NACEDA Newsroom

The National Alliance of Community Economic Development Associations (NACEDA) serves Community Economic Development Associations or nonprofit corporations that develop:

• Affordable housing,
• Create economic opportunity for distressed communities,
• Empower low-income people to create positive change in their lives, and
• Provide social services.

Local associations provide many direct services to their members, including:

• State policy work,
• Training,
• Technical assistance,
• Peer support and
• Capacity building programs, and
• Research.

NACEDA is happy to answer any media questions and provide information about the community development field. Please see media contact information below. NACEDA also publishes Policy Updates every 2 weeks with news and funding opportunities.

Media Contact Information

Jane DeMarines, Executive Director NACEDA HQ: 703-741-0144 Cell: 202-997-8785 Email: jdemarines@naceda.org	Kim Hayes, Communications Coordinator NACEDA HQ: 703-741-0144 or 301-585-1143 Email: khayes@naceda.org
To Request a media packet please Email: khayes@naceda.org For more information about NACEDA, please click here. For more information on the CDC field, please click here.

NACEDA Related News Items // Press Releases

Older NACEDA related news items and press releases have been archived to our 2007 news archives. They will be removed from here shortly. More recent news items follow:

This NOFA is now online at http://grants.gov. For a summary of the grants available and deadlines click here.

From Community Development Digest (4/7/08) - The Nat'l Alliance of Community Economic Development Associations (NACEDA) went to Capitol Hill last week seeking funding increases for community development-related programs, including the Community Development Block Grant (CDBG) and the HOME Improvement.
Read the full article for details. (paid subscription required).

From MortgageMag News (4/7/08) - The Chairwoman of the House Housing & Opportunity Subcommittee announced two targeted and pragmatic pieces of legislation today at a National Policy and Capacity Building Conference on Capitol Hill before members of the National Alliance of Community Economic Development Associations (NACEDA), whose members are integral facilitators in solving the country’s foreclosure crisis.
Read the full article for details.

Washington, DC – April 15, 2008 – HANDS, Inc, a local CDC in New Jersey, with an innovative program to “bank” vacant properties that then can be rehabbed and used for the public good, is fighting against the blight of foreclosed vacant properties in several counties in the state.
Read the full press release for details.

From Community Wealth Blog - NACEDA 2nd Annual Summit and Policy Conference, March-April 2008
The National Alliance of Community Economic Development Associations (NACEDA) held its second annual public policy forum on March 31-April 2, 2008, in Washington, D.C. Formed in 2007, NACEDA brings together leaders of state community economic development associations to represent the interests of community development corporations (CDCs) at the national level.
Read the full article for details.

Washington, DC – April 2, 2008 – The Chairwoman of the House Housing & Opportunity Subcommittee announced two targeted and pragmatic pieces of legislation today at a National Policy and Capacity Building Conference on Capitol Hill before members of the National Alliance of Community Economic Development Associations (NACEDA), whose members are integral facilitators in solving the country’s foreclosure crisis.
Read the full press release for details.

With 1 million people nationwide in foreclosure, and 2 million anticipated, vacant properties rising, and 5 million more people entering into poverty, the time is here to gather in Washington and speak about these dangerous trends. The NACEDA 2nd annual Capacity Building and Policy Summit starting today is that venue.
Read the full press release for details.

Projects are being canceled because some of the nation's largest financial companies, including Fannie Mae, Freddie Mac and Bank of America, have scaled back their participation in the federal government's largest and most prolific affordable housing tax-credit program, designed to boost construction of below-market-rent apartments. Read the full article for details.

The National Alliance of Community Economic Development Associations (NACEDA) aims to strengthen the CED field by advocating at the federal level for programs that bring jobs, affordable housing and economic development to low-income communities. Read the full media alert for details.

February 19, 2008 - The new bill has many positive initiatives to address the staggering increase in foreclosure rates in low-income communities, which have been unduly affected by this national epidemic. However some tweaks are still needed in this important legislation. S.2636 would provide $4 billion in Community Development Block Grant (CDBG) funds for purchase and rehab of foreclosed properties. Read the full press release for details.

January 17, 2008 - "The foreclosure crisis is a big part of the reason that our economy is struggling so we think the stimulus bill should help address this issue. We need to stop foreclosures whenever possible, but when they do occur we need to make sure that those properties are purchased by responsible parties who will maintain them and keep the neighborhood stable. Read the full press release for details.

While the federal government is making a significant effort to curb the devastating impact of predatory and other deceptive mortgage lending practices, new proposed regulations do not go nearly far enough to protect the most at-risk borrowers, those with low-and moderate incomes. NACEDA would like to see the regulations ban prepayment penalties, require escrows on sub-prime loans and increase liability for the secondary market. Read our public statement for details.

Without a federal solution to the staggering foreclosure problem, states, at the urging of community development groups, are taking action and passing foreclosure-prevention legislation, according to a national group (that would be NACEDA) representing local organizations that work with low and moderate-income populations. Read our press release for details.

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.