Latino Community Finalist For NEXT Award

DURHAM, N.C. - Latino Community Credit Union is among the semi-finalists for the Wachovia NEXT Awards for Opportunity Finance. In all, 10 community development financial institutions were named as semi-finalists for $8.25 million in grants and awards. The awards program is sponsored by the Wachovia Foundation and the John D. and Catherine T. MacArthur Foundation.

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The $8.25 million in grants and investments will be divided between two organizations.

Other semi-finalists include: Boston Community Capital; Clearinghouse CDFI in Lake Forest, Calif.; Community First Fund in Lancaster, Penn.; New Hampshire Community Loan Fund in Concord, N.H.; Corporation for Supportive Housing in New York; Housing Development Fund Inc. in Stamford, Conn.; IFF in Chicago, and Southern Bancorp in Arkadelphia, Ark.

The recipients of the Wachovia NEXT Awards for Opportunity Finance will be named in December in Miami.


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