December 4, 2018 –
With the generous support of the Wells Fargo Foundation, The National Association for Latino Community Asset Builders (NALCAB) has provided a $45,000 grant to Homewise to expand a family financial capability program across the NALCAB network.
“Wells Fargo is committed to helping people succeed financially, and we know that families who participate in financial coaching learn lessons that empower them for the rest of their lives,” said Mike Rizer, head of Community Relations for Wells Fargo. “NALCAB and its network of community partners has a proven track record of really being there on the journey to financial success, so we’re excited to help significantly expand the number of communities that will benefit from their work.”
“Many families, especially those in the immigrant and Spanish-speaking populations, face obstacles that lock them out of the long-term economic benefits of homeownership. Homewise addresses these obstacles by providing free education to help families manage money, reduce debt, repair credit and build savings in order to build long-term financial wellbeing. We are thrilled that Wells Fargo and NALCAB have chosen to support financial coaching that will help individuals and families create financial security through homeownership,” said Mike Loftin, Chief Executive Officer of Homewise.
National Association for Latino Community Asset Builders (NALCAB) represents and serves a geographically and ethnically diverse group of more than 100 non-profit community development and asset-building organizations that are anchor institutions in our nation’s Latino communities. Our mission is to build assets for Latino families, communities and organizations. NALCAB’s work advances economic mobility for low and moderate-income people.