RWJF reposted this
Latino communities are a major pillar of the U.S. economy, but they don’t receive the financial support they need from the traditional finance sector. To equip communities with more financial resources, public and private investors can step in and fill in the gaps. The National Association for Latino Community Asset Builders (NALCAB) is an RWJF borrower that helps its member organizations make more loans to Latino business owners, housing developers, and more to meet the needs of residents. It’s been wonderful to work with them and witness the impact of their efforts. In a new RWJF blog post, Marla Bilonick, President and CEO of NALCAB, and I show how impact investments can be used to break down barriers to economic prosperity for Latino communities.
Yari S.
2mo
Absolutely agree, Zoila! Supporting Latino communities through impact investments is not just necessary—it's transformative. The work being done by organizations like NALCAB is a powerful example of how we can break barriers and create lasting economic opportunities. Thank you for leading these important conversations!
André F. Bueno
1mo
It would be great to share some of the developers we are funding who build affordable housing without government subsidies in LA County
Advisor, Facilitator, Researcher & Investor for Wealth & Wellbeing
2moProximity is key and these leaders need supported so their communities are stronger and the economy is more productive for everyone. Great piece 🙌🏽