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Hispanic Center gets loan from Danbury to make up funding shortfall

The Hispanic Center of Greater Danbury has received a $25,000 forgiveable loan from the City.  The money will be used to cover a shortfall in the current fiscal year that was created when the Community Action Center of Danbury pulled its state funding to the Center. 

 

City Council President Joe Cavo says the CACD has been involved in some controversies over its own funding sustainability and cancelled its contract with the Hispanic Center abruptly.  Cavo says the Mayor has been asked to intercede with the Department of Social Services, but it's a slow process.  The balance of the contract from DSS through CACD was for $128,000. 

 

To make up that shortfall, the Hispanic Center sold property and other assets.  It has raised $80,000, but is not enough to cover expenses for the remainder of the fiscal year.

 

The Hispanic Center said that it's also working to become a multicultural organization.