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City economic development officials hail JEDI zone microloan as Cafe Bodega reopens on Pacific Avenue
Summary
City economic development officials on Nov. 7 spotlighted a newly designated JEDI zone on Pacific Avenue and said the city’s recently launched microloan program helped Cafe Bodega complete construction and buy coffee equipment.
Councilmember Tim McCosker and staff from the Economic & Workforce Development Department described a newly designated Jobs and Economic Development Initiative (JEDI) zone on Pacific Avenue during a CityBeat segment tied to the Nov. 7 Council program.
EWDD staff said a neighborhood qualifies as a JEDI zone if it falls in an underserved or low- to moderate-income area, or is within a previously designated redevelopment area; once designated, a corridor becomes eligible for a suite of city…
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