5 Year Impact Summary
NALCAB is breaking new ground in the community development industry and opening access to capital for Latino asset building organizations on a level never before achieved. For over 10 years, NALCAB has combined solution-based advocacy with federal agencies and private philanthropies to increase capital flows, with a program of technical assistance for nonprofits, to ensure they are well positioned to utilize increased capital.
Over the past five years, NALCAB has grown rapidly, exceeding the expectations laid out in its first five-year strategic plan. Today, NALCAB is a national network of over 90 local and regional organizations operating in 32 states, serving tens of thousands of ethnically diverse families, businesses and communities with the goal of rebuilding and restoring family assets. NALCAB has played a catalytic role in coordinating the collective capacity of our member organizations and has disseminated the expertise of our most successful members to help ensure the success of emerging organizations.
- In January 2010, a consortium of thirteen NALCAB members were awarded $137 million under the U.S. Department of Housing and Urban Development’s (HUD) Neighborhood Stabilization Program to revitalize neighborhoods in eight states and the District of Columbia that have been negatively impacted by foreclosures and abandoned properties. This is among the nation’s largest coordinated neighborhood stabilization efforts, and the only major, multi-market effort that specifically targets predominately Latino communities.
- HUD selected NALCAB as one of its primary providers of technical assistance to cities, states and local nonprofits under the One CPD Technical Assistance Program. The NALCAB team, which has been awarded $3.4 million, includes the National Coalition for Asian Pacific American Community Development, National Urban League, eight state or regional associations of community development corporations as well as private sector partners.
- NALCAB developed its National Initiative to Support Latino Entrepreneurship, a program of training, grant making and technical assistance to strengthen local small business development programs that serve predominately Latino and immigrant communities. Over the past two years, this effort has provided training to more than 100 practitioners and resulted in the creation and expansion of hundreds of new businesses in more than 20 markets.
- Over the past four years, NALCAB has helped more than 20 member organizations secure approximately $18 million from the federal Office of Community Services and the Department of Commerce’s Broadband Technology Opportunities Program, all to support market-based job creation and business development strategies.
- 23 next generation Latino leaders in the community development and asset building fields have graduated from the first two classes of NALCAB’s Colegio Community Economic Development Fellowship Program.
- With support from numerous private foundation and corporate partners, NALCAB is implementing regional programs of grant-making and technical assistance to strengthen the nonprofit infrastructure in the Northwest, Deep South and US-Mexico Border regions that can competently respond to the asset building needs and opportunities of the quickly growing Latino and immigrant communities.
- NALCAB organized a team of high performance media consultants and 12 multi-service organizations, including National Coalition for Asian Pacific American Community Development to secure $1 million for a national fair housing media campaign under the U.S. HUD Fair Housing Initiatives Program.
By the end of 2013, NALCAB estimates that, as a result of these investments,
member organizations will: