First local meeting of Regional Initiative exploring Latino/Hispanic Economic Development

Earlier this week, a small group met at The Kirkland to lay groundwork for a larger conversation around economic access and business building in our Spanish-speaking communities.

Community Capital NY (CCNY) and Hudson Valley Pattern for Progress (Pattern) are collaborating on an initiative to establish a road map for additional business resources and access to credit for new and existing Latino/Hispanic enterprise. The initiative focuses on the cities of Beacon, Poughkeepsie, Kingston, Newburgh, Middletown and Port Jervis.

“Pattern & CCNY asked for our help in gathering the local perspective. We’ll hold business forums to collect community input. We invite Latino/Hispanic community members to come forward and share what business owners and entrepreneurs need to be successful. We’re asking simple questions like what’s needed, how’s credit working (or not), and what resources are out there to build opportunity,” notes Kevin O’Connor, Chief Executive Officer at RUPCO. “In the three relevant communities we serve — Newburgh, Kingston and Middletown — the Hispanic/Latino population is strong. Jobs and new business creation are top of mind for everyone, no matter color, race or culture. But we know access to resources is not equal. This initiative spearheaded by CCNY and Pattern will explore the current situation and make recommendations for our communities moving forward.” Community Capital and Pattern, with guidance from local advisory committees, will conduct local outreach to determine needs and barriers within the Latino/Hispanic business community. Based on this fact-finding research, the team will recommend best practices and develop a guide of local and regional resources available to the Latino/Hispanic business community.

Present at the Economic Development for Hispanic and Latino Businesses meet-up (pictured above) were Emily Hamilton (Deputy Director of Housing at Hudson Valley Pattern for Progress), David Sosa Rosa (Kingston business owner of La Roca Floral), Simone Obermaier (Senior Vice President of Lending at Community Capital New York), Hugo Jule (outreach coordinator at RUPCO’s Green Jobs | Green New York Program), Maru Gonzalez (Executive Assistant to the CEO) and Kevin O’Connor, both of RUPCO. The group identified first steps in gauging the climate of local Latino/Hispanic business, its networks and resource access. “We’ll hold a few more meetings here at The Kirkland, talk with more people with the help of pastors and the church community, to make people aware that this conversation is happening,” adds Maru Gonzalez. “To be a part of this local conversation, contact me at (845) 331-2140 and I’ll put you on our email list.” If you have questions about the broader Community Capital NY-Pattern for Progress initiative, contact Kim Jacobs (CCNY) at (914) 747-8020 or Joe Czajka (Pattern) at (845) 565-4900.