TELACU (The East Los Angeles Community Union)

Initially funded through federal legislation, TELACU is one of the largest minority-focused community development corporations in the United States. TELACU Community Capital, one of its subsidiaries, operates as a Community Development Financial Institution, providing special financing and technical assistance to nontraditional small business owners.  The parent CDC owns a number of business enterprises operating within four industries – Real Estate Development, Financial Services, Construction, and Construction Management—that all provide a “double bottom line,” meaning they generate profits for the CDC while creating positive social impact.