Clearinghouse CDFI staff recently met with U.S. Treasury Secretary Jacob J. Lew during his site visit to Clearinghouse CDFI borrower PVJOBS in Los Angeles, CA. Lew toured the facility and also met with James Martinez of PVJOBS, who was honored as the Veteran Participant of the Year.
Learn how our loan helped PVJOBS serve 1,600 at-risk individuals.
More about PVJOBS
PVJOBS is a nationally recognized, nonprofit organization that works with major construction projects, unions and 120 community-based organizations to provide construction job opportunities to local, at-risk residents. These at-risk youth and adults have either come from single-parent homes, have been welfare recipients, did not complete high school, have former gang affiliations, endured homelessness or have been incarcerated. PVJOBS has nearly 16,000 active, job-ready candidates in its database. Since its formation in 1998, PVJOBS has filled more than 7,000 positions, maintaining a retention rate of 89 percent.
