National Alliance of Community Economic Development Associations                    November 30, 2021

Federal News
Urge Your Senators to Support the Build Back Better Act

The House of Representatives approved the Build Back Better Act with all housing and community development funding intact. The $1.75 trillion legislation includes significant priorities for the NACEDA network, including $9.9 billion for HOME Investment Partnerships Program, $3 billion for the Community Restoration and Revitalization Fund, and the Neighborhood Homes Investment Act, which provides a new federal tax credit to support the construction and rehabilitation of single-family, owner-occupied homes in distressed communities. The Senate is now considering the Build Back Better Act. Changes to the bill’s provisions are expected. Senate leadership is trying to pass the Build Back Better Act by Christmas Recess.

Take Action Today! Contact your Senators and mobilize your networks to get this landmark legislation passed:
  • Voice your support for the Build Back Better bill, noting the importance of preserving $150 billion in housing and community development investments.
  • Urge people in your professional and personal networks to call their Senators to support the Build Back Better bill.

Webinar on Federal Funding for Creative Placemaking Projects

The webinar Federal Resources, Creative Community Development and HUD’s Section 108 Loan Guarantee Program is designed to help you access federal funds and harness the power of the arts and culture to achieve your community development goals. The National Assembly of State Arts Agencies (NASAA) and HUD Office of Community Planning Section 108 Loan Guarantee Program are collaborating to present this webinar. It features NASAA’s Creative Placemaking Public Resources Guide, highlights how HUD’s Section 108 Loan Guarantee Program has enabled creative placemaking projects and tells the story of Crosstown Concourse in Memphis. Register for the webinar to learn more on December 9 from 3–4 pm Eastern. 

NACEDA Supports OCC Proposal to Rescind Their 2020 CRA Rule

NACEDA submitted a comment letter in October to the Office of the Comptroller of the Currency (OCC) on their proposal to rescind their own 2020 rule regarding the Community Reinvestment Act (CRA). NACEDA's letter reminds regulators why we originally opposed the rule and offers ideas for a community-minded CRA modernization process.

This Friday, December 3, NACEDA Executive Director Frank Woodruff will provide a briefing on the Community Reinvestment Act to the Housing and Community Network of New Jersey's Member Monthly Friday Discussion. Contact NACEDA if you are a NACEDA’s member association to offer this CRA briefing to your members, or become a Member so your organization can take advantage of opportunities like this. 

Member News 
Meet SFCD Coalition's New Executive Director, Maybelyn Rodriguez Laureano 

May headshotMaybelyn Rodriguez Laureano joined the South Florida Community Development Coalition (SFCD Coalition) as Executive Director in September. Previously, she was Director of Philanthropy for Florida Rising, an independent organization working to build the political power of historically-marginalized communities. A NACEDA member, SFCD Coalition serves as a regional intermediary between public, private, and nonprofit entities, fostering strategic alignment and collaborative engagement. SFCD Coalition promotes policies that advance equity, accessibility, and prosperity for all — particularly low- and moderate-income residents across Miami-Dade, Broward, and Palm Beach counties. “As the Executive Director for the SFCD Coalition, I hope to amplify and expand the legacy and visibility of comprehensive community development throughout South Florida through racial equity,” said Laureano. Read her bio to learn more about Laureano. 

Funding & Job Opportunities

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