MLCDC Awarded Grants Totaling $70K From Peter Kiewit Foundation
The Peter Kiewit Foundation has approved $70,000 in grants to be allocated to the Midlands Latino Community Development Corporation (MLCDC) (www.midlandslatinocdc.org). A $60,000 grant, with $30,000 dedicated to loan capital and $30,000 to program operating costs, has been approved to support the Micro-Lending and Business Assistance Programs. The foundation is also providing a $10,000 grant to support MLCDC’s technology renovations and improvements, including new computers along with new hardware and software.
The significance of these grants goes beyond the monetary value. It shows Peter Kiewit Foundation’s understanding and concern for the need to create economic development opportunities for all sectors of our community. The opportunity provided through MLCDC’s Business Development and Micro-Lending programs for Latino business owners is critical to build personal assets, increase incomes, and provide jobs in the community. The generous support from the Peter Kiewitt Foundation will have an incredible effect on the organization, those it serves, and the community at large.