Category: community development

What Proposed Changes to the Community Reinvestment Act (CRA) Could Mean for Memphis CDCs

  Proposed changes to the Community Reinvestment Act (CRA) could divert billions of dollars from low- and moderate-income communities. Currently, banks meet their CRA requirements by providing capital for affordable housing, small businesses and economic development in low- and moderate-income neighborhoods. By relaxing standards for the types of investments that qualify for CRA credit, the proposed rules would open the door to discriminatory housing and investment practices –... Read More
at Wednesday, March 11, 2020

Member Monday Spotlight: Alcy Ball Community Development Corporation

  Seth Harkins, Executive Director  How was Alcy Ball started? Alcy Ball Development Corporation (ABDC) was founded in 2012. Our Community Development Corporation (CDC) started through relationships between the leadership of Divine Life Church and Second Presbyterian Church. Through their mutual understanding of Asset Based Community Development principles, the initial leadership group decided to form a CDC to strengthen some of the existing relationships and reestablish... Read More
at Monday, January 6, 2020

BLDG Memphis celebrates 20th anniversary, reflects on two decades of community development and engagement

BLDG Memphis (Build. Live. Develop. Grow.), a coalition for organizations and individuals who support the development and redevelopment of healthy, vibrant, attractive and economically sustainable neighborhoods throughout the Memphis region, recently announced its 20th anniversary, celebrating two decades of community advancement. Established in 1999, the organization now enables more than 40 community development corporations (CDCs) to make their visions a reality. “The daily... Read More
at Wednesday, December 4, 2019

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