Eleven Los Angeles neighborhoods--including three in the Valley--should begin reaping the benefits of the Targeted Neighborhoods Initiative by the beginning of next year, city officials said Monday.
Created by Mayor Richard Riordan and approved by the City Council in March, the $33-million program will use federal funds to help community organizations make a variety of improvements in their areas. Each of the 11 neighborhoods will receive $1 million a year for three years to jump-start revitalization efforts.
Valley neighborhoods in the program are Canoga Park, North Hollywood and a stretch of Van Nuys Boulevard in Pacoima.
A prioritized list of activities to be funded through the Targeted Neighborhoods Initiative will be released within two weeks, said Parker Anderson, general manager of the Community Development Department.
Anderson told the Community and Economic Development Committee on Monday that the initiative is on schedule and that specific programs will be financed by the beginning of the year.