NEW’s dedicated staff of 54 employees, guided by the Board of Directors and assisted by numerous organizational partners and collaborators have achieved much in 2006.

FUNDING is, of course, fundamental to supporting the work of NEW.
Results included:
   • $2.3 million in grants
   • $221,000 for La Posada.
   • $54,000 in grants for families

CLIENTS are our heart. NEW served over 2,500 clients, 600 families,
These families can boast of some significant achievements including:
   • 355 graduated from the Smart
     Consumer classes
   • 27 families purchased homes through
     the Homeownership Program
   • 10 families purchased homes
     on their own
   • 7 families built homes in their
     country of origin
   • 2 families started their own businesses

PLANNING for the future means caring for children, earning and saving.
   • 820 children were enrolled for health
      insurance through the Healthy Families
      program (at $2,000 a child, a value
      of $1,640,000)
   • NEWConnect Business Growth Center
      businesses made $2,485,000
      in revenue
   • Residents at NEW’s housing
     accumulated a total of $479,000
     in savings
   • IDEA and IDA savings reached
     over $72,000
   • 12 families received Earned Income
     Tax Credits totaling over $17,000

Here’s how we see the CYCLE of success:

   • We organize grant support, fundraising
     and collaboration to create and deliver
     NEW programs and workshops.

   • Families attend our workshops and
     learn asset building techniques.

   • Families practice the skills they acquire.

   • Families build their assets and
     achieve their dreams.

NEW Knowledge

Now available for download:

NEW's Immigrant Asset Initative
funded by the Insight Center for Community and Economic Development

The report identifies a need to more aggressively promote the importance of asset creation and protection. Although there is no shortage of basic Spanish language financial literacy materials, there is a dearth of materials specifically addressing the more complex asset creation and protection tools (e.g. how to invest in the stock market and insurance education.) Latino immigrants are not changing their financial management habits in any significant manner. Better materials and delivery methods, such as family education, must be developed to more effectively change this population’s behavior.

Download Executive Summary

United Way of Greater Los Angeles 2007 State of the County Report

The 2007 report includes a new feature: the Quality of Life Index. The index, based on 4 areas of economics, health, education, and public safety, is a 10 point scale, with a higher score indicating a higher quality of life. Some of the indicators that comprise the index include measurements of obesity, asthma, child poverty, student proficiency in math and reading, housing affordability, wages, air quality, violent crime, access to healthcare and more. With this index, policy makers, the public and the media will have a better understanding of where LA lies on key issues in comparison to the state and the nation, as well as better tools to address key problems.
Download Summary
Download Full Report

Housing Facts & Findings 2006 Vol. 8, No. 4

Housing Facts & Findings, a Fannie Mae Foundation newsletter, shares knowledge about housing and community development issues. See the write-up on NEW "Most Successful Public/Private Partnership" on page 4.

Download Full Report

United Way of Greater Los Angeles
Latino Scorecard 2006

January 2006
Latino Scorecard 2006 report is a follow-up to Latino Scorecard 2003: Grading the American Dream, which brought together academic research teams to study conditions of Latinos in Los Angeles in five key areas: Education, Economic Development, Health, Housing and Public Safety. Working with action agenda partner Alliance for a Better Community, the Scorecard project has resulted in several important policy and program innovations, especially in the areas of education and health.
Download Full Report
Download Executive Summary


National Center for Children in Poverty
When Work Doesn’t Pay: What Every Policymaker Should Know

June 2006
This brief informs policymakers and others about the difficulties faced by low-income working parents as they strive to make progress in the workforce. Based on results from NCCP’s Family Resource Simulator, When Work Doesn't Pay highlights ways in which the current structure of work support policies often leads to unintended consequences.
Download report.

Los Angeles County’s Children Planning Council
2006 Children’s ScoreCard

The Children’s ScoreCard provides information on how children, families and communities are doing across the large and diverse county of Los Angeles. Since 1994, the ScoreCard has been a vital tool for tracking and measuring collective progress, and for guiding policy, planning and action towards improving the lives of children.
Download report.

The State of Early Care: Pathways 2005-2006 Annual Demographic and Statistical Report

Pathways’ annual report provides demographic and statistical information about the state of child care in the Pathways service area Los Angeles Metro Service Planning Area (SPA) 4: including the communities of Eagle Rock, Mt.Washington, Glassell Park, Cypress Park, Monterey Hills, Montecito Heights, El Sereno, Boyle Heights, Koreatown, Westlake, Chinatown, Echo Park, Silverlake, Atwater Village, Los Feliz, Hollywood Hills, Mount Olympus, Hancock Park, Park La Brea, West Hollywood and Hollywood.
Download Full Report

NEW Recommended Links
National Association for Latino Community Asset Builders www.nalcab.org
ANEW unites environmental sustainability with social responsibility -- keeping surplus materials like carpet and furniture out of our overflowing landfills while, at the same time, helping community learning programs who can benefit from repurposed materials. www.anewfound.org
Policy Link www.policylink.org
Asset Policy Initiative www.assetpolicy-ca.org
Women’s Policy Inc. www.womenspolicy.org
Economic Policy Institute www.epi.org
Los Angeles County Children’s Planning Council www.childrensplanningcouncil.org
Fannie Mae www.fanniemae.com
En Breve - an intelligence brief on the US Hispanic market and media. Includes current news and trends in the Hispanic market published by ImpreMedia. www.impremedia.com/enbreve/