Download or read book The Community Development Financial Institutions Fund written by Andre L. Wright and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As communities face a variety of economic challenges, some are looking to local banks and financial institutions for solutions that address the specific development needs of low-income and distressed communities. Community development financial institutions (CDFIs) provide financial products and services, such as mortgage financing for homebuyers and not-for-profit developers, underwriting and risk capital for community facilities; technical assistance; and commercial loans and investments to small, start-up, or expanding businesses. CDFIs include regulated institutions, such as community development banks and credit unions, and non-regulated institutions, such as loan and venture capital funds. This book describes the Fund's history, current appropriations, and each of its programmes.

Download or read book Democratizing Finance written by Clifford N. Rosenthal and published by FriesenPress. This book was released on 2018 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decades before Occupy Wall Street challenged the American financial system, activists began organizing alternatives to provide capital to “unbankable” communities and the poor. With roots in the civil rights, anti-poverty, and other progressive movements, they brought little training in finance. They formed nonprofit loan funds, credit unions, and even a new bank—organizations that by 1992 became known as “community development financial institutions,” or CDFIs. By melding their vision with that of President Clinton, CDFIs grew from church basements and kitchen tables to number more than 1,000 institutions with billions of dollars of capital. They have helped transform community development by providing credit and financial services across the United States, from inner cities to Native American reservations. Democratizing Finance traces the roots of community development finance over two centuries, a history that runs from Benjamin Franklin, through an ill-starred bank for African American veterans of the Civil War, the birth of the credit union movement, and the War on Poverty. Drawn from hundreds of interviews with CDFI leaders, presidential archives, and congressional testimony, Democratizing Finance provides an insider view of an extraordinary public policy success. Democratizing Finance is a unique resource for practitioners, policymakers, researchers, and social investors.

Download or read book Community Development Financial Institutions CDFI Fund Programs and Policy Issues written by Sean Lowry and published by Createspace Independent Pub. This book was released on 2012-10-20 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: As communities face a variety of economic challenges, some are looking to local banks and financial institutions for solutions that address the specific development needs of low-income and distressed communities. Community development financial institutions (CDFIs) provide financial products and services, such as mortgage financing for homebuyers and not-for-profit developers, underwriting and risk capital for community facilities; technical assistance; and commercial loans and investments to small, start-up, or expanding businesses. CDFIs include regulated institutions, such as community development banks and credit unions, and non-regulated institutions, such as loan and venture capital funds. The Community Development Financial Institutions Fund (the Fund), an agency within the Department of the Treasury, administers several programs that encourage the role of CDFIs, and similar organizations, in community development. Nearly 1,000 financial institutions located throughout all 50 states are eligible for the Fund's programs to provide financial and technical assistance to meet the needs of businesses, homebuyers, community developers, and investors in distressed communities. In addition, the Fund allocates the New Markets Tax Credit to more than 5,000 eligible investment vehicles in low-income communities (LICs). This report begins by describing the Fund's history, current appropriations, and each of its programs. A description of the Fund's process of certifying certain financial institutions to be eligible for the Fund's program awards follows. The next section provides an overview of each program's purpose, use of award proceeds, eligibility criteria, and relevant issues for Congress. The final section analyzes four policy considerations of congressional interest, regarding the Fund and the effective use of federal resources to promote economic development. First, it analyzes the debate on targeting development assistance toward particular geographic areas or low-income individuals generally. Prior research indicates that geographically targeted assistance, like the Fund's programs, may increase economic activity in the targeted place or area. However, this increase may be due to a shift in activity from an area not eligible for assistance. Second, it analyzes the debate over targeting economic development policies toward labor or capital. The Fund's programs primarily rely on the latter, such as encouraging lending to small businesses, rather than targeting labor, such as wage subsidies. Research indicates the benefits of policies that reduce capital costs in a targeted place may not be passed on to local laborers, in the form of higher wages or increased employment. Third, it examines whether the Fund plays a unique role in promoting economic development, or if it duplicates, compliments, or competes with the goals and activities of other federal, state, and local programs. Although CDFIs are eligible for other federal assistance programs and other agencies have a similar mission as the Fund, the Fund's programs have a particular emphasis on encouraging private investment and building the capacity of private financial entities to enhance local economic development Fourth, it examines assessments of the Fund's management. Some argue that the Fund's programs are not managed in an effective manner and are not held to appropriate performance measures. Others argue that the Fund is fulfilling its mission and achieving its performance measures.

Download or read book Community Development Block Grant Program Entitlement written by Denver (Colo.). Community Development Administration and published by . This book was released on 1976 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Community Development Block Grants written by and published by . This book was released on 1980 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book State Community Development Block Grant Program written by and published by HUD. This book was released on 2002 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Aid to States for Fiscal Year written by and published by . This book was released on 2000 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Application for Federal Funding Community Development Funding written by Chattanooga Office of Community Development and published by . This book was released on 1980 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Community Programs to Promote Youth Development written by Institute of Medicine and published by National Academies Press. This book was released on 2002-02-12 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: After-school programs, scout groups, community service activities, religious youth groups, and other community-based activities have long been thought to play a key role in the lives of adolescents. But what do we know about the role of such programs for today's adolescents? How can we ensure that programs are designed to successfully meet young people's developmental needs and help them become healthy, happy, and productive adults? Community Programs to Promote Youth Development explores these questions, focusing on essential elements of adolescent well-being and healthy development. It offers recommendations for policy, practice, and research to ensure that programs are well designed to meet young people's developmental needs. The book also discusses the features of programs that can contribute to a successful transition from adolescence to adulthood. It examines what we know about the current landscape of youth development programs for America's youth, as well as how these programs are meeting their diverse needs. Recognizing the importance of adolescence as a period of transition to adulthood, Community Programs to Promote Youth Development offers authoritative guidance to policy makers, practitioners, researchers, and other key stakeholders on the role of youth development programs to promote the healthy development and well-being of the nation's youth.

Download or read book Federal Funding and Community Development written by Eileen A. Robertson-Rehberg and published by . This book was released on 2002 with total page 808 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Community focused Assistance and Development written by Theodore McLaughlin and published by . This book was released on 2016 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Community Services Block Grants (CSBG) provide federal funds to states, territories, and tribes for distribution to local agencies to support a wide range of community-based activities to reduce poverty. Smaller related programs--Community Economic Development (CED), Rural Community Facilities (RCF), and Individual Development Accounts (IDAs)--also support antipoverty efforts. CSBG and some of these related activities trace their roots to the War on Poverty, launched more than 50 years ago in 1964. Today, they are administered at the federal level by the Department of Health and Human Services (HHS). This book provides information on the CSBG; describes several smaller related programs that are administered by the same federal office that currently oversees the CSBG; discusses a proposal pending in Congress to reauthorize CSBG and related activities; summarizes a new "Upward Mobility Project" initiative of the Obama Administration; and discusses current and recent funding activities affecting the CSBG. Furthermore, this book describes the Community Development Financial Institutions Fund's (CDFI Fund) history, current appropriations, and each of its programs; and informs the congressional debate concerning the Community Reinvestment Act's (CRA) effectiveness in incentivizing bank lending and investment activity to low- and moderate-income (LMI) borrowers.

Download or read book Flexible Federal Funding written by United States. Congress. House. Committee on Financial Services. Subcommittee on Housing, Community Development, and Insurance and published by . This book was released on 2021 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Aid to Chicago written by Charles J. Orlebeke and published by Brookings Institution Press. This book was released on 1983 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Community Development written by United States. Advisory Commission on Intergovernmental Relations and published by . This book was released on 1977 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Community Development Training and Urban Information and Technical Assistance written by United States. Dept. of Housing and Urban Development. Office of Intergovernmental Relations and Planning Assistance and published by . This book was released on 1968 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Community Development written by Stanley J. Czerwinski and published by DIANE Publishing. This book was released on 2001-07 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Faced with a projected 50% increase in the U.S. population in the next 50 years, communities across the nation must address the challenges of planning for and managing growth. Concerned about how Fed. programs and policies affect the ability of state and local governments to plan for and manage growth, this report identifies: growth-related challenges facing local communities; tools and techniques that state and local governments are using to help plan for and manage growth in their communities; and Fed. programs and policies that state and local governments serve as barriers or aids in their efforts to plan more effectively for and manage growth. Covers 5 metro areas and 2,000 city and county governments.

Download or read book Asset Building Community Development written by Gary Paul Green and published by SAGE Publications. This book was released on 2015-04-01 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive approach focused on sustainable change Asset Building and Community Development, Fourth Edition examines the promise and limits of community development by showing students and practitioners how asset-based developments can improve the sustainability and quality of life. Authors Gary Paul Green and Anna Haines provide an engaging, thought-provoking, and comprehensive approach to asset building by focusing on the role of different forms of community capital in the development process. Updated throughout, this edition explores how communities are building on their key assets—physical, human, social, financial, environmental, political, and cultural capital— to generate positive change. With a focus on community outcomes, the authors illustrate how development controlled by community-based organizations provides a better match between assets and the needs of the community.