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Economic Development proposes SAIL initiative, storefront security funding and grocery supports in 2026 budget
Summary
The Office of Economic Development proposed a $4 million SAIL (Stabilize‑Activate‑Invest‑Locally) initiative for Little Saigon and Lake City, expanded storefront security grants and a new grocery‑store support fund in its 2026 budget briefing to the Select Budget Committee.
The Office of Economic Development (OED) briefed the Select Budget Committee on a 2026 proposal that would add targeted investments for neighborhood stabilization, proactive storefront security, grocery‑store support and sector‑focused work on artificial intelligence and clean energy.
Director Martin McIntyre told councilmembers the SAIL initiative — for “Stabilize, Activate, Invest Locally” — starts from the premise that neighborhoods must be stabilized before activation and longer‑term private investment will follow. “First, we must stabilize an area before we can activate it,” McIntyre said. The department proposed $4,000,000 for SAIL, to be used initially in Little Saigon and then expanded to other neighborhoods, with Lake City identified as an early second…
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