OCS Announces 2020 CED Award Recipients

Congratulations to the 2020 CED Award recipients Grantee Name State Grant Amount Chicanos Por La Causa, Inc. AZ $800,000 El Pajaro Community Development Corporation CA $800,000 Mandela Partners CA $600,000 Mission Economic Development Agency CA $300,000 Pacific Asian Consortium in Employment CA $800,000 Planting Justice CA $800,000 Latino Economic Development Corporation of Washington, DC DC […]

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CRDC Addressing Homelessness in South LA

Coalition for Responsible Community Development, a Community Development Corporation and member, is partnering with LA Family Housing on the Residences on Main, bringing 50 new units of affordable, supportive housing to individuals experiencing chronic homelessness in South Los Angeles. Once, completed, the Residences on main will provide permanent homes for 25 chronically homeless Transition Age

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Surviving the Coal Industry Decline: New Economy Work in Appalachia

MACED, a Community Development Corporation (CDC) in Kentucky and member of the Jobs and Communities initiative, was featured in the January 2019 issue of Fortune Magazine. Listen as Peter Hille, MACED’s president, describes his organization’s new energy interns program, which is revitalizing the Hazard community and providing hope to residents that there is life beyond

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Data Highlights CED Program’s Ability to Provide Jobs to Low-Income Individuals and Revitalize Distressed Communities

In December 2016, a report prepared by Rapoza Associates, a Washington DC based government relations firm, took a look at federal Community Economic Development (CED) grants. An analysis of both survey data and federal government reporting points to the success of federal CED grants, which are administered by the Department of Health and Human Services

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Midwest Minnesota CDC Grocery Store Project Visited by Treasury Secretary

On August 8th, 2016, U.S. Secretary of the Treasury Jack Lew visited Seward Community Cooperative Friendship Store, a grocery store in Minneapolis, Minnesota. The store, which is located in a low-income census tract and provides access to healthy, fresh foods, was financed in part by the New Markets Tax Credit (NMTC) and federal Community Economic Development

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Kentucky Project Saves Over 300 Jobs and Facilitates Critical Health Services

The Pineville Community Hospital has provides healthcare services to southeastern Kentucky residents since 1938. The nonprofit hospital, which was in need of modernization and expansion to serve the needs of the community, received a $3.1 million USDA  Business and Industry (B&I) Guarantee Loan through veteran Community Development Corporation, Kentucky Highlands Investment Corporation (KHIC). Through the

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Leadership, Legacy and Cardboard Lobsters—Thank you Ron Phillips

Post written by Bob Rapoza A celebration of a retiring leader in the CDC community was held this week. My good friend, Ron Phillips, the founder and president of Coastal Enterprises, Inc. is retiring. While I was not able to attend Ron’s celebration in Maine, I knew it would be quite an event, and a

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CPLC Makes the White House Best Photos for President’s Visit to Nuevas Villas At Beverly

As many people in the community development corporation (CDC) know, Chicanos Por La Causa (CPLC) is an Arizona-based CDC that has been providing integrated group programs and services in economic development, education, health and human services, and housing since 1969.  On January 8, 2015, one of CPLC’s housing sites, the Nueva Villas at Beverly, had

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CEI Helps Local Flower Farm Blossom

Coastal Enterprises, Inc. (CEI) is a Maine-based CDC that has made loans and investments, and provided business advisory services to people and businesses in Maine and New England since 1977.[1] CEI is unique in its holistic approach to addressing the multifaceted challenges of poverty alleviation, rural development and environmental sustainability. Little River Flower Farm is

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VEDC Creates New Lending Program to Boost African American-Owned Small Businesses

VEDC, a long-standing member of the CDC community, announced that it is joining forces with JPMorgan Chaise to create a new lending program for African American-owned small businesses in New York City, Chicago and Los Angeles. VEDC released the following information on the program: The National African American Small Business Loan Fund will boost economic opportunity

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