FOR IMMEDIATE RELEASE
WASHINGTON D.C. NONPROFIT LEADER CHOSEN FOR NATIONAL LATINO FELLOWSHIP PROGRAM
WASHINGTON D.C., Feb. 2, 2023 – The National Association for Latino Community Asset Builders (NALCAB) recently announced that Nayeli Pelayo has been named a 2023 NALCAB Pete Garcia Community Economic Development fellow. Pelayo currently serves as CDFI Operations Director at NCRC Community Development Fund (NCRC CDF).
The Pete Garcia Community Economic Development Fellowship is a year-long leadership training program for Latino leaders from around the country. This year, 18 professionals were selected for this prestigious program that aims to cultivate future Latino leaders. More information about the program can be viewed at: https://nalcab.org/services/pete-garcia-fellowship/
Established in 2010, the Fellowship was developed to ensure that next generation Latino leaders build the practical, personal and professional skills needed to fill the increasing leadership gap in the community economic development field. It provides mid-career Latino practitioners specialized professional development training that prepares them to become strong executive director candidates at non-profits that serve the Latino communities.
“It is an honor to be accepted as one of 18 Fellows in the 2023 cohort for the Pete Garcia community Economic Development Fellowship program,” said Pelayo. “I look forward to using my training to encourage Latino economic advancement and mobility.”
The NALCAB Pete Garcia Fellowship has graduated 169 program participants from across the country, representing 110 unique nonprofit organizations in 24 states, the District of Columbia and Puerto Rico.
The National Association for Latino Community Asset Builders (NALCAB) is the hub of a national network of 200 member organizations that are anchor institutions in geographically and ethnically diverse Latino communities in 45 states, Washington DC and Puerto Rico. NALCAB supports its member institutions through funding, training, research and advocacy, enabling them to invest in their communities by building affordable housing, ensuring equitable neighborhood development, supporting small business growth, and providing financial counseling on issues including credit building and homeownership. As a grantmaker and US Treasury certified CDFI lender with offices in San Antonio and Washington DC, the NALCAB Network serves hundreds of thousands of low- and moderate-income people, advancing economic equity and inclusivity in the communities we serve.
The NCRC Community Development Fund, Inc. (NCRC CDF is a U.S. Treasury certified Community Development Financial Institution (CDFI) that works to increase access to homeownership and support small businesses in underserved populations. NCRC CDF provides loan capital that expands access to affordable homeownership for people with low-to-moderate incomes and provides loan capital and technical assistance to help Black-, Brown- and woman-owned businesses thrive. NCRC CDF is a subsidiary of the National Community Reinvestment Coalition (NCRC), a non-profit comprised of more than 600 community-based member organizations nationwide that promote access to basic banking services, affordable housing, entrepreneurship, and job creation.
For more information, please visit https://www.communitydevelopmentfund.org/.
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