What's Happening in Ohio Community Development? |
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April 2022 | Vol. 13, Issue 4 |
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Quick List: Ways to Get the Most from your Membership
Have you:
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Is your organization serving clients who've suffered from payday lending?
Members, have you recently interacted with an individual who has come to you for financial empowerment services who has suffered from harmful payday lending practices in the last two years? If you feel comfortable sharing some non-identifying information on the situation as we work on state advocacy, please let Nate Coffman know at ncoffman@ohiocdc.org or (614) 461-6392 ex. 207.
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Now Recruiting: Many AmeriCorps VISTA Positions Around the State
Ohio CDC Association (OCDCA) is currently recruiting over fifty individuals to serve as year-long AmeriCorps VISTAs and AmeriCorps VISTA Summer Associates.
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OCDCA Book Club: Cities for People
5.9.22 // 3 - 4 PM
Join the OCDCA book club!
This is a low commitment club meaning that you can come and go from the club per your interest in a particular book.
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Micro Summit - People First: Everyone Wins
5.11.22 // 8:30 AM - 3:30 PM
Please join us for this year’s business summit event, which we are partnering with CAC of Pike County as they host it. Session topics include leadership development, creating your culture, team building, and customer service.
Join us in-person in Piketon, Ohio. Breakfast and lunch will be provided. Register here.
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Back to Basics - Nonprofits 101
5.24.22 // 2 - 4 PM
OCCD and the Ohio CDC Association are collaborating to provide the Back to Basics - Nonprofit 101 Training event.
This course offers foundational training for understanding the structure of a nonprofit organization. This training provides practical information that local government community development practitioners can use to better partner with community organizations and share with community organizations to help them get funded so they can serve the community into the future. Register here.
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Small Business: Access to Capital
6.2.22 // 1 - 2:30 PM
As part of their strategy to support the community, Huntington Bank has expanded its small business lending programs into its new footprint to commit $10 billion over five years, $2 billion of which will focus on lending to minority-owned businesses or businesses operating in majority-minority communities. Learn more about the Huntington Bank Lift Local Business Program, which is focused on growing locally-owned businesses. Additionally, attendees will hear about various capital options from the many community development finance institutions (CDFIs) serving Ohio; resources from Small Business Development Centers; Kiva lending protocols; and OCDCA's resources, including our Microbusiness Development Grant Program and Recoverable Grant Fund. Register here.
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OCDCA Hiring AmeriCorps Members & Interns!
AmeriCorps VISTA Leader: The VISTA Leader will assist with the support and coordination of the OCDCA VISTA Project from our Columbus office. Previous national service or Peace Corps experience required. Housing stipend provided. Apply here.
Program Design AmeriCorps Summer Associate: Build upon your skills in research, strategic planning, and expanding diversity and equity in organizations for ten weeks this summer. Apply here.
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Save the Date!
OCDCA 38th Annual Conference in Cincinnati, Sep. 28-30
Join OCDCA in the City of Seven Hills this fall for OCDCA’s 38th Annual Conference. Registration for our Annual Conference will open this summer! Both virtual and in-person options will likely be available. Learn more.
Huge Thanks to our Sponsors & Supporters so far:
US Bank
Ohio Capital Corporation for Housing
PNC Bank
Fifth Third Bank
City of Cincinnati
Columbus Metropolitan Housing Authority
Economic & Community Development Institute (ECDI)
Federal Home Loan Bank of Cincinnati
Finance Fund
First Financial Bank
JP Morgan Chase
KeyBank
Third Federal Savings & Loan
Enterprise Community Partners
NeighborWorks Collaborative of Ohio
National Equity Fund
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Pyramid CDC Offering Refurbished Technology at Below Market Prices
Member Pyramid CDC through their social enterprise SMARTech based in Columbus has a large inventory of Dell and HP refurbished computers, laptops, tablets, printers for resell. All priced under $180.00. These items are mostly from government surplus purchases. For more information email pyramidcdc@gmail.com or call Linda Nelson at 614-767-9229 or Ronald Nelson at 614-778-7168.
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ETSS Resettling Afghan Refugees
The Columbus Dispatch reported on the efforts by member ETSS to resettle Afghan refugees and becoming Franklin County’s third resettlement agency. Referenced in the article is their Individual Development Account partnership with OCDCA that matches savings up to $2,000 for the purchase of a home, car, education, or investing in a microbusiness.
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Do you have exciting news to share about your organization? If so, please send to Lisa Much in order for it to be featured in the OCDCA newsletter. |
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ServeOhio Now Requesting Workshop Proposals
ServeOhio is requesting proposals for workshops at the 2022 Ohio Conference on Service and Volunteerism, which will be held in-person at Quest Conference Center in Columbus on November 3, 2022. We invite you to consider presenting a session.
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Greater Ohio 2022 Summit
The event will feature inspiring examples of revitalization and emerging best practices. The Summit will showcase interventions for creating sustainable and livable communities, like zoning reform, active infrastructure investments, and population attraction. And the Summit will highlight strategies to build trust, collaborate, and carry out multipart projects that produce equitable outcomes. Register now.
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PCRG Summit
The 12th Annual #PCRGSummit will be an intentionally inclusive union that highlights the struggles and efforts to address issues of race inequity. The Summit offers cross-sectional and regional collaboration opportunities in community planning, land recycling, affordable housing, transit-oriented development, and neighborhood revitalization.
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Just Economy 2022
America’s economic system and culture has from its beginning valued some lives over others. We need to create a new normal that is unlike the old. The old normal wasn’t built for everyone. It was indefensible. America needs a new reality rooted in a Just Economy. Join the Fight.
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Midwest Asset Building Conference
The Midwest Asset Building Conference brings practitioners, policy advocates, and researchers together to strengthen our collective work to disrupt the racial wealth divide and help families build prosperity in the Midwest. We are happy to welcome you to Saint Paul near Bdote in Wicahpi Oyate, the Star Nation, of the Dakota people, in Mni Sota Makoce.
Stakeholders in the region will have the opportunity to learn from their peers when we connect at the third Midwest Asset Building Conference in Saint Paul, Minnesota, from June 29-30, 2022. The conference will center on the theme, “Imagining the Next Economy: Disrupting the Racial Wealth Divide,” attuned to the fact that our current economy rests on racialized and gendered exploitation and extraction. The conference will be in-person (with COVID protocols in place) and a paid livestreamed virtual event.
Wednesday - Thursday
June 29th - 30th
Saint Paul, MN
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Finance Fund Grants
Finance Fund works with non-profit community-based organizations seeking seed funding to determine project feasibility or to move projects forward. Grants are made to eligible organizations that work to meet the needs of low- and moderate-income communities in Ohio. Our grants are designed to create a better quality of life for people living in economically distressed urban and rural communities.
Predevelopment Grant: These grants provide funding for projects that expand affordable housing options. Grants up to $30,000 are available for eligible uses such as feasibility studies, market studies, business plans, architectural drawings, appraisals, engineering, environmental studies, and professional fees.
Economic Development Grant: These grants provide funding for self-sustaining projects that create permanent private sector jobs to strengthen an area’s economic base. Grants up to $100,000 are available for hard construction costs and fixed assets such as real estate acquisition, machinery, equipment, furniture, fixtures, etc.
Potential Funding - Max and Victoria Dreyfus Foundation
The Max and Victoria Dreyfus Foundation awards grants to organizations for which a small amount of money might make a large difference. The Foundation welcomes requests for support from community-based, non-profit organizations based in the United States. Our next deadline is May 10th for the Fall 2022 Award Round.
Truist Foundation Inspire Awards for Small Business Innovation
The Truist Foundation and MIT Solve are thrilled to be partners in launching the inaugural Inspire Awards to identify innovative nonprofit-driven solutions that provide support to grow, develop, and sustain racially diverse and/or women-led small businesses in the United States. The Challenge is seeking organizations driving a new frontier for entrepreneurship across the United States. We welcome bold solutions with transformational potential that span across a range of challenges faced by small business owners. Deadline is May 13.
ACT on Health Equity Community Solutions Challenge (Emphasis on Ohio)
AstraZeneca recognizes health starts in our homes, schools and communities. The ACT on Health Equity: Community Solutions Challenge supports community-based, nonprofit organizations that are advancing health equity among underserved US communities through innovative health, wellbeing, and STEM (Science, Technology, Engineering and Math) programs at the local and regional level. Deadline is 5/13.
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Northeast Ohio
Development Finance Authority of Summit County, Akron, is seeking a Fiscal Officer.
City of Shaker Heights is seeking a Planner.
Central Ohio
There is one AmeriCorps VISTA Leader position in our office which still needs to be filled. VISTA Leaders are essential to the function of the OCDCA VISTA program. Learn more. Additionally, there is one AmeriCorps Member position we are working to fill within our office.
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Payday Loans Cost 4 Times More in States With Few Consumer Protections
The Pew Charitable Trusts recently published a brief on consumer protections called, Payday Loans Cost 4 Times More in States With Few Consumer Protections. It features Ohio’s payday lending reform of 2018 as a model for protecting consumers (along with Colorado, Virginia, and Hawaii) and shows how payday lenders are charging far higher prices than necessary in other states. The first time Pew published a similar report, in 2014, Ohio had the highest prices in the country. |
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Federal Subsidized Housing Study Committee
From Gongwer: Ohio REALTORS, Buckeye Community Hope Foundations Ian Maute and Bill Hinga of Wallick agreed that a fair and consistent valuation process was needed (of affordable housing). They instead argued for "true value" and for the expansion of the affordable housing identification program that was heavily supported during previous testimony. "Having the ability to accurately forecast real estate tax liabilities using fair valuations based on government controls benefits everyone involved from the developers to the county auditors," Ian Maute, Buckeye Hope vice president of development for Buckeye Hope said. "It's because of this we want to work closely with the county auditors. No one benefits from numerous appeals." Andy Mills, chair of REALTORS legislative steering committee, called ASHIP a "reasonable approach that should be further explored." "With low inventory and quickly rising home prices, we encourage this Study Committee to consider the growing need for more affordable housing. We ask you to establish policies that will encourage affordable housing development, not disincentivize it," Mr. Mills said.
Committee Co-Chair Sen. Louis Blessing (R-Colerain Twp.) said they are "leaning toward" having one more meeting before concluding the committee. The committee is required to "submit a report to the General Assembly no later than July 1, making recommendations about the valuation and valuation process of federally subsidized residential rental property," according to the Legislative Service Commission. Rep. Bird said "This group is going to have a very interesting conversation as we put our heads together and try to come up with a report," he said. "This is not an easy issue. If it was, we would have figured it out a long time ago."
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Governor DeWine Announces Proposal for Historic Investment in Appalachia
Last week, Ohio Governor Mike DeWine and Lt. Governor Jon Husted announced details of their proposal to make a long-overdue, comprehensive investment in the Appalachian region of Ohio. The $500 million investment would support local initiatives to revitalize downtown districts, enhance quality of life, and help rebuild the economies of Ohio's 32 Appalachian counties.
Once funding is secured, the program is to be administered through the Ohio Governor’s Office of Appalachia within the Ohio Department of Development and other agency partners.
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Community Reinvestment Act – Joint Notice of Proposed Rulemaking
Yesterday the Federal Deposit Insurance Corporation (FDIC) issued a notice of proposed rulemaking for the Community Reinvestment Act (CRA). Differing from the 2020 adopted rule that ended up being rescinded last year, this is an interagency effort including all three regulators – FDIC, Federal Reserve, and Office of the Comptroller of the Currency. This is one step in the process with public comments due by August 5th, 2022. To view a summary of the proposed rule click here and the full version here. It is hopeful that the 678-page proposed rule moves to achieve a strong and effective CRA for disinvested and marginalized communities. Many members submitted very helpful comment letters during the 2019/2020 misguided process. OCDCA will be in touch with more information as we’re able to interpret the proposed rule working with national partners.
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Sign-on to Support Housing and Community Development Funding
Support topline funding for housing and community development: Sign this letter on behalf of your organization by May 13. It urges Congress to ensure affordable housing and community development programs receive the highest allocation of discretionary funds possible in FY23. |
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White House Holds Convening on Equity and Racial Justice; HUD Releases First-Ever Equity Plan
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Congress Introduces New Opportunity Zones Legislation
From Enterprise: On April 7, the Opportunity Zones Transparency, Extension, and Improvement Act was introduced. The bipartisan, bicameral legislation is led in the Senate by Senators Cory Booker (D-NJ), Tim Scott (R-SC), Mark Warner (D-VA), and Chris Van Hollen (D-MD) and in the House by Representatives Ron Kind (D-WI-03), Mike Kelly (R-PA-16), Terri Sewell (D-AL-07), and Dan Kildee (D-MI-05). The new legislation would extend the Opportunity Zone (OZ) tax incentive through 2028, as well as implement reporting requirements to better assess the impact of the program. In addition, the legislation would make several modifications to the OZ incentive, including: sunsetting the OZ designation for census tracts with a median family income at or above 130 percent of the national median family income; allowing Qualified Opportunity Funds (QOFs) to be organized so that they can invest in other QOFs, allowing smaller projects to receive funding; and, creating a State and Community Dynamism Fund to provide grants to states for technical assistance, capacity building, and financing support to drive private and public capital to underserved businesses and communities. Enterprise applauds lawmakers for their work to ensure that OZ tax incentive benefits the low-income communities it is intended to serve. The announcement of the bill includes additional details on the legislation, including a one-page summary and a section-by-section review of the bill.
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OHIO CDC ASSOCIATION | www.ohiocdc.org |
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