Assemblymember Kevin McCarty and Senator Richard Pan Present $450K Check to Alchemist Community Corporation Development

For immediate release:

SACRAMENTO – Today, Assemblymember Kevin McCarty (D-Sacramento) and Senator Richard Pan (D-Sacramento) presented a $450K check to Alchemist Community Development Corporation (CDC).

Alchemist CDC is best known for their work enhancing the quality of life in under-resourced communities by improving access to nutritious foods, implementing community-supported green spaces, and fostering economic self-sufficiency through business entrepreneurship.   

The funds will be used to secure the property for the future home of Alchemist Public Market - a single site combining a food business incubator kitchen, workforce development program, community hub, and farmers’ market.

“The Alchemist Public Market project will be a great hub for entrepreneurs to gain the support needed to cultivate a successful business, said Assemblymember Kevin McCarty. “I’m glad Dr. Pan and I were able to secure funding for this important project and can’t wait to see the market in action once the building is complete.

“I’m thrilled to see this critical project moving forward,” said Councilmember Katie Valenzuela. “This investment from the state of California will create an institution in the River District that will serve budding entrepreneurs for years to come. Alchemist CDC has a fantastic program serving underserved communities that often lack access to the opportunity to start their own business, I’m so thrilled that their amazing work has won the recognition and support of our state leaders.”

"These funds from the State of the California are absolutely crucial for the development of Alchemist Public Market in Sacramento's River District,” said Executive Director of Alchemist CDC Sam Greenlee. “This public investment will be a catalyst to create hundreds of new small businesses and to train thousands of workers in the coming years. For under-resourced entrepreneurs and residents with barriers to employment, this will mean a real opportunity for financial security."

“The Alchemist Public Market project is something I have believed in since its inception,” said Councilmember Jeff Harris. “It will serve a great need in the River District by creating a micro-enterprise incubator to help people find a vocation that will uplift their lives and bring the community together.”

 

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Kevin McCarty represents California’s 7th Assembly District, which include the cities of Sacramento, West Sacramento and unincorporated Sacramento County. McCarty serves as Chair of the Assembly Budget Subcommittee on Education Finance. Website of Assemblymember Kevin McCarty: https://a07.asmdc.org/