More than anything, Latino Economic Development Center believes in the families that it serves – believes that, with the right support and resources, they can live in affordable homes, build small businesses, and spark community growth. The only organization providing bilingual, wealth-building services in DC, Maryland, and Northern Virginia, LEDC aims to drive the economic and social advancement of low to moderate-income Latinos and area residents. In homeownership counseling, LEDC walks families through each step of buying a house, from credit repair to application packaging; mortgage and foreclosure advising is available for those who are struggling. And by educating and empowering tenants, LEDC helps to prevent displacement and secure housing for very low-income renters. After stability comes growth; and through microloans, financial services, and 844 hours of individual business coaching annually, it helps aspiring entrepreneurs and business leaders compete and thrive. Winner of the 2011 Meyer Foundation Exponent Award and Maryland Hispanic Business Conference Small Business Advocate Award, LEDC is all about turning ideas and aspirations into realities – with your help, please.

Headquarters: DC-Ward 1

Where They Operate: DC-Citywide; MD-Montgomery County

Age Groups Served: Adult (25-49)

Ethnic Groups Served: African American; Asian American; Caucasian; Latino/Hispanic

Population(s) Served: All; Low- to Moderate-Income Community Members

Awards & Recognition

“Small Business Initiative of the Year” at the 2008 Business Premier Awards sponsored by the DC Economic Partnership;

2009 Mayor's Environmental Excellence Award from the DC Department of Environment;

Erick Gutierrez, Regional Housing Director received the Maryland Governor’s Commission on Hispanic Affairs 2009 Hispanic Heritage Award;

Manny Hidalgo, LEDC's Executive Director, is the recipient of the Gelman, Rosenberg & Freedman 2009 EXCEL Award for outstanding nonprofit chief executive leadership.

Press

Budget (FY2011)

  • $3 million or higher
  • The current budget for Latino Economic Development Center is: $1 million to $3 million
  • $500k to $1 million
  • Less than $500k

Catalogue charities range in size from $100,000 to $3 million. This graphic indicates the budget range of the organization featured here. If you see an organizational budget above the $3 million mark, that is because the featured charity has grown in size since it first appeared in the Catalogue. We proudly present on our website the work of these "growth" charities.

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