Remove Economic Development Remove Housing Remove Regulations
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CED and Affordable Housing: How Does Manufactured Housing Fit In?

Community and Economic Development Program of UNC

Housing is a basic issue for anyone interested in CED. Behind the headline are a host of issues that both foster hope in how to address affordable housing needs and the realization of the many steps it may take to get there. Manufactured homes are a statewide feature of North Carolina – we have more than almost any other state.

Housing 83
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Local Conduit Issuances of Affordable Housing Bonds in North Carolina: The Basics

Community and Economic Development Program of UNC

North Carolina suffers from a lack of affordable housing options for low and moderate income households. In a May 2022 post , Tyler outlined many of the ways in which North Carolina’s local governments can aid the development of privately owned affordable housing.

Housing 63
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What @sog_ced is reading online: May 2022

Community and Economic Development Program of UNC

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. Other CED Items: How will federal regulators encourage banks to make more loans in underserved areas? Chapel Hill example offered: bit.ly/3wfvUO6.

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Episode 65: CRA Tips: Revisiting the Fundamentals: A Community Development Loan Primer

CRA Today

Within this resource, the primary purpose of community development is defined as follows: Under the CRA, community development activities Support affordable housing for low- or moderate-income (LMI) individuals, including multifamily rental housing. Target community services for LMI individuals.

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Part of a Small CRA Team? Here’s How to Get the Help You Need

CRA Today

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. The Community Reinvestment Act defines a community development loan is defined ( 12 CFR 25.12(h) Community development is defined as ( 12 CFR 25.12(g)

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Finish Strong, as published in ABA Bank Compliance

CRA Today

In any case, most banks will have at least one more CRA examination before the new finalized regulations are implemented, and it’s important to put the bank ’ s best face forward. These help lenders identify qualifying community development transactions. Small banks by comparison may see little impact. How Do You Prepare?

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Driving Impact and Building Trust: The Power of Collaboration Between Compliance Professionals and Lenders in Community Development Lending

CRA Today

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. The Community Reinvestment Act defines a community development loan is defined ( 12 CFR 25.12(h) Community development is defined as ( 12 CFR 25.12(g)