CPLC and Friedman Recycling - Chicanos Por La Causa, Inc. (CPLC) will use $800,000 in CED funds to expand operations at Friedman Recycling Company (FRC), a local waste management and recycling business in Phoenix, Arizona. With CED funds, CPLC will make a loan to FRC for operational capital to expand operations to meet the demand for services. The expansion of FRC will result in 30 new job positions for residents with low income, especially those who lack a college degree and face barriers to employment. CPLC and its partners will provide employees with wraparound services to overcome these barriers, including financial literacy training and support for job retention and career advancement. The project area has a significantly lower median household income, higher rates of poverty, lower employment rates, and lower levels of educational attainment compared to the state of Arizona as a whole. This job will create job opportunities to help lower poverty and unemployment rates, build a reliable local workforce, and help strengthen a small local business. The project will create 30 new jobs, 23 of which will be filled by individuals with low income.
