Rural Gateway Peer-To-Peer Conference Call
A Discussion of the Border Community Capital Initiative
Date: November 17, 2015
Time: 2:00 p.m. EST
The Office of Rural Housing and Economic Development (ORHED) invites you to take part in our next Peer-to-Peer conference call. Scheduled for November 17, 2015, this call will offer participants the opportunity to discuss the Border Community Capital Initiative.
The Border Community Capital Initiative (BCCI) 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). BCCI increases access to capital for affordable housing, business lending, and community facilities in the chronically underserved and undercapitalized U.S./Mexico border region. Specifically, it provides direct investment and technical assistance to community development lending and investing institutions that focus on affordable, small business, and community facilities to benefit the residents of colonias.
HUD, CDFI Fund, and USDA-RD leaders have all identified the lack of capacity among organizations serving the colonias 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 border population and communities receive insufficient services because they lack organizations with the capacity to effectively respond to community needs.
Join HUD’s Office of Rural Housing and Economic Development (ORHED) staff along with the Border Community Capital Initiative grantees: Accion Texas, San Antonio, TX; Affordable Homes of South Texas, San Antonio, TX; Community Resource Group, Fayetteville, AR; Tierra Del Sol Housing Corporation, Dona Ana Co., NM; and International Sonoran Desert Alliance, Ajo, AZ; as we engage in a public forum about BCCI.
Topics to be discussed
- The Border Community Capital Initiative (BCCI) General Overview
- FY 2013 Funded BCCI projects
- The types of activities implemented
- Expected performance outcomes
- Public and Private sources of funding to carry out projects
- Project challenges
- Best practices and lessons-learned
Format of the call
Call-in instructions and additional materials will be emailed to participants on November 16, 2015. The 60-minute call will include presentations and a Q&A session.
Please RSVP by email to firstname.lastname@example.org no later than 10 a.m. EST on November 13, 2015. Please include your name, organization, city, and state.
If you have questions, call 1-877-RURAL-26 (1-877-787-2526).