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Public Policy

Our Public Policy Work

NALCAB engages in research, advocacy and national partnerships to raise the profiles of key issues in our communities, and provide resources and technical assistance to our members. We engage policy makers on issues ranging from small business access to capital to consumer protections in order to ensure there is equity of opportunity in this country.


Take Action

The US House has passed the Build Back Better Act, and the US Senate continues to negotiate its passage. This legislation would make investments that will impact the lives of low- to moderate-income people, immigrants, and people of color across the nation. It also presents an opportunity for Congress to deliver on their promises of much-needed immigration reform.

Click here for information on what is included in the bill and why it is so important to our communities.

CLICK HERE to take two minutes or less to urge your Senators to pass the bill.

 

Recent Efforts

This month NALCAB, in partnership with National CAPACD and the Center for Responsible Lending, we submitted a response to the Consumer Financial Protection Bureau’s (CFPB) proposed rule to implement data collection on lending to minority-owned, women-owned, and small businesses.

CLICK HERE to read the letter.

 

NALCAB’s Policy Priorities

Strengthening Minority Small Business

Minority entrepreneurs are the economic engine for many cities, rural communities and the US economy as a whole. Our small business policy priorities include increasing access to capital, strengthening entrepreneurial development programs, and protecting small business borrowers from predatory lending practices and unsafe financial products.

Increasing Consumer Financial Protections

Abusive financial products and services are a major barrier for people who aspire to advance up the financial ladder. We cannot forget the lessons of the Great Recession. NALCAB works to increase financial education, instill safeguards against abusive lending and collection practices, eliminate unsafe financial products and put an end to discrimination in our financial system.

Addressing the Housing Affordability Crisis

There is a growing housing affordability crisis in the United States. NALCAB supports policies that open responsible access to home ownership and increase the supply of safe, health and affordable rental housing.

Increasing Diversity in Our Financial System

Diversity in the governance of the Federal Reserve and our largest financial institutions is important for ensuring that our financial system meets its full potential to include everyone in our economy. NALCAB promotes greater diversity in the governance of the Federal Reserve System and in the Boards and senior leadership of major financial institutions.

Promoting Immigration Policies That Strengthen Our Economy

Immigrants strengthen our economy. NALCAB works to advance the public’s understanding of the economic value of sound immigration policy. We advocate for policies that support immigrant entrepreneurs, protect workers and provide an earned path to citizenship for aspiring Americans, particularly Deferred Action for Childhood Arrivals (DACA) recipients and their families.

Opening Access to Federal Community Development Funding

NALCAB is committed to opening access to the federal funding streams that invigorate our communities and support Latino economic advancement. We advocate for robust funding for federal agencies and programs that are key to the community and economic development efforts of our members nationwide. This includes, but is not limited to, US HUD including Disaster Recover programs, the Community Development Financial Institutions Fund, the US Small Business Administration, and the US Department of Agriculture’s Rural Development Programs.

Strengthening the Community Reinvestment Act

The Community Reinvestment Act (CRA) requires regulated banks to meet the credit needs of all people in the communities where they do business. It is a critical tool for working toward a more inclusive economy. NALCAB works in collaboration with diverse national and regional coalitions to ensure regulators strengthen and fully implement the CRA.

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Latinos in the Economy:

Latino communities are essential to a healthy US economy. The overall economic strength of this nation increasingly relies on our fast growing community’s hard work, our entrepreneurial spirit, our enormous spending power and our leadership.

Our work is about giving hard-working people a shot to make it this country. We are strengthening the US economy by investing in our nation’s youngest, fastest growing major demographic segment.

We use the hashtag #LatinoEconomicEngine to highlight data that demonstrates the economic value that Latinos and immigrants bring to this country and strategies that build assets in our communities.

Public Policy Staff

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Director of Public Policy
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Public Policy Associate
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Public Policy Associate

Contact Us

Feel free to get in touch with us. We are always open to discussing new projects, ideas or opportunities to help your organization reach its policy goals.

NALCAB’s DC office is located at 910 17th St. NW, Suite 820, Washington DC 20006. To learn more about our policy work, contact Clarinda Landeros, Director of Public Policy, at 202.991.9100 or at policy@nalcab.org.

Follow us on Twitter! @NALCABPolicy