FAME Renaissance is an economic development program within the FAME Assistance Corporation (FAC). FAC is a non-profit 501(c)(3) corporation affiliated with the 19,000 member First African Methodist Episcopal Church of Los Angeles (FAME).

FAC has been used as a funding vehicle that manages and supports the multiple programs of FAME Renaissance.

Prior to the Civil Unrest in 1992, economic development was practically non-existent in urban Los Angeles. Since 1992, FAME Renaissance has been a driving force in the economic development of South Central Los Angeles and the surrounding communities. For 20 years programs have been developed which exceeded goals for lending, enterprise development and job creation as part of a comprehensive plan to build South Central Los Angeles economically, socially, mentally & politically.