Dreams for Change
We are proud to share that Dreams for Change is the latest recipient of a loan from the nonprofit loan pool of the San Diego COVID-19 Small Business & Nonprofit Loan Program. Dreams for Change serves the needs of families and individuals experiencing homelessness and other low-income individuals.
The organization delivers social assistance and wraparound services modeled around three pathways to stability: Support to remove barriers, employment, and income stabilization. Efforts include the Safe Parking Program for those who sleep in their cars, Dreams’ Cuisine social enterprise workforce training program, free tax preparation, and financial education. Due to COVID-19, Dreams for Change has seen a delay in contract reimbursement, a decrease in funding for their services, and a significant loss of fee-for-service revenues. Capital will be used as cash flow to cover operational costs to maintain services and start new programs in response to COVID-19, such as food distribution and growing their social enterprise to provide more workforce opportunities.