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CommunityDevelopment In The Digital Age [2024 Guide] In an OpenGov survey of local governmentcommunitydevelopment professionals, 78% put economic development at the top of their priority list. This […] The post CommunityDevelopment Tools for the Digital Age appeared first on OpenGov.
Over the last few decades, these systems have become ubiquitous in almost every aspect of local government management. The Performance Management Process Cycle The adoption and implementation of performance management in communitydevelopment, however, pose a unique challenge due to how these services are structured and organized.
3 Signs Your Municipality is Ready to Upgrade to CommunityDevelopment Software September 29, 2022 – OpenGov Communitydevelopment is a cornerstone of any municipality. The post 3 Signs Your Municipality is Ready to Upgrade to CommunityDevelopment Software appeared first on OpenGov. The […].
Business licensing is more than just an administrative necessityits a critical gateway to economic growth, steady compliance, and consistent communitydevelopment.
Getting Shovel-Ready: How Three Communities Promote Economic Growth and Development December 2, 2022 – OpenGov Econimic growth and development is a hot topic in the government space. To keep pace with this growth, communitydevelopment departments across […].
Communitydevelopment leaders continuously balance resource, budget and land constraints. While smart city practices are still relatively new in city government, there are many practical applications for cities invested in advancing equitable communitydevelopment.
There is one thing we can say for certain: The role of local government leaders continues to change rapidly. The post 5 Trends in Local Government Leadership appeared first on OpenGov.
Earlier this month, DFI examined how local governments in North Carolina have stepped in to make new affordable housing construction economically viable after a historic increase in construction costs and elevated interest rates. The median development cost per unit remained steady at $250,000, more than 50% higher than in 2020.
In September 2024, Community Progress convened a learning exchange in Cleveland for leaders in land conservation and their partner land banks and local government agencies from four cities: Baltimore, Chicago, Cleveland, and Detroit. Traditional land conservancies work to permanently conserve natural landscapes and working lands.
Episode 77: CRA Tips: CDCs - Your Partners in CommunityDevelopment [link] I recently walked a CRA officer through a potential loan transaction in partnership with a communitydevelopment corporation, otherwise known as a CDC. Either way, these mission based organizations are great partners in communitydevelopment.
With so many incredible communitydevelopment and engagement projects taking place on our platform across the world, we hope to record some best practices and share them with local governments to encourage peer learning and inspiration. Here at CitizenLab, we love to celebrate the successes of our clients.
Communitydevelopment lending is a critical tool for driving impact and building stronger communities, but it requires a deep understanding of regulatory compliance and risk management. Commercial lenders are entrenched in local communities customizing financing options to help businesses manage cash flow and operational risk.
Episode 65: CRA Tips: Revisiting the Fundamentals: A CommunityDevelopment Loan Primer [link] This episode will lay the foundation for communitydevelopment loans as it relates to your CRA program. Communitydevelopment loans must have a primary purpose of communitydevelopment.
Marisa Calderon is the executive director at NCRC CommunityDevelopment Fund (NCRC CDF), a nonprofit, U.S. Treasury-certified communitydevelopment financial institution (CDFI) that provides loan capital to expand access to affordable homeownership, which helps Black-, Brown- and woman- owned businesses thrive.
Rebuilding Trust Through Community Engagement Rebuilding trust between governments and their communities will be a central theme in 2025. Governments can foster trust by prioritizing inclusivity and demonstrating a commitment to addressing community needs through transparency, accountability, and ongoing dialogue.
Communitydevelopment lending is a critical tool for driving impact and building stronger communities, but it requires a deep understanding of regulatory compliance and risk management. Commercial lenders are entrenched in local communities customizing financing options to help businesses manage cash flow and operational risk.
Epsiode 61: CommunityDevelopment Loans Demystified with Krista Shonk, VP & Senior Counsel, Regulatory Compliance and Policy, Fair & Responsible Banking, ABA [link] Are you one of the 95 percent of banks that are underreporting communitydevelopment loans under the Community Reinvestment Act (CRA)?
Episode 76: Beyond Bricks and Mortar: Rethinking CommunityDevelopment Strategy to Address Digital Inequity with Sarah Hope Marshall [link] Sarah Hope Marshall joins me here to reflect upon digital inequity in place-based community revitalization. government material) All rights reserved.
Chris Spahr, Executive Director of the Centennial Parkside CommunityDevelopment Corporation , defines affordable housing as housing that can be made available to anyone and everyone no matter their economic status. About Centennial Parkside CommunityDevelopment Corporation. And we're here with Iron Sharpens Iron.
COMMENTARY | A recent study of the CommunityDevelopment Block Grant program showed that neighborhoods with the largest share of low- to moderate-income families were less likely to receive CDBG funds than communities that were closer to the 51% threshold.
Chris Spahr, Executive Director of the Centennial Parkside CommunityDevelopment Corporation , defines affordable housing as housing that can be made available to anyone and everyone no matter their economic status. How does equitable development plays a part in your work experience? And we're here with Iron Sharpens Iron.
Arts and retail focused communitydevelopment corporations. The Pittsburgh Cultural Trust, the Playhouse Square Development Corporation, and Jubilee Housing of Baltimore (focused on live work housing) are particularly good examples. Transit focused communitydevelopment corporations. Bias for action.
Beyond its many financial and economic responsibilities, one of the stated key functions of the system is to promote communitydevelopment through the regional Federal Reserve Banks. Together, they work to promote the effective operation of the U.S. economy and the overall public interest. White Furniture, Mebane, N.C.
CLTs provide a community ownership approach to providing affordable housing, trying to balance the homeowner desire to build equity with the community and societal desire to maintain an affordable housing stock and the desire of local governments and other funders to sustain housing intervention funding. Meehan, 2014).
Or from Urban Regime theory: An urban regime can be preliminarily defined as the informal arrangements through which a locality is governed (Stone 1989). Because governance is about sustained efforts, it is important to think in agenda terms rather than about stand-alone issues. Springfield Missouri Museum of Art.
As every NLC member knows, local government is unique. Local governments play a more significant factor in the daily lives of Americans than any other level of government. From communitydevelopment to education to public health, cities administer essential programs that directly affect the lives of a wide spectrum of residents.
The following are articles and reports on the web that the Community and Economic Development Program at the UNC School of Government shared through social media over the past month. Now works for LIHTC developments. Follow us on twitter or facebook to receive regular updates. link] on.wsj.com/3PcO0YZ.
It makes excellent points: -- that the throwback "design" hasn't been a special success economically (although I prefer it myself) or in terms of revitalization -- but it has helped to draw teams back to center city locations (although there are still exceptions, like the Atlanta Braves, and football teams) -- but that somewhat unrecognized, Camden (..)
Government has been involved in supporting food systems for decades, but primarily through programs adopted at the federal level to both promote food production and protect the health of consumers. But having government work with food systems as a specific vehicle of local CED efforts? an intentional mix.
As New York City faces its worst housing crisis in over 50 years, policymakers are looking to connect affordable housing developers with a range of institutional stakeholders from hospitals to faith-based organizations to find ways to increase the supply of homes.
But as concerns about gentrification and displacement in urban areas have become more widespread, supply skepticism has expanded from the traditional anti-development constituencies to renters and social advocates fighting for equitable neighborhood planning. “We need all hands on deck producing all housing.”
Can you tell us a little bit about your work and philanthropic strategy, and how your organization is working to address the challenges of disinvestment to promote healthy, thriving communities? How do your partnerships with local governments, nonprofits, and residents inform your community investments?
At some point in your journey as a Community Reinvestment Act (CRA) officer, you will likely find yourself involved in a community-based public-private partnership economic development project. Pursuing these opportunities will help you grow your CRA program and expand your bank’s community reach.
Louis County Land Bank Coalition , which includes local communitydevelopment corporations, neighborhood associations, the St. Louis County Board of Realtors, a housing advocacy nonprofit, legal aid, local elected and government officials, and residents. This month, Rep. HB 1088 would give all Missouri cities and St.
By Tarik Abdelazim , Director, National Technical Assistance, Center for Community Progress Before I came to Community Progress, I spent eight years in public service in my hometown, Binghamton, New York. Supporting Workforce Development Goals. Is your community struggling with vacant, abandoned, and deteriorated properties?
Your next exam would highlight your participation in the program, and you would also account for the individual loans that were deployed under the program, either as small business lending performance or communitydevelopment loan activities. I also discuss mining for other communitydevelopment loans and “hooks”.
Are you looking to take your communitydevelopment services to the next level? Episode 44: Economic Development as a Key to CommunityDevelopment Services. Episode 42: I Bet You Are Underreporting Your CommunityDevelopment Loans… Most Banks Are Too! Episode 38: Haven’t Developed a CRA Plan Yet?
Maximize the Reporting of CommunityDevelopment Activities; 2. Maximize the Reporting of CommunityDevelopment Activities. Oftentimes, large (for CRA purposes) banks overlook transactions, such as loans and investments, that could qualify for consideration as communitydevelopment activities.
To qualify a communitydevelopment service, it has to have a primary purpose of communitydevelopment, be offered on behalf of the bank, and must be related to the provision of financial services. 12(i)–3: What are examples of communitydevelopment services?
Are you one of the 95 percent of banks that are underreporting communitydevelopment loans under the Community Reinvestment Act (CRA)? SHOWNOTES: CommunityDevelopment Loans Demystified with Krista Shonk, VP & Senior Counsel, Regulatory Compliance and Policy, Fair & Responsible Banking, ABA.
In this chapter, Reinvestment Fund ’s Emily Dowdall and Ira Goldstein discuss vacant property remediation and prevention plans in the Leigh Valley as a case study of data-driven communitydevelopment. The plan focused on action steps and funding approaches that could be taken by local government entities and partners.
Utah Business magazine claims that the economic development impact of the Game will be as much as $250 million (" The 2023 NBA All-Star Weekend could boost Utah’s economy by $250M+ "). Economic Development hype versus building the local economy. City/government revenues from the lease are minimal.
From a CRA standpoint, we might be mining for communitydevelopment loans, so it’s important to look at our commercial real estate portfolios, which may include NOAH. It’s important to work closely with your commercial real estate lenders to uncover transactions in a portfolio that would qualify as a communitydevelopment loan.
link] In a recent CRA fundamentals office hours session, we discussed current practices around communitydevelopment services. One bank professional asked why, at her last bank, they counted the number of hours of qualified communitydevelopment services, but at her current bank, they count both the number of occurrences and hours.
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