Mission
THE FREEDOM BANK FOUNDATION'S MISSION IS TO SUPPORT AND FOSTER RELATIONSHIPS WITH NON-PROFIT ORGANIZATIONS THAT PROMOTE FINANCIAL INCLUSION AND MAKE THE COMMUNITIES FREEDOM BANK SERVES MORE VIBRANT AND MORE EQUITABLE.THE FOUNDATION ENGAGES WITH THE LATINO ECONOMIC DEVELOPMENT CENTER (LEDC) TO ADMINISTER THE FREEDOM FUND, WHICH PROVIDES FINANCING AND TECHNICAL ASSISTANCE TO UNDERREPRESENTED ENTREPRENEURS ACROSS THE DC REGION. TO DATE, THE FOUNDATION HAS CONTRIBUTED OVER $350,000 TO THE FREEDOM FUND AND SUPPORTED NUMEROUS INDIVIDUALS AND COMPANIES. MORE RECENTLY, THE FOUNDATION LAUNCHED A NEW INITIATIVE: THE FREEDOM DOWN PAYMENT ASSISTANCE (DPA) PROGRAM ADMINISTERED BY LEDC TO HELP INDIVIDUALS AND FAMILIES WHO CAN AFFORD MONTHLY MORTGAGE PAYMENTS BUT STRUGGLE TO SAVE FOR A DOWN PAYMENT OR CLOSING COSTS FINALLY BE ABLE TO PURCHASE A HOME. IT IS AN EXCITING EXPANSION OF THE FREEDOM FUND'S IMPACT, EXPANDING BEYOND BUSINESS GROWTH TO HELP PEOPLE ACHIEVE HOMEOWNERSHIP, THE CORNERSTONE