Webinar

HUD sponsored

Rural Gateway Conference Call: Delta Community Capital Initiative NOFA

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Date:

October 07, 2014 | 2:00 PM - 3:00 PM EDT

Location:

Online

Rural Gateway Conference Call: Delta Community Capital Initiative Notice of Funding Availability: A Discussion of the Community Capital Initiative's Focus on the Mississippi Delta Region

The Office of Rural Housing and Economic Development (ORHED) invites you to take part in our next Peer-to-Peer conference call. Scheduled for October 7, 2014 this call will offer participants the opportunity to learn about the Delta Community Capital Initiative's (DCCI) Notice of Funding Availability (NOFA).

The Delta Community Capital Initiative (DCCI) is a collaborative effort among three federal agencies - the Department of Housing and Urban Development (HUD), the Department of the Treasury - Community Development Financial Institutions Fund (CDFI Fund), and the Department of Agriculture – Rural Development (USDA-RD).

The DCCI's goal is to increase access to capital for affordable housing, business lending and community facilities in the chronically underserved and undercapitalized Lower Mississippi Delta Region. Specifically, it will provide direct investment and technical assistance to community development lending and investing institutions that focus on affordable housing, small business and community facilities to benefit the residents of Lower Mississippi Delta Region.

HUD, CDFI fund, and USDA-RD leaders have all identified the lack of capacity among organizations serving the Delta areas and similar persistent poverty communities as a limiting factor in the effectiveness of federal programs.  Inconsistent availability of limited public funding in any one region or community plays a role in this, because organizations specializing in affordable housing, small business support, and community facilities cannot sustain themselves and grow.  The partnering agencies recognize that the targeted population and communities receive insufficient services because they lack organizations with the capacity to effectively respond to community needs.  Participants will have the opportunity to ask questions about the DCCI program.

Join HUD's Office of Rural Housing and Economic Development (ORHED), CDFI Fund, and USDA-RD staff as we engage in an open forum about DCCI.  Speakers will include:

  • Valerie G. Piper, Deputy Assistant Secretary for Economic Development, Community Planning and Development, U.S. Department of Housing and Urban Development
  • Jackie L. Williams, Ph.D., Moderator, Director, Office of Rural Housing and Economic Development, Community Planning and Development, U.S. Department of Housing and Urban Development
  • Mark Kudlowitz, Associate Program Manager, CDFI Fund, U.S. Department of Treasury
  • Lillian Salerno, Administrator, Rural Business Cooperative Service (RBS), Rural Development, U.S. Department of Agriculture

Format of the call

Call-in instructions and additional materials will be emailed to participants on October 6, 2014.The 60 minute call will include presentations and a Q&A session.

Please RSVP by email to rhed@hud.gov no later than 10 a.m. on Monday, October 6, 2014.

If you have questions, call 1-877-RURAL-26 (1-877-787-2526).