Economic Development

JPMorgan Chase Commits Another $1.2 Million to Detroit Neighborhoods
CDFI Fund Awards $91.5 Million in Capital Magnet Funds
$7 Billion in NMTCs to Be Awarded
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$7 Billion in NMTCs to Be Awarded

The program is financing a health-care center for homeless individuals in San... More

Ashland Place Adds to Community Revitalization Efforts in Bay Area
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Ashland Place Adds to Community Revitalization Efforts in Bay Area

Development will also include a food hub for small businesses, set to open next year. More

Administration Names Promise Zones
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Administration Names Promise Zones

The 2016 group is the final set of communities selected for the initiative. More

Philly Looks Beyond Housing in Neighborhood Revitalization
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Philly Looks Beyond Housing in Neighborhood Revitalization

In addition to building homes in the Sharswood neighborhood, the city’s housing... More

JPMorgan Chase Launches Initiative to Aid Vulnerable Neighborhoods
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JPMorgan Chase Launches Initiative to Aid Vulnerable Neighborhoods

PRO Neighborhoods will focus on CDFI partnerships, affordable housing seed capital... More

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Supreme Court Set to Hear Disparate Impact Arguments

The Supreme Court on Wednesday will hear arguments in a case that could change the way low-income housing tax credits (LIHTCs) are allocated. More

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New Leaders Named for CTCAC, CDLAC

Mark Stivers has been named head of the California Tax Credit Allocation Committee, and Jeree Glasser-Hedrick will lead the California Debt Limit Allocation Committee. More

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HUD Announces Choice Neighborhood Planning Grants

$3.2 million will help communities in Alabama, Indiana, Kentucky, Michigan, Missouri, and Nevada revitalize neighborhoods. More

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