NACEDA Policy

Policy items for 2009 and earlier are found in our policy archives.

Successful CDBG/HOME Practices: Consolidated Plan Comments – Click here to see the comments and input of CDBG/HOME Task Force members on their state and city Consolidated Plans.

Policy Statements and Issues:

NACEDA Submits Comments to HUD Regarding Sustainable Communities Grant Program. (March 12, 2010)

NACEDA Joins Coalition for Housing and Community Development Funding in Request for Adequate FY11 Congressional Budget Funding Level. (March 2, 2010)

NACEDA comments on the proposed rule of the Federal Housing Administration (FHA) regarding measures to strengthen risk management with regard to its FHA-approved lenders. (Dec. 30, 2009)

NACEDA Policy Updates:
Vol. 4 No. 15: August 9, 2010
Vol. 4 No. 14: July 26, 2010
Vol. 4 No. 13: June 28, 2010
Vol. 4 No. 12: June 14, 2010
Vol. 4 No. 11: May 31, 2010
Vol. 4 No. 10: May 17, 2010
Vol. 4 No. 9: May 3, 2010
Vol. 4 No. 8: April 19, 2010
Vol. 4 No. 7: April 5, 2010
Vol. 4 No. 6: March 22, 2010
Vol. 4 No. 5: March 8, 2010
Vol. 4 No. 4: February 22, 2010
Vol. 4 No. 3: February 8, 2010
Vol. 4 No. 2: January 25, 2010
Vol. 4 No. 1: January 11, 2010
2007 Policy Updates Archive
2008 Policy Updates Archive
2009 Policy Updates Archive

NACEDA Policy Agenda Summary March 2010:
Community Development Corporations (CDCs) - Supporting Core Capacity Needs

• Community Development Corporations (CDCs) are on the front lines of the economic crisis. NACEDA seeks immediate relief to help CDCs weather the financial crisis and expand service capacity. Current and future legislation should provide support for CDC infrastructure.
• NACEDA supports much of the President’s FY 2011 Budget which sustains community development programs in the development and stabilization of sustainable communities and neighborhoods across America.

National Housing Trust Fund (NHTF)

• NACEDA applauds passage of the National Housing Trust Fund legislation in the 110th Congress.
• NACEDA strongly supports the Administration’s budget proposal providing $1 billion for NHTF.
• NHTF is an invaluable investment in stabilizing the lives of low-income Americans. NACEDA members have seen Housing Trust Funds work at the state and local level and stand ready to support robust funding for the National Housing Trust Fund.

Community Reinvestment Act (CRA)

• NACEDA supports the Community Reinvestment Modernization Act of 2009, which would apply CRA more broadly throughout the financial services industry including independent mortgage companies that originated the majority of subprime loans, penalize financial institutions that engage in predatory and abusive lending practices, and enhance accountability by linking the Home Mortgage Disclosure Act to a new loan performance database tracking foreclosures and loan modifications.
• NACEDA supports anti-predatory lending efforts and legislation, and NACEDA acknowledges that institutions NOT covered by CRA made the vast majority of subprime loans.

Community Development Block Grant (CDBG)

• NACEDA supports continued funding of the CDBG program.
• CDBG provides a flexible funding base for infrastructure and related programs essential to community development efforts. Reductions in CDBG funding have a negative impact across communities of all sizes.

• NACEDA supports full funding for the HOME program, which has decreased since its peak in FY 2004 at $2 billion.
• HOME is a key funding factor for affordable housing production in many of the nation’s communities.

• NACEDA supports continued funding from both HUD and the USDA in the revitalization and economic viability of Rural Community Development.
• NACEDA supports funding for rental assistance and promotes the USDA’s focus on further developing alternative markets to improve infrastructure in rural America.

Contact NACEDA for additional information.