NALCAB's mission is to build financial and real estate assets as well as human and technology resources in Latino families, communities and organizations. NALCAB achieves this mission by supporting the work of its members. View a full list of our members.
Specifically, NALCAB supports its members by achieving the following core goals:
- Increase access grants and investment capital
- Build organizational capacity and project readiness
- Organize consortia and peer to peer learning
NALCAB has been successful in supporting its members programs and services with funding from federal and private entities. Below are NALCAB's current programs at work.
Neighborhood Stabilization Program 2 (NSP2)
In January 2010, a consortium of 15 NALCAB members with Chicanos Por La Causa, Inc. of Phoenix, AZ as the lead applicant were awarded $137 million under the U.S. Department of Housing and Urban Development (HUD) NSP 2 program to revitalize neighborhoods in 8 states and the District of Columbia that have been negatively impacted by foreclosures and abandoned properties.
Broadband Technology Opportunities Program (BTOP)
NALCAB organized a consortium of 12 member organizations to apply for funding under the U.S. Department of Commerce's BTOP. In March 2010, this consortium with the Mission Economic Development Agency of San Francisco, CA as the lead applicant secured $3.7 million to establish 17 broadband-enabled small business support centers.
National Latino Entrepreneurship Program
NALCAB seeks to build and strengthen the national nonprofit infrastructure that supports Latino entrepreneurs and plays a crucial role in integrating small business owners into the mainstream of the U.S. economy. NALCAB's existing network of approximately 90 community and economic development organizations includes more than 40 local small business-serving organizations.
Emerging Communities Program
With over $750,000 from private regional foundations and corporate partners, NALCAB is operating the nation's only program focused on building the capacity of asset building nonprofits that serve emerging Latino communities across the Northwest, Deep South and Southwest. These regions are competently responding to the asset building needs and opportunities of the quickly growing Latino and immigrant communities.