On Oct 17, 2001, the Los Angeles Community College District Board of Trustees established a Community Economic Development Program to maximize local economic benefits generated by the LACCD Bond Program.
This was subsequently reaffirmed on June 25, 2003 and Jan 15, 2014. To further its commitment, on Jan 15, 2014, the Board also modified Board Rule 7103.17 Opportunities for Local, Small and Emerging Businesses* to increase the goal to thirty percent (30%) participation by Local, Small, Emerging and Disabled Veteran (LSEDV) businesses in facilities contracts.
The CED Program includes four key elements:
- Community Business Enterprise Program geared to encourage the use of local, small, emerging and disabled-veteran owned businesses (LSEDV) neighboring the colleges;
- Local Hire Program geared to involve local residents living in the areas neighboring the colleges in trade and non-trade opportunities;
- Special Opportunities Program geared to involve the socio-economically disadvantaged and others in training and job opportunities;
- College Internship Program geared to involving District students at each college.