NHCA Establishes Its Inaugural National Board of Directors
The National Hispanic Construction Alliance (NHCA), a vital trade association devoted to bolstering the Hispanic community within the construction industry, has made a notable announcement. They recently installed their inaugural National Board of Directors. This development is a significant step forward in fulfilling NHCA's mission to enhance opportunities and access to essential resources for Hispanic professionals in construction, ultimately paving the way for advancement in the sector.
The Critical Role of Hispanic Workers in Construction
Hispanic workers have proven to be an essential component in the construction industry in the United States. Recent statistics reveal that over 30% of the nation's construction workforce comprises Hispanic individuals, who have contributed nearly 60% to the industry's workforce growth. This impressive figure underscores their critical influence in shaping the infrastructure and housing of the country.
Challenges in Workforce Representation
Despite their substantial contributions, there is a pressing issue regarding the representation of Hispanic individuals in managerial and supervisory roles. Currently, only 15.72% of Hispanic construction workers occupy these positions, a stark contrast to their non-Hispanic counterparts. This imbalance highlights the immediate need for initiatives that promote representation and enhance leadership opportunities for Hispanic workers in the construction sector.
Mission and Goals of NHCA's Board
The newly formed National Board of Directors is tasked with advancing NHCA's mission and its Five Pillars: Capacity Building, Access to Capital, Community Empowerment, Advocacy, and Networking. Each board member brings a wealth of experience and commitment to elevating the Hispanic workforce and business community.
Introducing the Inaugural Board Members
The individuals appointed to the board include distinguished leaders such as:
- Jerry Ascencio, President of Mission Real Estate
- Rodrigo d'Escoto, Jr., Founder, President & CEO of Refection Window + Wall
- Manny Perez, Senior Vice President of Real Estate and Public Finance at Cabrera Capital
- David Adame, Founder, President & CEO of Grupo Adame, LLC
- Phil Bracken, CMB, Vice Chairman of Falcon Capital Advisors
- Gary Acosta, Co-Founder & CEO of NAHREP
- Mark Madrid, CEO & Founder of Breakthrough Mavens, LLC; Honorary Colonel, U.S. Army Reserve
Commitment to Action and Advocacy
Sergio Barajas, Executive Director of NHCA, expressed enthusiasm about the board's potential. He stated, "The National Board of Directors brings a wealth of experience and a shared commitment to championing the Hispanic workforce and business community." This board aims to transform findings into concrete actions, ensuring meaningful progress for Hispanic professionals and enterprises in construction.
Key Initiatives and Policy Priorities
In alignment with its mission, the board will focus on the essential findings from NHCA's recent report titled "State of Hispanics in Construction Report." They will work diligently on the identified 2025 policy priorities, which include immigration reform, fair labor practices, regulatory relief for minority-owned businesses, and crafting economic policies that support small firms.
Learn More About NHCA
For more information on NHCA, its initiatives, and to access the comprehensive "State of Hispanics in Construction Report" as well as the 2025 policy priorities, interested parties are encouraged to visit the NHCA website. This organization is dedicated to uniting the real estate and construction industries while providing extensive support to its members.
Frequently Asked Questions
What is the focus of the NHCA's newly formed Board of Directors?
The primary focus is to empower the Hispanic community in construction, advocating for better representation and advancement opportunities in the industry.
Why are Hispanic workers crucial in the construction sector?
Hispanic workers make up over 30% of the construction workforce and have contributed significantly to the industry's growth.
What challenges do Hispanic workers face in construction?
Despite their numbers, only a small percentage holds management positions, indicating a lack of representation in leadership roles.
What are the Five Pillars of NHCA?
NHCA's Five Pillars include Capacity Building, Access to Capital, Community Empowerment, Advocacy, and Networking.
How can I learn more about NHCA's initiatives?
For more information, you can visit the NHCA website, where you can access reports and details on their mission and activities.
