Community Opportunity Alliance
@commoppall
The Community Opportunity Alliance is a national nonprofit that builds the community development field.
ID: 283199358
https://www.communityopportunityalliance.org/ 16-04-2011 19:59:40
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#CommunityDevelopment organizations will be key players to ensure #GGRF and other climate-resilience funds get to hardest-to-reach communities. A new report from UNH Carsey School of Public Policy explains how we can help organizations prepare & deploy projects. bit.ly/why-success-gg…
Tell Congress that Opportunity Zones should offer transparency and provide affordable housing. Sign this letter initiated by Smart Growth America & the Opportunity Zone Coalition smartgrowthamerica.salsalabs.org/ozs/index.html
#OpportunityZones need reform. Without transparency & a real commitment to affordable housing, #OZs cause displacement & deepen inequities. Senator Mike Crapo Senator Tim Scott Leader John Thune, communities are watching! #UntilAllThrive
Nearly 90% of nonprofit developers rely on HOME & CDBG to make housing projects pencil out. No federal support = no private investment = no homes. Fund HOME at $1.5B & protect CDBG in FY26. Rep. Steve Womack Rep. Stephanie Bice Hal Rogers #UntilAllThrive
Nonprofit developers front 2x the cost to get 50% reimbursed later. Delays in HOME or CDBG funding stall projects & hurt supply. FY26 must include full funding. Rep. Steve Womack Rep. Stephanie Bice Hal Rogers #UntilAllThrive
📊 36% of Arkansas' nonprofit housing developers spent more than they earned in 2018. Over half had less than 3 months of cash in reserves. Cuts to HOME/CDBG would collapse local capacity right when it's most needed. Rep. Steve Womack #untilallthrive
In FY23, CDBG & related programs created/retained 25,516 FTE jobs including 20,297 for low/moderate-income workers. Cutbacks would stall economic recovery. Rep. Steve Womack Rep. Stephanie Bice Hal Rogers #UntilAllThrive
#CDFIs bring flexible capital to our projects. #Congress fund $324M for the #CDFIFund and simplify the process so we can keep serving. Rep. Steve Womack Rep. Stephanie Bice Hal Rogers #UntilAllThrive