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Chris Dodd: millions for "Raza Development Fund" (NCLR)

chris dodd raza money

Senator and presidential contender Chris Dodd is the sole sponsor of S. 1923 (link), a bill that would give millions of dollars to the National Council of La Raza's "Raza Development Fund" and other groups. This is similar to a House bill from Rep. Ruben Hinojosa.

Under Dodd's scheme, they'd get $5 million in 2008 and $10 million in the next two years:

The Secretary of Housing and Urban Development may make a grant to the Raza Development Fund 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.

The bill does contain a sop to our laws:

None of the funds made available under this Act may be used to provide direct housing assistance to any person not lawfully present in the United States.

I suspect that either the funds will be made indirectly, or they just won't check.

Here's how the NCLR describes the Fund (nclr.org/content/programs/detail/895):

[RDF] is a support corporation of the National Council of La Raza, established in 1998 as the community development lending arm of NCLR. The mission of RDF's Hope Fund is to provide flexible but high-quality loans, along with technical assistance, to entities that provide services and opportunities to low-income Latino families, a mission that is consistent with and complementary to the mission of NCLR. Since its inception, RDF has become the largest Latino Community Development Financial Institution (CDFI) in the United States.

They're a bit less circumspect than the bill, which only says it's for "substantial[ly]" Hispanic neighborhoods; the NCLR comes right out and says it's just for Latinos.

9/2/08 UPDATE: For an unknown reason, the head of the RDF was an invited speaker at the GOP's convention.

Sun, 09/09/2007 - 14:23 · Importance: 4

Mon, 09/10/2007 - 00:32
Tanstaafl
age-of-treason.blogspot.com/

The Ladeeenyos have gotten so used to the fawning approval of politicians and the media they don't try to disguise their brazen theft.

Mon, 09/10/2007 - 04:12
The Other Mary

Subsidized home loans just for Latinos only? Gee, that sounds kind of. . .ray-cyst! Why do I even bother to file my tax returns? Native-born Americans are garbage in this country.

Mon, 09/10/2007 - 09:10
eh

_None of the funds made available under this Act may be used to provide direct housing assistance to any person not lawfully present in the United States._ That's a relief. And I'm sure this restriction will be scrupulously observed. The fact that such assistance for legal immigrants is, more or less, given the OK here, would seem to affirm to those amongst us paying attention that current immigration patterns are importing poverty to a disproportionate extent, something the taxpayers are being asked to subsidize to the benefit of those employing these impoverished, health insurance-less people. What a surprise that a knee jerk liberal like Dodd is apparently too stupid to see that.

Tue, 09/11/2007 - 22:30
Fred Dawes
www.MySpace.com/FredDawes1776

Buy Gun's the system is insane.

Wed, 09/12/2007 - 01:07
Fred Dawes
www.MySpace.com/FredDawes1776

so its now come down to race development funds what a nation of fools if you stand by and do nothing you will disappear into some mexican history book. this is what comes of a big heart, what a joke.

Fri, 11/09/2007 - 19:13
Phyllis Powell
www.abouttimebodyshop.com

This revolotion is going to be televised.Thanks to lou dobbs.I was born in boston and i was a democrat now i am independant.I feel like a stranger in my own birth place.They talk very badly about mitt romney but mitt did the best he could when he was here. But the post of govener her means nothing the legislature has all the clout we need to get rid of them so that the peoples will be heard again in boston. Thats why people are leaving boston and with gods help so will me and my family.Mitt for president yeah!!!