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The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
A call went out in 1999 for "1,000 Friends of South Carolina" to support the ongoing work of the South Carolina Downtown Development Association. That call for supporters reflected on the effectiveness of a grassroots approach to achieve community revitalization over the past 16 years. [72] Designated Communities. Beaufort, Main Street Beaufort ...
If a community is successful in becoming a designated renewal community, local business "may be entitled to employer wage credits for full-time employees and summer workers, an expanded expense deduction for tangible assets, an accelerated commercial revitalization deduction and a 100% exclusion for capital gains on the sale of certain renewal ...
The state reintroduced the option of tax-increment financing for the funding of Community Revitalization and Investment Authorities (CRIAs) in 2015, the latter being authorities created by local governments to create or upgrade infrastructure and create or preserve affordable housing for low and moderate income households.
[64] [65] In Boston, community activists halted construction of the proposed Southwest Expressway but only after a three-mile long stretch of land had been cleared. In San Francisco , Joseph Alioto was the first mayor to publicly repudiate the policy of urban renewal, and with the backing of community groups, forced the state to end ...
The East Lake Meadows public housing project was a 654 unit community built in 1971 and was one of the most infamous of all of Atlanta's public housing. [7] At the time the nation's largest turnkey project, [ 8 ] East Lake Meadows was immediately plagued by maintenance problems due to poor construction. [ 7 ]
A boutique hotel and a combination viewing deck and pedestrian bridge overlooking the Sacramento River are part of separate state and city plans to help boost visitors to Old Sacramento.
Rebuilding Together [1] has repaired more than 220,000 homes, nonprofit and community centers in the U.S. Rebuilding Together affiliate network consists of (114) offices throughout the United States, who act in partnership with and on behalf of the organization. The resources needed for repairs are obtained from grants, donations, sponsorships ...