CRA Today

APRIL 21, 2025

Community development 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.

Community Development 40

Community Development Development Housing Sustainability 40

CRA Today

APRIL 10, 2024

Episode 77: CRA Tips: CDCs - Your Partners in Community Development [link] I recently walked a CRA officer through a potential loan transaction in partnership with a community development corporation, otherwise known as a CDC. Either way, these mission based organizations are great partners in community development.

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Community Development Development Economic Development Housing 52

CRA Today

APRIL 8, 2024

Episode 65: CRA Tips: Revisiting the Fundamentals: A Community Development Loan Primer [link] This episode will lay the foundation for community development loans as it relates to your CRA program. Community development loans must have a primary purpose of community development.

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Community Development Development Regulations Economic Development 52

CRA Today

APRIL 9, 2024

Marisa Calderon’s Bio and Experience Marisa Calderon is an experienced executive who is regularly recognized, awarded and cited nationwide for her expertise in the housing and financial services industries. Marisa Calderon is the executive director at NCRC Community Development Fund (NCRC CDF), a nonprofit, U.S.

Community Development 52

Community Development Development Housing Public Speaking 52

Community and Economic Development Program of UNC

DECEMBER 9, 2022

Housing costs and supply are dominating the news at the moment. Housing is the highest monthly bill typical Americans face, reaching an average of $1674 a month in 2021. Housing prices have increased far faster than incomes (Miller 2015), making affordable homeownership inaccessible for many aspiring homeowners (Hackett et al.

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Housing Local Government Community Development Laws 93

Iron Sharpens Iron

JANUARY 4, 2023

Chris Spahr, Executive Director of the Centennial Parkside Community Development Corporation , defines affordable housing as housing that can be made available to anyone and everyone no matter their economic status. What is affordable housing? And what is affordable housing? Well, great.

Community Development 40

Community Development Housing Development Engagement 40

The Stoop (NYU Furman Center)

NOVEMBER 28, 2023

Furman Center faculty directors Vicki Been, Ingrid Gould Ellen, and Kathy O’Regan recently released “ Supply Skepticism Revisited ”, highlighting the latest rigorous research that draws out the nuanced effects housing supply has on housing affordability. “We need all hands on deck producing all housing.”

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Housing Legislation Development Community Development 115

CRA Today

AUGUST 1, 2023

Community development 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.

Community Development 52

Community Development Development Housing Sustainability 52

CRA Today

APRIL 10, 2024

Episode 72: CRA Tips: Naturally Occurring Affordable Housing and CD Loans [link] Naturally occurring affordable housing (NOAH) are residential rental properties that are affordable, but unsubsidized by any federal program. The rents are relatively low compared to regional housing markets.

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Housing Community Development Development Government 52

Rebuilding Place in Urban Space

NOVEMBER 4, 2022

Arts and retail focused community development 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 community development corporations. Bias for action.

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Housing Development Community Development Implementation 52

CRA Today

APRIL 9, 2024

Episode 76: Beyond Bricks and Mortar: Rethinking Community Development 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.

Community Development 52

Community Development Development Campaign Public Administration 52

Community and Economic Development Program of UNC

OCTOBER 19, 2023

These two Banks are diving into issues such as housing affordability and the rural/urban divide in the Southeastern U.S. Beyond its many financial and economic responsibilities, one of the stated key functions of the system is to promote community development through the regional Federal Reserve Banks. Copyright: Public Domain.

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Housing Economic Development Community Development Development 90

Center for Community Progress

OCTOBER 7, 2024

Central to this strategy is advancing healthy, well-connected communities with ample access to high-quality employment opportunities, thriving small businesses, and of course, access to safe and affordable housing. That is why our team works to shift the narrative to change the way people and their families are housed.

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Housing Nonprofit Local Government Sustainability 98

Community and Economic Development Program of UNC

JULY 29, 2022

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. US Treasury revised ARPA SLFRF eligibility to allow loans for 20+ year restricted affordable housing for those earning 65% AMI or below.

Social Media 79

Social Media Economic Development Housing Community Development 79

Community and Economic Development Program of UNC

MAY 16, 2022

By most accounts, the need for affordable housing across North Carolina is massive. According to 2019 census data, over a million North Carolina households are “cost burdened,” meaning they spend more than 30% of their income on housing. What can local governments do to address the need for more affordable housing ?

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Local Government Housing Government Laws 40

Center for Community Progress

FEBRUARY 13, 2023

Two years ago, Missouri State House Representative Kevin Windham began asking questions to try to understand why there were so many vacant and abandoned properties in the communities he represented in suburban St. Louis County, Missouri. Who owned these properties? Why were they concentrated in majority Black neighborhoods?

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Legislation Advocacy Housing Nonprofit 105

Rebuilding Place in Urban Space

DECEMBER 11, 2024

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. Again, I think this is community building.

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Economic Development Housing Development Community Development 52

Center for Community Progress

MARCH 16, 2023

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. For example, land banks in New York are: Expanding the Production of Affordable Housing.

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Parks And Recreation Housing Legislation Stewardship 98

Center for Community Progress

MAY 25, 2023

On April 17, 2023, the Center for Community Progress submitted a response to the Federal Housing Administration (FHA)’s Request for Information (RFI) Regarding Rehabilitation Mortgages. The 203(k) program has the potential to be a vital community revitalization tool and homeownership opportunity for owner-occupant homebuyers.

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CRA Today

NOVEMBER 17, 2021

In this model, the various sources of capital are stacked on top of each other to enhance community development financing projects. All these layers together make a community development loan possible. Capital Stacks are critical to successful community development projects, such as affordable housing.

Community Development 52

Community Development Economic Development Housing Development 52

Center for Community Progress

MAY 2, 2023

The board said I’d be buying properties that were abandoned and tax delinquent and selling them to developers to turn into affordable housing. I got my start in local government in Memphis, Tennessee, which is where I developed my love of working with my community and driving generational wealth-building.

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Housing Development Community Development Outreach 98

Rebuilding Place in Urban Space

SEPTEMBER 27, 2023

The Douglass Community Land Trust in DC was created to ward off gentrification in Ward 8 that was predicted to occur as a response to the creation of the 11th Street Bridge Park connecting East and West of the Anacostia River. And that's my criticism of cities (and DC) and housing policy more generally. It will be a trek to get to.

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Housing Development Community Development Government 52

Center for Community Progress

JANUARY 26, 2023

We spoke with the Albany County Land Bank Corporation ’s Executive Director Adam Zaranko about affordable housing initiatives, the importance of diversified partnerships, and what’s coming up for the Land Bank in 2023. The program emerged from a National Technical Assistance Scholarship through the Center for Community Progress.

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Housing Development Community Development Security 85

CRA Today

APRIL 10, 2024

To qualify a community development service, it has to have a primary purpose of community development, be offered on behalf of the bank, and must be related to the provision of financial services. 12(i)–3: What are examples of community development services?

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Community Development Housing Development Education 52

Center for Community Progress

APRIL 6, 2023

By: Liz Kozub I got my start in transforming vacant properties in 2012 as an intern for the City of East McKeesport, Pennsylvania, a dense community of just over 2,000 residents with tremendous community pride. It got its start from two Council of Governments (COGs): the Steel Rivers COG and Turtle Creek Valley COG.

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Strategic Planning Housing Engagement Stewardship 105

Rebuilding Place in Urban Space

SEPTEMBER 29, 2022

Communities most at risk include Long Branch, Langley Park and Riverdale Park, study leaders said. The study came from the public-private Purple Line Corridor Coalition, a group composed of government officials, community activists, nonprofits, companies and academics. Poster board from the 2014 meetings.

Housing 52

Housing Community Development Development Nonprofit 52

The Stoop (NYU Furman Center)

MARCH 4, 2024

Introduction In November of last year, the Federal Housing Finance Agency (FHFA) published a report 1 (the Report) recommending reforms for the Federal Home Loan Bank (FHLB) System. That’s because both are government-sponsored enterprises (GSEs).

Legislation 93

Legislation Housing Regulations Operations 93

Community and Economic Development Program of UNC

JANUARY 17, 2023

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.

Economic Development 76

Economic Development Community Development Laws Development 76

Community and Economic Development Program of UNC

APRIL 18, 2023

Where and how is that local government money being invested? The answer can be found through The Local Government ARP Investment Tracker, created by a partnership between The National League of Cities, the National Association of Counties, and Brookings Metro, and updated yesterday (April 17, 2023). Public Space 12.5 Broadband 2.8

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Local Government Budgeting Public Transportation Transportation 78

CRA Today

DECEMBER 31, 2022

Maximize the Reporting of Community Development Activities; 2. Maximize the Reporting of Community Development Activities. Oftentimes, large (for CRA purposes) banks overlook transactions, such as loans and investments, that could qualify for consideration as community development activities.

Community Development 52

Community Development Development Economic Development Supervision 52

The Stoop (NYU Furman Center)

MARCH 11, 2024

Introduction The Federal Home Loan Bank (FHLB) System 1 is a relatively unknown but important part of America’s housing and financial system, with over $1 trillion in assets. It was established by Congress in 1932 and today consists of 11 regional FHLBanks that operate as one system, cross-guaranteeing each other’s debts.

Regulations 59

Regulations Housing Legislation Community Development 59

Center for Community Progress

JULY 29, 2024

It is the only national community development conference dedicated specifically to reusing “ blighted ” properties—what we call vacant, abandoned, and deteriorated (VAD) properties. When : October 9-11, 2024. There is an optional service project (a creative placemaking installation on a vacant lot) happening in the morning.

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Laws Constituents Public Sector Nonprofit 98

CRA Today

OCTOBER 20, 2021

Are you one of the 95 percent of banks that are underreporting community development loans under the Community Reinvestment Act (CRA)? SHOWNOTES: Community Development Loans Demystified with Krista Shonk, VP & Senior Counsel, Regulatory Compliance and Policy, Fair & Responsible Banking, ABA.

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Community Development Development Accountability Nonprofit 52

Center for Community Progress

AUGUST 10, 2023

Vacant lots are often viewed as pieces within larger systems, such as urban planning or community development, or overlooked entirely. Redefining vacant land as a system also highlights the importance of engaging stakeholders in achieving community development goals.

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Stewardship Transportation Community Development Urban Planning 52

California Department of Technology

SEPTEMBER 27, 2023

Since 2021, Monica has served as Deputy Director of Communications at the California Department of Housing and Community Development (HCD). Her first day at CDT will be October 6.

Communications 40

Communications Community Development Housing Development 40

NLC (National League of Cities)

JANUARY 13, 2023

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.

Budgeting 109

Budgeting Government Community Development Housing 109

Center for Community Progress

FEBRUARY 27, 2024

Across the country, small and rural communities grapple with economic challenges and an aging housing stock that leads to similar outcomes: a flood of VAD properties that threaten the health, safety, and resilience of these residents. Bennett has served as the Executive Director of WVLSC since 2021.

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Stewardship Legislation Advocacy Parks And Recreation 98