A local Hispanic organization is helping to increase the number of hotel corporate jobs Phoenix
has to offer.
Prestamos CDFI, part of Chicanos Por La Causa
, recently awarded a $12 million loan to RED Development for construction of the Hotel Palomar at CityScape
in downtown Phoenix. That hotel will bring numerous jobs
to the city.
Chicanos Por La Causa is a community development organization that helps low-income and minority residents, businesses, and communities. The organization hopes the hotel will provide more employment opportunities for its target demographic.