North Hollywood Welcomes New Economic Development Zone

One of the most significant features of Councilmember Krekorian’s Comprehensive Jobs Plan for Los Angeles was the creation of the Jobs and Economic Development Incentive (JEDI) zone program.  JEDI zones now give the City a menu of resources that can be used for targeted economic revitalization in underserved areas.

Last year, the Lankershim corridor in North Hollywood, once the commercial heart of the Valley, was designated as one of the first two JEDI Zones in the city.   Businesses in this corridor, between Burbank Blvd. and Oxnard Street, will be eligible for (among other things) funding assistance for facade improvements, upgrades to business technology and City permit costs.

For more information visit the JEDI Zones page at the EWDD website.

Rathbun’s Department Store in the 1940s, when Lankershim Blvd. was the commercial heart of the Valley.