The Wachovia Foundation has pledge to provide NCLR with $16.25 million to assist economic development in Latino communities across the country.
The foundation is forming a partnership with the National Council of La Raza (NCLR) that will allow NCLR to receive up to 5 million in grants over five years to provide homebuyer counseling and different community development projects.
NCLR also will receive $ 1.25 million over five years sponsor events organized by La Raza and $10 million loan to fund growth to NCLR Development Fund’s lending activities.
La Raza is the largest national Latino civil rights and advocacy organization in the United States.
The foundation is forming a partnership with the National Council of La Raza (NCLR) that will allow NCLR to receive up to 5 million in grants over five years to provide homebuyer counseling and different community development projects.
NCLR also will receive $ 1.25 million over five years sponsor events organized by La Raza and $10 million loan to fund growth to NCLR Development Fund’s lending activities.
La Raza is the largest national Latino civil rights and advocacy organization in the United States.
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