NALCAB Market Research Report

Background

Overview

The National Association for Latino Community Asset Builders (NALCAB) is a unique Community Development Financial Institution (CDFI) intermediary and national network comprising over 200 nonprofit organizations. Established in 2002, NALCAB is dedicated to advancing economic opportunity in Latino communities across all 50 states, Washington, D.C., and Puerto Rico. The organization provides capital, training, research, and resources to support its members in areas such as affordable housing development, neighborhood revitalization, small business investment, and financial capability.

Mission and Vision

Mission: Build transformational wealth in Latino communities to create a more prosperous future for the entire nation.

Vision: A nation where Latino communities thrive, with access to opportunity and prosperity, and the power to shape their own destiny.

Industry Significance

As a U.S. Treasury-certified CDFI, NALCAB plays a pivotal role in fostering economic mobility within Latino communities. By strengthening and coordinating the capacity of its member organizations, NALCAB influences investors and policymakers through research, advocacy, and technical advice, thereby contributing significantly to the national economy.

Key Strategic Focus

Core Objectives

Capital: Provide member organizations with access to lending, loan guarantees, grants, and impact investment opportunities to sustain or expand their work.

Capacity Building: Offer individualized technical assistance, webinars, workshops, and tailored training to enhance the operational capabilities of member organizations.

Collective Voice: Advocate at local, state, and federal levels on key issues affecting members and their communities, providing advisory services and recommendations to government agencies and congressional offices.

Community Engagement: Foster peer-to-peer connections among member nonprofits through events such as NALCAB’s national conference, regional Cafecito convenings, and leadership development programs.

Areas of Specialization

NALCAB specializes in supporting Latino communities through:

Affordable Housing Development: Facilitating the creation and maintenance of affordable housing to ensure stable living conditions.

Neighborhood Revitalization: Implementing strategies to rejuvenate communities, focusing on inclusivity and opportunity for all residents.

Small Business Investment: Providing resources and capital to foster the growth of Latino-owned businesses.

Financial Capability: Enhancing financial literacy and access to financial services to build generational wealth.

Key Technologies Utilized

NALCAB employs various technologies to support its initiatives, including:

Data Management Tools: To develop performance indicators and manage data effectively.

Financial Management Systems: For efficient processing of loans, grants, and other financial services.

Communication Platforms: To facilitate webinars, workshops, and virtual events for capacity building.

Primary Markets Targeted

NALCAB focuses on Latino communities across the United States, including Washington, D.C., and Puerto Rico, aiming to enhance economic opportunities and prosperity within these regions.

Financials and Funding

Funding History

NALCAB has secured funding through various grants and investments to support its mission. Notably, in 2024, the organization received $2.2 million in grants and over $5 million in loans to support its member organizations.

Total Funds Raised

As of 2024, NALCAB has raised a total of $5.69 million in funding.

Recent Funding Rounds

The most recent funding round was a grant of $1 million, announced two years ago.

Notable Investors

NALCAB has received support from various funders, including: