Coalition for Responsible Community Development, a Community Development Corporation and member, is partnering with LA Family Housing on the Residences on Main, bringing 50 new units of affordable, supportive housing to individuals experiencing chronic homelessness in South Los Angeles. Once, completed, the Residences on main will provide permanent homes for 25 chronically homeless Transition Age […]
CRDC Addressing Homelessness in South LA Read More »
MACED, a Community Development Corporation (CDC) in Kentucky and member of the Jobs and Communities initiative, was featured in the January 2019 issue of Fortune Magazine. Listen as Peter Hille, MACED’s president, describes his organization’s new energy interns program, which is revitalizing the Hazard community and providing hope to residents that there is life beyond
Surviving the Coal Industry Decline: New Economy Work in Appalachia Read More »
In December 2016, a report prepared by Rapoza Associates, a Washington DC based government relations firm, took a look at federal Community Economic Development (CED) grants. An analysis of both survey data and federal government reporting points to the success of federal CED grants, which are administered by the Department of Health and Human Services
On August 8th, 2016, U.S. Secretary of the Treasury Jack Lew visited Seward Community Cooperative Friendship Store, a grocery store in Minneapolis, Minnesota. The store, which is located in a low-income census tract and provides access to healthy, fresh foods, was financed in part by the New Markets Tax Credit (NMTC) and federal Community Economic Development
Midwest Minnesota CDC Grocery Store Project Visited by Treasury Secretary Read More »
The Pineville Community Hospital has provides healthcare services to southeastern Kentucky residents since 1938. The nonprofit hospital, which was in need of modernization and expansion to serve the needs of the community, received a $3.1 million USDA Business and Industry (B&I) Guarantee Loan through veteran Community Development Corporation, Kentucky Highlands Investment Corporation (KHIC). Through the
Kentucky Project Saves Over 300 Jobs and Facilitates Critical Health Services Read More »
Post written by Bob Rapoza A celebration of a retiring leader in the CDC community was held this week. My good friend, Ron Phillips, the founder and president of Coastal Enterprises, Inc. is retiring. While I was not able to attend Ron’s celebration in Maine, I knew it would be quite an event, and a
Leadership, Legacy and Cardboard Lobsters—Thank you Ron Phillips Read More »
VEDC, a long-standing member of the CDC community, announced that it is joining forces with JPMorgan Chaise to create a new lending program for African American-owned small businesses in New York City, Chicago and Los Angeles. VEDC released the following information on the program: The National African American Small Business Loan Fund will boost economic opportunity
VEDC Creates New Lending Program to Boost African American-Owned Small Businesses Read More »
Contact: Ayrianne Parks Telephone: 202.579.7445 Email: Ayrianne@Rapoza.org FOR IMMEDIATE RELEASE Report Shows Community Development Groups Create Jobs and Grow Local Economies A report released by Rapoza Associates shows 26 community development projects resulted in nearly 7,000 jobs in communities still plagued by high unemployment and poverty rates December 9, 2014—Washington, D.C.—Amidst federal funding
Report Shows Community Development Groups Create Jobs and Grow Local Economies Read More »
Chicanos Por La Causa President and CEO Edmundo Hidalgo has been named by Hispanic Business as one of the 50 Most Influentials for 2014. He was recognized for his work helping CPLC become one of the most influential community development corporations in the United States. Read his biography on Hispanic Business.
CPLC President Recognized For Community Development Work Read More »
On May 15, The National Journal highlighted the work of National Development Center (NDC), a nonprofit community development corporation headquartered in St. Paul, Minnesota that works in low-income, minority and immigrant communities around the Twin Cities. Established in 1993, NDC ‘s work hinges on the belief that residents, small businesses and neighborhood groups in all communities have
Neighborhood Development Center Lends Hand to Broke Entrepreneurs Read More »
