LEDC Joins the Global #GivingTuesday Movement
Pledges to Help Low-Income Families Avoid Eviction and Improve their Housing Conditions
Washington, D.C. - The Latino Economic Development Center (LEDC) has joined #GivingTuesday, a global day of giving that harnesses the collective power of individuals, communities and organizations to encourage philanthropy and to celebrate generosity worldwide. In 2015, LEDC provided homeownership and foreclosure counseling to 330 DC and MD low- to moderate-income residents. Our Homeownership counseling efforts resulted in over 45 District and Maryland residents purchasing their first home. Our counselors in our DC and MD offices achieved 54 positive outcomes with clients facing foreclosure, which included bringing clients current with their mortgage payments, mortgage modifications, and pre-foreclosure sales. Our Housing Fund will provide grants to low-income families struggling to secure safe and affordable housing and help families at risk of eviction. Occurring this year on November 29, #GivingTuesday is held annually on the Tuesday after Thanksgiving (in the U.S.) and the widely recognized shopping events Black Friday and Cyber Monday to kick-off the holiday giving season and inspire people to collaborate in improving their local communities and to give back in impactful ways to the charities and causes they support.
"One of the barriers faced by DC renters are high rents and a lack of savings among low-to-moderate income residents to use in securing rental properties," said Walda Yon, LEDC's Director of Housing. "Given the higher rents and associated upfront costs of securing rental housing- security deposits and first month's rent- we strongly believe it will be key to focus on assisting low-to-moderate income DC families seeking to rent in the District."
92Y − a cultural center in New York City that, since 1874, has been bringing people together around its core values of community service and giving back −conceptualized #GivingTuesday as a new way of linking individuals and causes to strengthen communities and encourage giving.In 2015, the fourth year of the movement, #GivingTuesday broughttogether over 45,000 partners in 71 countries and helped raise nearly $117 Million online in the US alone.
"We have been incredibly inspired by the generosity in time, efforts and ideas that have brought our concept for a worldwide movement into reality," said Henry Timms, founder of #GivingTuesday and executive director of 92Y. "As we embark on our fifth year of #GivingTuesday, we are encouraged by the early response from partners eager to continue making an impact in this global conversation."
#GivingTuesday is a movement to celebrate and provide incentives to give-the 2016 iteration will be held on November 29, 2016. This effort harnesses the collective power of a unique blend of partners-nonprofits, businesses and corporations as well as families and individuals-to transform how people think about, talk about and participate in the giving season. #GivingTuesday inspires people to take collaborative action to improve their local communities, give back in better, smarter ways to the charities and causes they celebrate and help create a better world. #GivingTuesday harnesses the power of social media to create a global moment dedicated to giving around the world.