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October is Women Small Business Month, and as Business and Community Lenders of Texas (BCL) celebrates women-owned small businesses, we are also proud to recognize another significant milestone with the appointment of Raquel Valdez Sanchez as our new President & CEO. Raquel succeeds Rosa Rios Valdez, who founded BCL, and who for 34 years, helped advance economic opportunities for diverse and underserved communities throughout Texas.
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Reflecting on your journey, from the time you co-founded BCL in 1990, to today, what are the professional milestones that you feel most proud of?
As the founder of Business and Community Lenders of Texas, I am most proud of three milestones: achieving autonomy and statewide expansion; staying focused on capital formation and leveraging BCL capital for economic sustainability.
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Amidst the celebration of Hispanic Heritage Month, we sat down with our founder Rosa to share her perspective on being a Latina leader in the realms of economic development and finance. We discussed her challenges, her inspirations, and her unwavering commitment to empowering underserved communities.
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The health and economic effects of the pandemic put people behind on their home expenses, such as mortgages, utilities, HOA fees, taxes, etc., and left them at risk of losing their homes. Barbara Rubles found herself in such a situation with being close to $5,000 delinquent on her mortgage.
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BCL of Texas’ Austin Community Land Trust (CLT) Accelerator program awarded with $2 million in grant funding to continue working to prevent the displacement of renters and homeowners in Austin.
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BCL of Texas is delighted to announce $5 million in new funding since the beginning of 2021. This funding is critical to our mission and allows us to work with families, individuals, and businesses across the state to Build Strong Communities and create opportunities for building wealth and financial stability.
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BCL of Texas is pleased to announce the appointment of three new members to its Board of Directors, including Dora Zapata of Dallas, TX, Melissa Chamrad of San Antonio, and Larry Dovalina of Cotulla, TX.
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Today, May 5, 2020 is BCL’s 30th anniversary. As the founder of BCL, I am proud to state that we are the most diverse statewide non-profit Community Development Finance Institution in Texas. In 30 years BCL has funded a combined 13,000 loans for businesses, families and consumers. Our mission is to Build Strong Communities across Texas. The impact of BCL’s work is impressive. Over 36,000 individuals have benefited from BCL’s work. Whether it is achieving homeownership for their families, growing a local small business and contributing to the local tax base or building personal assets for modest income families, BCL has truly made a difference.
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At BCL of Texas, the physical and financial health of our community has always been our biggest priority. As we weather the coronavirus pandemic, we know both individuals and businesses are seeing economic impacts across our state. We’re here to let you know that we’re here, we’re open, and we’re ready to support you. **In precaution for the health of both our staff and customers, we are moving the majority of our services online through May 1 and canceling or rescheduling in-person events. ** Here are the ways that BCL of Texas is here to work with you through this period:
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BCL of Texas is here to support our entrepreneurs and small business owners who have been impacted throughout Texas. As public officials take precautions for the health and safety of our community, we recognize that small business owners may feel an economic impact.
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We’re pleased to name Harry Looknanan, Jr., as BCL of Texas Board Treasurer, after one year of service on our Board of Directors.
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A rising community star, BCL’s Andrea Allen was recently named an honoree for the 5th annual Who’s Who in Black Dallas awards.
With 15 years of mortgage industry experience, Andrea joined the BCL team in 2017 as Mortgage Processing Specialist. We sat down with her for a Q&A about what drives her passion for making a difference.
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BCL is so proud to announce that Jackie Jones, our Director of Mortgage Lending, was named one of Mortgage Professional America’s Elite Women of 2018! MPA’s annual list features top women in the mortgage industry who are expertly leading and shaping a more diverse industry.
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BCL of Texas and its homebuilding subsidiary Texas Community Builders are committed to providing housing solutions with quality, attractive homes at a price tag that’s within reach for working families, veterans, first responders, educators, and more.
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BCL celebrated 27 years of serving Texas communities with a public mural unveiling party this Cinco de Mayo at our Austin headquarters on South Congress Avenue.
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You may have noticed that things look a little different around here lately. BCL is greeting 2017 with a facelift to both our website and our Austin main office.
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Suite 500 Austin, TX 78701 P: 512.912.9884 F: 346.301.5752 NMLS #1114924
Suite 1220 Dallas, TX 75208 P: 214.688.7456 F: 346.301.5752 NMLS #1114924
Suite 2 San Marcos, TX 78666 P: 512.383.0027 NMLS #1114924