Latino Economic Development Corporation of Washington Dc

Working families deserve to live in affordable homes and own successful small businesses -- but too many are unable to turn these dreams into reality.

LEDC equips Latinos and other D.C.-area residents with the skills and financial tools to create a better future for their families and communities. Participants in our programs learn how to buy and stay in their homes, take control of decisions affecting their apartment buildings, and start or expand small businesses. The entire D.C. area is stronger when all families have the power to achieve financial independence and join with their neighbors to improve their quality of life.

LEDC provides services in three fields— small business development and lending, homeownership and foreclosure counseling, and affordable housing preservation.

Small Business Development & Lending Services: With our microloans, technical assistance, training, and commercial façade improvements, LEDC helps small business owners and aspiring entrepreneurs in the DC area learn basic business skills and access credit to compete, thrive, and provide for their families and communities.

Homeownership and Foreclosure Counseling: LEDC helps people purchase their first home in the District of Columbia through classes, workshops, individual counseling, including credit repair and application packaging for the DC Home Purchase Assistance Program. We accommodate clients’ individual needs to make sure they understand how to make a wise investment in a home. We also provide foreclosure housing counseling in the DC area through our Foreclosure Intervention Program, which helps struggling homeowners to understand their housing options and works with lenders and our clients to negotiate the best long-term housing solution.

Affordable Housing Preservation: LEDC organizes, educates and empowers tenants in the District of Columbia to prevent displacement and secure reliable, long-term, affordable housing.

 

LEDC envisions all Washington-area residents having the awareness and equitable access to resources in order to create economic opportunity for themselves and their families by building financial assets and becoming actively invested and engaged in their communities. By fostering participatory communities that are inclusive, just, and self-sustaining, LEDC values the economic and social advancement of the underserved as fundamental to the long-term health of the larger communities within which they live and work.

As a participant in this transformation, LEDC envisions itself as a trusted leader in its field, raising standards, driving innovation, and cultivating partnerships throughout the region. From our educational initiatives and financial services to our organizing and advocacy efforts, LEDC will help its clients reach their goals and create an environment where those clients themselves become leaders in their communities.

 

 

Support our work today!

• $25 - The cost of pulling a credit report for a person seeking to build their credit history
• $75 - The cost of hosting a workshop on how to responsibly manage a family's most critical asset--their home.
• $150 - The cost of hiring an interpreter for a bilingual training on tenants rights
• $250 - The cost of a scholarship to pay the fees for one person to attend training and receive technical assistance for their small business. 

 

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