National Alliance of Community Economic Development Associations                      November 09, 2022

Federal News 

Celebrate the CED Program with Lawmakers & Grantees in DC
CED Banner
The Community Economic Development (CED) program has been an important source of federal funding for community development corporations (CDCs) for more than 30 years. CDCs use CED funds to create and expand businesses, finance facilities, and create jobs in low-income communities that are targeted for low-income individuals. Join NACEDA on November 29 in Washington, DC at The Madison Hotel to celebrate this vital program and ensure it can continue to help expand opportunities in low-income communities. View the agenda and speakers.

The participation of CDCs in this event will be a powerful message and signal to federal policymakers about the value of the CED program and encourage support for expanding resources. The celebration will include a luncheon, panel discussions, networking opportunities, and a reception to honor champions of the program. Register at no cost — in person or virtual. And, make sure to reserve your hotel room by Friday, November 11 for the discounted rate.


NACEDA Convenes Southern Members in Charleston

NACEDA's Southern Caucus Convening brought together 10 staff members from the South Florida Community Development Coalition, Florida Alliance for Community Solutions, Georgia Advancing Communities Together, Texas Association of Community Development Corporations, BLDG Memphis - Build. Live. Develop. Grow, and South Carolina Association for Community Economic Development (SCACED) in Charleston, South Carolina on October 24 – 25. Members discussed regional collaboration opportunities and joined peer-learning roundtables on resource development, capacity building, internal and external communications during this COVID era, and retaining engaged members.  

Southern Caucus

NACEDA thanks JPMorgan Chase & Co. for supporting our regional caucus convenings and SCACED for hosting their Southern peers at their Opportunity Center.

Register by Friday for the NACEDA Summit 
Our November 17 Summit focuses on capacity building. Join us to reimagine capacity building for the community development sector with funders and investors, learn how NACEDA members are structuring capacity-building programs for long-term impact, and explore how to make the capacity-building ecosystem more equitable. Don’t miss the last summit in our virtual summit series! It’s brought to you by TD Bank. Register Now.

Member News
Grant Partnership Supports Accessory Dwelling Units in California 

The California Community Economic Development Association (CCEDA) is partnering with the California Housing Finance Agency to help low- and moderate-income homeowners receive $40,000 grants to cover pre-construction costs for building accessory dwelling units (ADUs). Residents can apply for the grant directly through CCEDA. This partnership comes as California budgets $100 million in grant funding to encourage the construction of ADUs. Beyond the grants, those homeowners who require further financing towards the final project budget can access a second mortgage with CCEDA through pre-approved lenders.

“The lack of affordable housing has become the primary problem facing the State of California,” said Roberto Barragan, Executive Director at CCEDA. “Construction of ADUs provides the fastest immediate solution to that problem and helps low- and moderate-income homeowners create a valuable secondary income source.”

Partner News
Truist Offers $1,500 Scholarships to Virtual NDC Courses 

Truist is partnering with the National Development Council (NDC) to offer $1,500 scholarships to two virtual certification courses in early- to mid-December — Economic Development Finance and Rental Housing Development Finance. The standard tuition is $1,700.

Funding & Job Opportunities 

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