Take a look at a few July events that are funded in part by McKinney Community Development Corporation. Shopping in McKinney generates a one-half cent sales tax that is used to fund community projects and support events. Spend it here. Keep it here.
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💙 $1.5 million on grants in 2022 ❤️ $43.5 million in Community Development loans And that's just the beginning. Read all about how Liberty is working to build stronger communities. Get the full 2022 Impact Report at https://lnkd.in/gdcUwu5e. #BeCommunityKind
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Looking to apply for Community Development Block Grant or CDBG funding? 💰 Check out this session from the Virginia Department of Housing and Community Development (DHCD) for helpful information on submitting competitive grant applications. The presentation will highlight program details and changes while providing application guidance. ➡️ 2024 CDBG How to Apply (HTA) 📅 Wednesday, April 24 ⏰ 1:00 – 3:00 pm ET 💻 Register: https://lnkd.in/epetCv5G A recording of the presentation will also be available online. #CDBG #CDBGapplication #DHCD #VirginiaDHCD #communitydevelopment #grant #grantprograms #blockgrant #CommunityDevelopmentBlockGrant
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Curious what kind of word CDBG does? Check out this update from Dallas, TX on their community impact! Their Five-Year Consolidated Plan is a comprehensive document that outlines the City’s Housing market conditions, identifies the need for affordable housing and community development, and provides strategies to address these needs over a 5-year period. This plan coordinates the City’s housing and economic development plans with other public, private and nonprofit service providers to create a coordinated vision for community development and housing actions. The goals and outcomes of this plan were to provide decent and affordable housing, create and maintain a suitable living environment, and expand economic activity. The City of Dallas has reported that 138,915 residents have benefited from public facility improvements, 2,342 affordable housing units have been developed, and 117 homes have been rehabilitated. Check out their community impact to read more about the work they’ve done: https://lnkd.in/grhsGtUp
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Short notice but here's an opportunity to learn about the upcoming changes to the Community Reinvestment Act (CRA) and what community development, affordable housing, fair housing groups and their local public sector partners should expect as the rules begin shaping banks’ CRA-qualifying activities even before they technically go into effect in 2026. https://lnkd.in/g-jbbHMn #communitydevelopment
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🌟 Meet Our Neighbor: The City of Columbia, MO! 🌟 Columbia’s Community Development Department allocates $1.4M annually in federal CDBG/HOME funds to support housing, infrastructure, and economic development for low to moderate-income households. Before becoming our Neighbor, they were having trouble staying compliant and ensuring transparency in reporting as their programs expanded. With Neighborly Software, they efficiently manage intake, compliance, reporting, funding, and loan activities in one comprehensive solution. This has reduced staff audit prep time by 20% and provided real-time visibility into program spending and results: https://hubs.la/Q02DCf_n0
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Innovative affordable housing initiatives from faith-based organizations are increasingly popping up across the country. Baker Tilly's Ethan Tabakin and Don Bernards shed light on this trend and share more about their work with St. John's in Wisconsin, where deteriorating churches are being transformed into affordable housing units. Read more about how these projects are shaping community development in an article with The Bond Buyer: https://bit.ly/3x5G8VP #AffordableHousing
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Our recent work involves exploring new and adaptive reuses of faith-based institutions. This story explores some of the challenges and opportunities of transitioning church properties. Churches can respond to community needs and local planning goals through the development and programming of their properties, including affordable housing, social services, and valued public spaces. However, as churches pivot to non-religious activities, they face new procedures, regulatory obligations, and public scrutiny. Cities that plan ahead can ensure that church property transitions successfully navigate evolving church service missions, planning procedures, and neighborhood impacts while making the most of community development opportunities. Article: https://lnkd.in/g8SmNfTs Free article link: https://archive.is/RnXs8 #InterestingRead #realestate #planning
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Grant $$ available to Maryland Small Business Owners! Through $10 million in small business and community development grants, the Maryland Department of Housing and Community Development plans to target investments to activate vacant spaces in business corridors and support small businesses with start up or expansion funds while creating jobs and increasing local economic activity. There are two paths that the grant funding can be accessed: economic development entities can apply for Project Restore 2.0, which will incentivize commercial investment in downtowns, Main Streets and other business districts by providing funding for entities to subgrant to businesses. Or eligible new and expanding small businesses in designated Sustainable Communities can apply for funding directly through Business Boost. https://lnkd.in/e-AYvsMX
Community Development
dhcd.maryland.gov
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What is CDBG, and who does it benefit? 💭 The Community Development Block Grant (CDBG) is a grant program administered by the U.S. Department of Housing and Urban Development that provides resources to state and local governments and their local partners to fund a wide range of community development projects, principally for low-and moderate-income people. Most funds are dedicated to a mixture of large, mid-size and somewhat smaller localities (70%) while states receive remaining funds (30%) to serve rural communities. CDBG program funds can be used for a host of activities that include: ✅ Infrastructure (public facilities and improvements) ✅ Affordable housing ✅ Economic development ✅ Public services Each activity must meet one of three national objectives: Benefit low-and moderate-income people Address urgent health and safety needs in the community Eliminate slums and blight Head to our website to learn more about CDBG and the NCDA: https://ncdaonline.org/
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The City of Bloomington's 2024 Community Development Block Grant (CDBG) Annual Action Plan is available for public review! Planned spending makes critical investments in housing, infrastructure, social services, and much more. This year's planned investments from CDBG funding include... -Nearly $400,000 in affordable housing preservation 🏠 -Over $80,000 for financial services, services for unhoused community members, and neighborhood revitalization 🏘 -Almost $100,000 in sidewalk improvements ♿ -Over $50,000 in public housing modernizations 🏗 - $16,000 in fair housing activities ⚖ -Over $30,000 for community planning 🗂 You can see the entire draft plan here: https://lnkd.in/gAGuuYxg
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