Earmark - For the Raza Development Fund of La Raza for the HOPE Fund, technical assistance, fund management and for investments in the HOPE Fund and financing affiliated organizations

Agency:		Department of Housing and Urban Development
Bureau:		Community Planning and Development
Account:		Community development fund (86-0162)
Certifying Official:		Branch Chief, Community Development, Research and Equal Opportunity Branch
Contact Information:		http://WWW.HUD.GOV 202-708-0685

For the Raza Development Fund of La Raza for the HOPE Fund, technical assistance, fund management and for investments in the HOPE Fund and financing affiliated organizations

1 recipient will receive $4,762,000. This is a continuing earmark.

Year Enacted: 2005

Code: MISC

Description: Financing and credit enhancements for ventures serving low and very low income families such as housing and homeownership programs; educational, health, job training, child care and social service facilities; and acquisition and operating lines of credit

Beneficiary/Recipient	Amount ($K)	Program	Type	Address
Raza Development Fund, Inc.	$4,762		Non-Profit	101 North First Avenue, Suite 900 Phoenix, AZ

Citation

Source: Appropriations Statute

Reference: P.L. 108-447

Method: User entered excerpt

Citation Excerpt: $4,800,000 shall be available as a grant to the Raza Development Fund of La Raza for the HOPE Fund, of which $500,000 is for technical assistance and fund management and $4,800,000 is for investments in the HOPE Fund and financing affiliated organizations

Citation Comment: Grant amount reduced from appropriated amount, due to a .8% rescission by Congress

Last Modified: 16-Apr-2007