Govt. To Give Millions To LaRaza- pass this Info on

5 07 2007

Cross posted from   Freedom Fighter Radio

Hope Fund Act of 2007 (H.R. 1999)

To authorize appropriations for assistance for the National Council of La Raza and the Raza Development Fund. [Read More]

Use- The Secretary of Housing and Urban Development shall, to the extent amounts are made available pursuant to subsection (b), make a grant to the National Council of La Raza for the purpose of providing technical and financial assistance to local non-profit organizations to undertake community development and affordable housing projects and programs serving low- and moderate-income households, particularly through organizations located in neighborhoods with substantial populations of income-disadvantaged households of Hispanic origin. Assistance provided by the Secretary under this section may be used by the National Council of La Raza or the Raza Development Fund to–

  1. provide technical and financial assistance for site acquisition and development, construction financing, and short- and long-term financing for housing, community facilities, and economic development;
  2. leverage capital from private entities, including private financial institutions, insurance companies, and private philanthropic organizations;
  3. provide technical assistance, training, support, and advice to develop the management, financial, and administrative capabilities of housing development organizations serving low-income households, including Hispanic households; and
  4. conduct such other activities as may be determined by the Secretary and the National Council of La Raza.

Authorization of Appropriations- There is authorized to be appropriated for grants under this section–

  1. $5,000,000 for fiscal year 2008; and
  2. $10,000,000 for each fiscal year thereafter.
Referred to the House Committee on Financial Services.
Click Here to see the list of members of the House Financial Services Committee.

Pardons now for our Border Agents-The Texas 4 please visit these sites for info on how you can help and to see their stories

www.noealeman. com//

**This was a production of The Coalition Against Illegal Immigration (CAII). If you would like to participate, please go to the above link to learn more. Afterwards, email stiknstein-at- gmail-dot-com and let us know at what level you would like to participate.




Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: