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Volume 4, Issue 1, 2004   Federal Reserve Bank of Dallas

'Momentum Texas' Conference Explores Community Development Financing

Community development is vital to the economic health, stability and progress of our communities and our state. Texas must set a goal to increase financing options to meet current community development investment needs and adequately prepare for the challenges of Texas's rapidly changing demographics. That was the message of an all-day conference on April 13, 2004, sponsored jointly by the Federal Reserve Bank of Dallas and the Texas Mezzanine Fund. Read more »

California CDFIs Fill Capital Gap

Two California community development financial institutions are examples of successful lenders partnering with financial institutions and other organizations to meet the credit needs of small businesses and provide financing for community economic development initiatives. Clearinghouse CDFI of Lake Forest and CEDLI (California Economic Development Lending Initiative) of Oakland have both developed loan portfolios in the $30 million range. Read more »

Web Resources for Community Development Finance in Texas

Additional resources on the Web presented at "Momentum Texas" conference. Read more »

News & Events

  • The Texas Association of Community Development Corporations is sponsoring the first course in the National Development Council's Housing Development Finance Professional Certification program—"Single Family Homeownership Finance"—in San Antonio, June 21–24. This course explores the skills required to successfully develop affordable, owner-occupied, single-family housing. Read more Off-site page
  • The 2004 National Community Development Lending School, sponsored by the Federal Reserve Banks of San Francisco and Minneapolis, will be held in Minneapolis, July 18–22. The training covers key issues and current industry trends relevant to community development lending in today's business environment. Read more PDF document
  • The Local Initiatives Support Corporation will hold the Financial Management Professionals' Conference in Chicago, July 28–30. This conference is a professional development and networking event for finance managers in the community development industry. Read more Off-site page
  • Participants of the Dallas Fed's "The Business of Immigrant Markets: Providing Access to Financial Services," set for September 29–30, will learn about the growing immigrant populations and the opportunities and barriers related to providing financial and Community Development services to this market. Read more Off-site page

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