Advocacy Archives - NALCAB | National Association for Latino Community Asset Builders

NALCAB’s Policy Priorities

Strengthening Minority Small Business
Increasing Consumer Financial Protections
Housing and Community Development
Increasing Diversity in Our Financial System
Promoting Immigration Policies That Strengthen Our Economy
Opening Access to Federal Community Development Funding
Strengthening the Community Reinvestment Act

Latino Economic Agenda: A Latino Perspective on US Domestic Economic Policy

NALCAB’s Policy Packet can provide additional information. CLICK HERE for NALCAB’s Board approved policy priorities. Other policy resources can be found on our Publications page.

Annual Advocacy Day

Each spring while congressional committees are working on the budget for the upcoming fiscal year, NALCAB members from all over the country convene in Washington, DC for NALCAB’s Annual Congressional Advocacy Day. On this day we advocate for federal policies that make a meaningful difference in the lives of Latinos and LMI communities with particular emphasis on federal appropriations. NALCAB members communicate to members of Congress the importance of robust federal funding to fuel key community and economic development programs that support Latino economic advancement including;

•U.S. Housing and Urban Development’s Community Development Block Grant (CDBG), HOME and SHOP programs
•The U.S. Small Business Administration’s PRIME, Microloan programs and Women’s Business Centers
•The Community Development Financial Institutions (CDFI) Fund
•The Community and Economic Development Program (CED)
Disaster Recovery
•U.S. Department of Agriculture’s Rural Development Programs

***Due to COVID-19, NALCAB’s 2020 Advocacy Day has been postponed. Instead, we will take those efforts to a safer medium and continue to advocate for the economic mobility of Latinos by promoting local advocacy using online efforts. Please stay connected for more information in the coming weeks.

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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.

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.

If you would like to learn more about NALCAB’s policy work, please contact Director for Public Policy Clarinda Landeros at clanderos@nalcab.org.

Contact Us

Feel free to get in touch with us. We are always open to discussing new projects, creative ideas or opportunities to be part of your visions.

If you would like to learn more about NALCAB’s policy work, please contact Director for Public Policy Clarinda Landeros at clanderos@nalcab.org.