Search Results
Conference Paper
Changing financial markets and community development: an overview
Journal Article
Community perspective: is the NMTC making a difference in low-income communities?
Mr. Armistead has been an advocate for low-income communities for over 20 years and has extensive experience working with a wide network of community development practitioners. He has tapped that network, in addition to case studies of NMTC projects, in an effort to answer the question of whether this program is helping low-income communities.
Journal Article
Bank holding company investments for community development
Journal Article
Investor perspective: how to invest in NMTCs
Wells Fargo Bank has over $1 billion in its community investment portfolio and is one of the country?s leading investors in NMTC. This article is a practical analysis of how to target and underwrite NMTC investments.
Journal Article
Neighborhood housing dervices of Chicago homeownership preservation iinitiative
On Wednesday, September 3, 2003, the Federal Reserve Bank of Chicago hosted a breakfast meeting at which Neighborhood Housing Services (NHS) of Chicago made a presentation on the progress of HOPI, the Home Ownership Preservation Initiative. HOPI, officially launched in April of 2003, is a partnership between the City of Chicago, NHS and key financial institutions who conduct business in Chicago, including General Motors Acceptance Corporation?Residential Funding Corporation (GMAC-RFC), Chase Manhattan Mortgage Corp., Bank One Corp., LaSalle Bank, Harris Trust and Savings Bank, Bank of America ...
Journal Article
CDCs: What Does Success Look Like?
Community development corporations (CDCs) understand that they have differing roles in differing contexts, depending on whether they are working with a high-vacancy, seriously depressed area where many residents and businesses do not want to stay; a rapidly gentrifying neighborhood; or a traditionally exclusionary suburb. The roles that CDCs play were explored in two sessions at the Reinventing Older Communities conference: The Future of CDCs: Three Compelling Visions and Measuring the Impact of CDCs.
Journal Article
The new markets tax credit program: a midcourse assessment
Two leading scholars of community development analyze the New Markets Tax Credit (NMTC) program?s origins in the economic boom of the 1990s and its implementation in a much different economic and political environment after 2000. The authors examine the program?s successes and failures and discuss prospects for improvement.