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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 […].
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.
Business licensing is more than just an administrative necessityits a critical gateway to economic growth, steady compliance, and consistent communitydevelopment.
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.
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.
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.
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.
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 […].
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.
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.
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.
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)?
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 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.
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. In response, developers increasingly relied on local governments to fill the financial shortfall.
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. And we're here with Iron Sharpens Iron. And today our guest is, Could you introduce yourself? Well, great. Well, great.
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.
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).
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.
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 (..)
In this model, the various sources of capital are stacked on top of each other to enhance communitydevelopment financing projects. All these layers together make a communitydevelopment loan possible. Capital Stacks are critical to successful communitydevelopment projects, such as affordable housing.
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. Follow us on twitter or facebook to receive regular updates. Can office buildings be repurposed or modernized through rehab?
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. Prince Edward County, Ontario.
How do your partnerships with local governments, nonprofits, and residents inform your community investments? Olivia Barrow Strauss, JPMorganChase: We believe that supporting thriving communities and robust local economies requires developing strong relationships with local partners.
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.
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. an intentional mix.
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 29: How to Do the Undoable Deal.
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? Refer to Q&A §ll.24(a)—1
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.
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. Cincinnati.
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.
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. They can break the cycle of disinvestment and decline and pave the way to more equitable, inclusive, and resilient communities.
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.
At the very least, it has to be treated like a campaign,” said Michelle de la Uz, the executive director of the Fifth Avenue Committee, a Brooklyn-based communitydevelopment corporation that develops and manages affordable housing, referring to building new development.
We launched our podcast, Public Square, to highlight the transformative stories of local governments worldwide. One episode features an engaging discussion with Aja Hazelhoff from the City of Seattle, focusing on the crucial integration of equitable engagement into comprehensive planning.
In 2016, the government shuttered a large number of public schools across Puerto Rico, leaving hundreds of vacant school buildings as a result. In many disinvested communities, the people doing creative placemaking step up to be the responsible caretakers of a long-abandoned property needs—often before getting formal permission to do so.
Episode 66: CRA Tips: Revisiting the Fundamentals: The Most Overlooked CD Hook [link] In this episode, we’re taking a deeper dive into the economic development hook, which is often an overlooked aspect of communitydevelopment loans. government material) All rights reserved.
In the late days of December, Congress passed the final budget package for 2023, setting funding levels for every federal agency and grant program for the year and averting a government shutdown.
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