COMMUNITY ECONOMIC DEVELOPMENT WEBINAR SERIES
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Community Economic Development Webinar Series Starts This Week!
Register Today!
You can register for one, two, three, or all four sessions.
The first session is this Wednesday, April 27th.
Each session is $20.00 plus a $1.99 service fee.
The sessions are being done in partnership with the
California Community Economic Development Association (CCEDA).
Food and Kitchen Incubators: Creating Entrepreneurial Businesses
Date: April 27th (2:00 ET/1:00 CT/12:00 MT/11:00 PT)
Level: Intermediate
Through various examples, the session will discuss the wide range of activities and opportunities for organizations interested in growing and expanding business opportunities for entrepreneurs while being able to bring healthy food options to communities in food deserts and those lacking opportunities to access healthy and fresh foods. Additionally, the programs and services noted above are areas and opportunities for organizations to fill gaps in the process of bringing food from the farm to the table. We will discuss how these projects are funded and operated. Does your CAA operate food related programs or business activities including community gardens, food pantries, commercial kitchens, food distribution systems, coop farms? Or do you operate community develop programs such as business start-up, micro lending, or a business incubator center? This may be the session for you! Learn more and register!
Community Reinvestment Act: Can the Law Help Me Get Money for My CED Project?
Date: May 25th (2:00 ET/1:00 CT/12:00 MT/11:00 PT)
Level: Introductory
Presented by Community Reinvestment Act (CRA) banking regulators, learn what the regulations are, how they are measured, and how you can use this information to assist you and your organization. This session will summarize the key aspects of the Community Reinvestment Act of 1977 that essential forced financial institutions to meet the credit needs (lend, invest and serve) of all communities to which they take deposits (especially low income communities). The Act instructs the appropriate federal financial supervisory agencies to encourage regulated financial institutions to help meet the credit needs of the local communities in which they are chartered, consistent with safe and sound operation. To enforce the statute, federal regulatory agencies examine banking institutions for CRA compliance, and take this information into consideration when approving applications for new bank branches or for mergers or acquisitions Learn more and register!
What is the Office of Community Services' CED Program: Use $800,000 to Create Jobs
Date: June 29th (2:00 ET/1:00 CT/12:00 MT/11:00 PT)
Level: All
The purpose of the Community Economic Development discretionary grant program is to promote and support projects that address economic self-sufficiency for low-income persons and distressed communities  s by awarding funds to community development corporations (CDCs) to create employment and business development opportunities. Each year approximately 40-45 grants are awarded with a maximum grant award level of $800,000. Grants are awarded to cover project costs for business start-up or expansion and the development of new products and services. The grants serve as catalysts for attracting additional private and public dollars; for every CED dollar awarded, $3-5 is leveraged. Types of projects funded include business incubators, shopping centers, manufacturing businesses and agriculture initiatives. Funded projects are to create new employment or business opportunities for low-income individuals. Learn how your project could benefit from this source of financing from the federal Office of Community Services. In this session you will be presented with several CED projects funded with OCS-CED grants. You will hear what works (and what has not worked) and how the funds could be used in many innovative ways. Get insight into the funding RFP process. Learn more and register!
Assessing the Use of Debt (Loans) in Community Development: Upsides and Downsides
Date: July 27th (2:00 ET/1:00 CT/12:00 MT/11:00 PT)
Level: Intermediate
This is an intermediate session for those organizations that are considering using debt in a proposed CED project or are thinking of taking out a note (debt) on existing properties. Many projects can afford to fill project financing gaps with debt, but should you? This session will focus on the considerations you should make before taking on debt. You will learn basic underwriting from experienced lenders who have financed many community development and related commercial projects. What types of projects and tenants can best withstand debt? Where are the best sources for obtaining debt? How much debt could I afford or will be limited to? These are some of the questions that will be answered during this session. Learn more and register!
Learn more about CCEDA here!
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