market located in Los Angeles’ Thai Town, is designed to provide small business entrepreneurs with opportunities, create permanent jobs, and help low-income individuals become economically self-sufficient. It aims to provide an ideal low-cost entry point for starting a business with entrepreneurial support by the Thai Community Development Center in the form of training, technical assistance, and access to shared office facilities. The public market will also improve access to affordable, nutritious, and culturally-appropriate foods (through EBT and WIC assistance programs). This over $2 million dollar project at the corner of Hollywood Boulevard and Western Avenue, which was conceived over a decade ago and broke ground in September of last year, is currently under construction.
Unfortunately, up to $2.09 million in funds for construction committed by the City of Los Angeles in September 2016 have not yet been released. While Thai CDC waits for the disbursal of the funds, 35% of the construction has already been completed and many of our construction workers have yet to be paid for labor that started in September! Time is running out on important project deadlines that are out of our control, from construction permits to the availability of the storefront’s lease. The Thai Town Marketplace is in danger of being killed forever.
We are humbly asking for your help and contributions in raising the $200,000 to pay our construction contractor and subcontractors and our landlord as we undergo the arduous process of waiting for $2.09 million in funds from the City of Los Angeles to get processed. Your contribution will guarantee the opening of a long-awaited crown-jewel attraction at the western edge of Thai Town; ensure the incubation of 18 small businesses every three years and 40 living-wage jobs; create the first “Health and Wealth Zone” that deliberately links health outcomes with economic outcomes by helping low-income residents start their first business; teach financial and health literacy; and make more accessible the social services provided by nearby organizations, such as the Family Source Center, to make Thai Town a “one-stop” destination for food, culture, and resources. We have traveled a long, 10-year path towards the realization of this important community project. Only with your help can we overcome this final obstacle and transform L.A.’s Thai Town.