A statement from the CEO of the Vermont Slauson Economic Development Corporation regarding the racist comments Nury Martinez made last year while he was president of the Los Angeles City Council


Joseph T. Rouzanpresident and CEO of the South LA organization steps in.

LOS ANGELES, October 12, 2022 /PRNewswire/ — President and CEO of Vermont Slauson Economic Development Corporation, Joseph T. Rouzan, IIIintervenes regarding the reporting of the leaked audio recording of At Nury Martinez comments during a meeting in 2021 with Gil Cedillo, Kevin de Leon and Ron Hererra.

The Vermont Slauson Economic Development Center has served small businesses and entrepreneurs in South Los Angeles for forty years. (PRNewsfoto/Vermont Slauson Economic Development Corporation)

“It’s especially discouraging for someone who runs a black and Latino staff organization and serves a black and Latino business community,” Rouzan says. “My team works effectively, largely with an understanding of cultural identities, but never losing sight of respect. As black communities continue to erode, especially in Los Angeles, we must continue to work with our Latino brothers and sisters, never losing sight of the wealth disparities and imbalances among black people! The Vermont Slauson Economic Development Corporation administers two LA City contracts for small business development. You can’t be a town leader while having contempt for another group.”

Vermont Slauson Economic Development Corporation (VSEDC) is a South Los Angeles Non-profit and community development community financial institution (CDFI) recognized for its decades of technical and business assistance to small businesses, start-ups and entrepreneurs in South Los Angeles. The services provided by VSEDC serve to stimulate community self-sufficiency, facilitate business growth, access affordable housing, goods and services, and create jobs. VSEDC’s free one-on-one business coaching and year-round business webinars, affordable small business loans from our CDFI Revolving Loan Fund, and our dual technology centers – AT&T Connected Learning Center and South LA Best Buy Teen Tech Center – contribute to the development and progress of South LA. To learn more about the VSEDC, visit vsedc.org, Facebook, Instagram and LinkedIn.



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SOURCE Vermont Slauson Economic Development Corporation


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