National Alliance of Community Economic Development Associations      August 31, 2021

Federal News 

House Approved $339 Billion in Housing & Community Development Investments
The House approved a budget resolution on August 24, setting the stage for a $3.5 trillion infrastructure and economic recovery package. The House budget resolution includes $339 billion in investments in community development and affordable housing. A May 26 White House fact sheet on the American Jobs Plan details the goals for that funding. They include:

  • $35 billion for the HOME program, an historic level of flexible investment addressing local housing and homeownership needs;
  • $20 billion for a new federal tax credit, based on the Neighborhood Homes Investment Act (H.R. 2143/S. 98), to support new construction or substantial rehabilitation of single-family owner-occupied homes in distressed communities;
  • $10 billion for a newly proposed Community Revitalization Fund to support community-led redevelopment investments to restore vacant buildings for social services and community entrepreneurs, provide shared amenities, upgrade access to natural areas, remove toxic waste, build new parks, greenways and community parks;
  • $5 billion for an incentive program to encourage the removal of exclusionary zoning and harmful land use policies;
  • $2 billion for a new Community Development Block Grant program for resiliency investments in low- and moderate-income communities vulnerable to climate change.

NACEDA enthusiastically endorses these investments and continues to push for set-asides and other preferences for community-based organizations. Their targeted inclusion helps ensure these resources are deployed equitably to the hardest-to-reach people and places. 

Biden Administration Addresses Slow ERA Spending
The Treasury Secretary, Attorney General, and HUD Secretary sent an August 26 letter to governors, mayors and state courts urging use of Emergency Rental Assistance (ERA) over eviction. The Treasury Department announced new policies to reduce ERA processing delays by providing more explicit permission for grantees to rely on applicant’s self-certification without further documentation. As of July 31, state and local governments had disbursed just over 10 percent of the $46.5 billion in rental assistance authorized by Congress from December, Treasury Reported.

NACEDA members Bambie Hayes Brown of Georgia Advancing Communities Together and Andreanecia Morris of Housing Louisiana and Housing NOLA are quoted extensively in yesterday’s Politico article, ‘Nobody is this incompetent’: Rental aid slowdown puts target on governors, mayors. The NACEDA Summit will include sessions on implementing the American Recovery Plan and state and local advocacy.


NACEDA Summit and Resilient Communities header
Register for this 2-in-1 Virtual Event
How can community developers advance an equitable recovery? The NACEDA Summit explores the work of state and regional associations, taking a strong peer-learning approach. The Resilient Communities Forum weaves together nine state housing and community development conferences. Together we’re raising up what works in communities across the country and providing a national perspective. Watch our video invitation

When you register, you also get full access to the Resilient Communities Forum as well as the NACEDA Summit. Learn more and register. The Summit is possible thanks to the support of Citi, JPMorgan Chase, TD Bank, NeighborWorks America, Fifth Third Bank, and LISC.

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Member News

Meet Our New Member — Cleveland Neighborhood Progress
Cleveland Neighborhood Progress is a funding intermediary with thirty years of experience investing in community revitalization. Their mission is to foster inclusive communities of choice and opportunity throughout greater Cleveland. “Cleveland Neighborhood Progress believes that advancing policies like the Neighborhood Homes Investment Act, re-envisioning how CRA agreements can spark investment, and empowering community development organizations can deliver transformational change for Cleveland neighborhoods,” stated Tania Menesse, CEO & President. “That work requires partnerships at the local, state, and federal levels, and that is why Cleveland Neighborhood Progress is excited to join NACEDA. We want to strengthen Cleveland's community development ecosystem by sharing this network's information and opportunities, and we look forward to sharing our expertise and experiences with this national network.”

Tania Menesse, CEO & President Cleveland Neighborhood Progress

Tania Menesse, CEO & President
Cleveland Neighborhood Progress

Funding & Job Opportunities

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