affiliates work to prepare Hispanic
industries, and the program was rolled out
Community
entrepreneurs and individuals to participate
in 2000, resulting in the above-mentioned
Technology
in these areas of the subsector. In Chicago,
hires.
Initiative, a major outreach effort that
NCLR is working with Association House and the Humboldt Park Economic Development Corporation to implement a project based on subsector analysis. The analysis, carried out in previous years, found gaps in the printing industry. The affiliates subsequently designed a program in conjunction with local community colleges and printing companies to train members of the local community to move into these
HOUSING NCLR’s homeownership program worked in collaboration with 18 affiliates across the nation in 1999-2000, known collectively as the NCLR Homeownership Network. Affiliates provided courses and one-on-one counseling to low and moderate income families, with the support of NCLR subgrants and technical assistance. For 1999-2000, the program served 15, 027 families, and 2,495 of those families achieved homeownership, representing a 17% success rate. Since the network was initiated in 1998, over 29,000 families have been provided assistance and over 4,500 homeowners have been created nationwide. In October 2000, NCLR and Freddie Mac, along with the National Association of Hispanic Real Estate Professionals (NAHREP) and RealEstateEspanol.com (REE), announced the Hispanic
will use the latest mortgage technology to increase homeownership among Hispanic families. Through this new initiative, Freddie Mac will provide more than $2 million over three years to the initiative, of which $1,325,000 is directed to help NCLR reach low- and moderateincome Latino homebuyers, helping them overcome barriers to homeownership and improve their access to mortgage credit. Specifically, the funds will support the development of a web-based technology platform for NCLR and its local affiliates, and increase homeownership counseling and outreach programs conducted at the local level. Ultimately, mortgage tools and products will be more widely available to affiliates to help more families become
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