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NACEDA 2007 News Archive

A happy family with their new home

News items for 2007 are archived here with summaries and  links to the relevant reports, letters, press releases for each item. Present news items will be found on our news/ press page.

For media inquiries please contact:  Jane DeMarines at 703-741-0144.

NACEDA Elects New Officers, Celebrates New Members
The only national organization representing community economic development corporations (CDCs) across the country elected new officers at a July meeting in Chicago. NACEDA also celebrated the addition of 10 new members since February. NACEDA's members represent more than 1,200 CDCs nationally. Read our press release for details.

This publication of the National Housing Institute offers CDCs, local officials, and other stakeholders, including local institutional, business, and community leaders, a new way to look at how they can manage neighborhood change in order to bring about sustainable and equitable revitalization. The neighborhood change model and strategic toolkit includes a powerpoint presentation.

NCRC Finds Income no Shield Against Racial Differences in Lending
A National Community Reinvestment Coalition (NCRC) study reveals that Middle or upper income status does not shield minorities from receiving dangerous high-cost loans. You may examine the complete study report (75 pg pdf) or a shorter press release.

NACEDA Survey Shows Foreclosure Rates Rising
Members Key Participants in Initiatives to Help
Increasing foreclosures are fast-becoming the number one problem facing community development associations, with mortgage fraud, questionable lending practices and job loss all contributing, a new NACEDA survey shows. Community development associations are key participants in state level initiatives designed to help families save their homes. You may examine the full press release.

NACEDA Signs Onto Important Policy Letters
NACEDA is joining sister organizations in two important policy letters, one supporting restoration of HOME Investment Partnerships funding and the second supporting legislation to correct the Regulatory Relief Act. You may read the full text of these letters.

NACEDA supports the launch of the Housing America Campaign
NACEDA and its 1200 local community development corporation members support the launch of the Housing America Campaign. “We are pleased to join this campaign, as there is an urgent need in this country for more affordable housing in communities of all types - urban, suburban and rural.” More details here.

NACEDA Launched March 12th in Washington DC, Executive Director Introduced
"We are pleased to once again have an organized voice representing grassroots Community Development Corporations (CDCs) in our nation's capital." More details here.



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