NACEDA 2007 Policy Archives

Here we have policy papers, policy updates and important policy statements for 2007. To see present policy materials and links to other year's archives see our Policy Page.

NACEDA 2007 Policy Papers:
Rural Community Development
Policy Position Paper
Community Reinvestment Act
Community Development Block Grant (CDBG)
HOME Investment Partnerships Program
National Housing Trust Fund

NACEDA 2007 Policy Updates:
Vol. 1 No. 3 February 26, 2007
Vol. 1 No. 4: March 20, 2007
Vol. 1 No. 5: April 2, 2007
Vol. 1 No. 6: April 16, 2007
Vol. 1 No. 8: May 14, 2007
Vol. 1 No. 9: May 29, 2007
Vol. 1 No. 10: June 11, 2007
Vol. 1 No. 11: June 25, 2007
Vol. 1 No. 12: July 9, 2007
Vol. 1 No. 13: July 23, 2007
Vol. 1 No. 14: August 6, 2007
Vol. 1 No. 15: August 21, 2007
Vol. 1 No. 16: September 17, 2007
Vol. 1 No. 17: October 1, 2007
Vol. 1 No. 18: October 15, 2007
Vol. 1 No. 19: October 29, 2007
Vol. 1 No. 20: November 12, 2007
Vol. 1 No. 21: November 26, 2007
Vol. 1 No. 22: December 10, 2007

NACEDA Signs Onto Important Policy Letters: (May 2007)
NACEDA is joining sister organizations in two important policy letters, one supporting restoration of HOME Investment Partnerships funding and the second supporting legislation to correct the Regulatory Relief Act. Here is a summary and a copy of each.
NACEDA Supports Restoration of Funding For Flexible HOME Program ( SUMMARY ~~~ FULL COPY )
H.R. 1066 Corrects Negative Consequences of Regulatory Relief Act ( SUMMARY ~~~ FULL COPY )

NACEDA Policy Agenda Summary March 2007:
Community Development Block Grant (CDBG)

• Restore and increase funding beyond previously appropriated levels to $4.1 billion
• In any reformulation of the program no area of the country experiences drastic reductions
• Restore CDBG TA funds

• Restore funding levels to FY2004 with adjustment for inflation appropriated at $2.1 billion
• Increase the percentage of funds allocated to CHDOs from 15% to 20% of the total HOME allocation
• Restore funding for technical assistance in the CHDO TA and HOME TA programs.

• Restore funding for Section 515 Rental Direct Housing, Section 502 Single Family Direct Loan Programs, Section 523 Self-Help TA Program, and Section 504 Very Low Income Repair Program to FY2007 levels with adjustment for inflation
• Support the authorization of HUD's Rural Housing and Economic Development program
• Support the reauthorization and expansion of the New Markets Tax Credit program
• Restore Rural Preservation with The Saving America's Rural Housing Act when it is reintroduced in the 110th Congress.

• Support the authorization for the establishment of the National Housing Trust Fund when it is introduced in the 110th Congress.
• Support H.R. 1427, the Federal Housing Finance Reform Act of 2007 introduced by Chairman Frank, which would create an affordable housing fund from a percentage of funds from the GSE

• Expand CRA coverage to include credit unions and non-depository financial institutions.
• Support H.R. 1289, the Community Reinvestment Act (CRA) Modernization Act of 2007, introduced by Representative Eddie Bernice Johnson and Representative Luis Gutierrez. NACEDA opposes the preemption of stronger state anti-predatory lending laws.
• Support requirements on small business lending that are similar to those covered by HMDA.