Los Angeles LDC, Inc.

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AADAP is a nonprofit 501[c] [3] corporation established in 1972 after an epidemic of Asian youths overdosing on drugs shook the Asian community in Los Angeles. During the last 35 years, the organization has grown with the changing needs of its community by broadening its scope of services from drug abuse prevention/treatments to include HIV/AIDS outreach, drug court assistance and parenting services.

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	Mission Statement To provide needed debt or investment capital to develop and grow new, emerging or long-standing small and medium sized businesses throughout our targeted markets. Loans and investments funded by the LDC shall be used to encourage additional private investment and stimulate job creation and/or retention in the greater Los Angeles region.		Banner Joins Mayor’s Technical Advisory Committee for New Orleans New Orleans Mayor, C. Ray Nagin, along with Executive Director of the Office of Recovery Management, Dr. Edward Blakely, will convene a group of nationally recognized experts to advise ORM staff and other stakeholders. $10 Million 504 ACE Loan Fund Unveiled For Small Business & Non Profits The LDC succeeded in its efforts to give more loans to businesses and organizations in economically distressed areas by creating its 504 Accelerated Capital Express (ACE) Loan Fund.