Featured - Community Development Resources
This Connecting Communities® webinar on July 26 will highlight the new Opportunity Zones tax incentive, which aims to drive long-term equity capital to distressed communities by providing tax benefits on investments in Opportunity Funds. Speakers will provide details on how the tax incentive is expected to work and highlight emerging national and local strategies to engage residents around how these funds are deployed in their communities. Presenters include Rachel Reilly, Director, Impact Investing, Enterprise Community Partners; Eric Robertson, President, Communtiy LIFT; and Amanda Roberts, Senior Community Development Analyst, Federal Reserve Board of Governors.
The Federal Reserve Bank of Chicago and the American Bankers Association will host Tools toward Market Restoration: Where Growth and Opportunity Converge on May 1-2, 2018, in Detroit. The two-day conference will delve into how policies and practices impact place-based inequality. Policy experts and leading practitioners will share knowledge derived from current research, innovative programs, and interventions.
The Center for Indian Country Development at the Federal Reserve Bank of Minneapolis has released the Tribal Leaders Handbook on Homeownership, a comprehensive guide to mortgage lending and creating successful homeownership programs in Indian Country. (For an overview of the handbook's development and features, see this CICD Blog post.)
This article from the Chicago Fed's ProfitWise News and Views, Issue 4, 2017, explores employment change in ethnic minority neighborhoods in the Seventh District in comparison to job growth within their regions before and after the Great Recession.