The Community Economic Development Expertise Enhancement Act, H.R. 1480 , (CEDA) was reintroduced March 27, 2003 in the U.S. House of
Representatives.
CEDA authorizes $235 million to provide technical assistance and capacity building funds, including $75 million a year to go DIRECTLY to CDCs.
The House bill was introduced with 22 original co-sponsors, led by Congresswoman Stephanie Tubbs Jones (D-OH), CEDA's original sponsor in 2002.
A companion bill will be introduced in early April in the Senate.
ASK YOUR LEGISLATOR TO CO-SPONSOR THE BILL!
SEND AN EMAIL NOW!
"CEDA has a good chance of passing in this Congress. It is a bipartisan bill which last year accumulated 77 co-sponsors in the House. The bill has already been given a hearing, at which it received bipartisan support." -- Roy O. Priest, NCCED President and CEO
Specifically, CEDA will:
ensure that opportunities to undertake viable economic development projects
are widely available throughout the United States by extending capacity building activities to geographically diverse CDCs;
expand the project development capabilities of CDCs through retention, hiring, and training of skilled staff;
establish a three-year program of grants which promotes the use of
mentoring relationships to CDCs' access to legal, financial, and
construction design resources and services; and
authorize investments by regulated financial institutions in community economic development projects of eligible CDCs.
TAKE ACTION!
CALL your Representative through the Capitol switchboard at: (202) 224-3121
SAY:
"I urge you to co-sponsor H. R. 1480, The Community Economic Development Expertise Enhancement Act, which will provide technical assistance and capacity building funds for community-based nonprofit organizations, helping to create affordable housing and jobs in OUR community. We must invest in communities that provide economic opportunities to their residents."
FOLLOW-UP:
Please contact Erica Lindquist, NCCED Policy Analyst, at elindquistncced.org or (202) 289-9020 ext.135.
Let her know who you spoke to and what they said!
Check back to the CEDA webpage to see if your legislator co-sponsored the bill.
ENDORSE / VISIT: www.ncced.org/policy/ceda/endorse_ceda.html to add your organization to the list of Community Economic Development Expertise Enhancement Act endorsers. (Both individuals and organizations can endorse the bill.)
Original CEDA co-sponsors in the House: Stephanie Tubbs-Jones (D-OH-11th);
Patrick Tiberi (R-OH 12th); Artur Davis (D-AL-7th); Charles Bass (R-NH-2nd);
Barbara Lee (D-CA 9th); Robert Andrews (D-NJ-1st);
Earl Blumenauer (D-OR 3rd); Chaka Fattah (D-PA-2nd); Julia Carson (D-IN-7th); James Clyburn (D-SC-6th);
Corrine Brown (D-FL 3rd); Ruben Hinojosa (D-TX-15th); Nicholas
Lampson (D-TX-9th); Gregory Meeks (D-NY-6th); John Dingell (D-MI-15th);
Marcy Kaptur (D-OH-9th); Bobby Rush (D-IL-1st); and Albert Wynn (D-MD-4th);
Marion Berry (D-AR-1st), Danny K. Davis (D-IL-7th), Sheila Jackson Lee
(D-TX-18th), and William Lacy Clay (D-MO-1st).
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