FOR IMMEDIATE RELEASE
May 21, 2014
CHARLOTTE, NC — Charlotte Mayor Dan Clodfelter discussed the positive impacts of immigration on economic development and highlighted the contributions of the Latino community when he spoke to business and community leaders at the Latin American Chamber of Commerce of Charlotte (LACCC) meeting May 21.
“It is clear that immigrants are vital to Charlotte’s success story by creating jobs, revitalizing our neighborhoods and accelerating economic growth,” said Clodfelter.
Clodfelter noted two recent studies, one conducted by the Partnership for a New American Economy and another by the Frank Hawkins Kenan Institute at UNC-Chapel Hill. Both reveal several major economic impacts of immigrants, who fill critical gaps left as baby boomers retire, start businesses at a higher rate than US-born workers, and increase housing values by shifting housing demand in metro areas that might otherwise decline without them.
Astrid Chirinos, President of LACCC, said she has been pleased with the city’s partnership and is excited about the Mayor’s commitment to diversity and inclusion.
“We were beyond pleased to have Mayor Dan Clodfelter speak to us today,” said Chirinos, “He has been a champion for the Latin American community throughout his service as an elected official and we appreciate his support of the many businesses and organizations who contribute to the economic and social vitality of Charlotte.”
Clodfelter also discussed several of the city’s current efforts to address the needs of a growing and increasingly diverse immigrant population. Highlights of the city’s current initiatives include:
o The Immigration Integration Task Force, which partners with many organizations to host listening sessions throughout the immigrant community.
o The Charlotte Business INClusion initiative, which is designed to promote diversity, inclusion, and local business opportunities in the City’s procurement process.
o The Charlotte Community Capital Fund, a $2 million loan loss reserve fund, which helps provide assurance to local banks who are working with small business owners that come close to current underwriting standards.
LACCC is designed to offer programs, services and events that engage and empower Latino and non-Latino businesses, entrepreneurs and professionals through access to resources, growth and success. The organization hosts meetings on a monthly basis. To learn more about LACCC, visit http://lacccharlotte.com/