RLF COMMUNITY OF PRACTICE – Peer Leadership Team Selection Process and Criteria

March 10, 2023

EDA’s RLF CoP includes the selection of 10 – 12 existing RLFs to serve as peer advisors alongside the CoP Leadership Team. There is $95,000 - $100,000 in funding to compensate the RLF Peers for their time. Peers will provide workshops, review self-assessments, and develop and deliver content to cohort groups. Peers will extend the capabilities of the leadership team, mentor RLFs, and act as an on-going support to the RLF network.

Recording: WASHINGTON REPORT – An Update on the Past and Present

February 9, 2023

Join us to discuss which community development programs the 117th Congress has prioritized in the Fiscal Year 2023 spending deal. We will answer the question, "How will community development programs fare after changes in Congressional leadership?" We will review the key agenda items for the White House, Senate, and most importantly, the newly elected House Majority. Our team of Washington insiders will walk you through the implications of a divided Congress.

NDC Corporate Equity Fund Announces the Financial Closing of Sheptysky Arms

February 3, 2023

Sheptytsky Arms is an existing senior rental project that consists of fifty units in one building that was built in 1986. The property includes studio, one, and two bedroom units that will be rented to senior households (62+) whose income does not exceed 60% of the area median income. Upon closing, HUD issued a new 20-year Housing Assistance Payment contract on the property allowing residents to pay 30% of their adjusted gross income to rent.

Request for Proposals: ScaleUp Accelerator Program

January 27, 2023

NDC is requesting proposals from qualified organizations to partner with NDC as a subaward recipient to deliver the ScaleUp Success Accelerator Program for small businesses operating in Dallas County, TX. NDC will serve as the ScaleUp Success Accelerator Program Administrator (“Program Administrator) and the qualified organization will serve as the ScaleUp Success Accelerator Program Facilitator (“Program Facilitator”).

Request for Qualifications RLF Community of Practice Subaward

January 24, 2023

The National Development Council (NDC) is requesting proposals from qualified organizations to partner with NDC as a subaward recipient to deliver the Community of Practice Program.

NDC to Lead New EDA Revolving Loan Fund Community of Practice

November 17, 2022

The United States Economic Development Administration has announced the award of a $1.6 million grant to the National Development Council (NDC) to coordinate and lead a community of practice dedicated to building capacity among operators of EDA-capitalized Revolving Loan Funds (RLF)

NDC 2021 Impact Book Released

November 16, 2022

Click here to view the NDC 2021 Impact Book.

NDC Grow America Fund Ranks Again as a Top CDFI

November 14, 2022

Click here to read the print edition of the LA Times special publication, “Your Guide to Community Development Financial Institutions.”

NDC Receives S&P A+ Credit Rating

October 17, 2022

Standard & Poor's (S&P) Global Ratings assigned NDC 'A+' Issuer Credit Rating On Capital, Liquidity, And Strong Management.

Recording: Connecting the Inflation Reduction Act (IRA) to the Communities We Serve

October 7, 2022

On October 5 at 3:00 pm ET, National Development Council is sponsoring another in its series of virtual academies. The subject of this academy is a Washington Update. In August, Congress passed the Inflation Reduction Act (IRA), which included several climate and energy-saving provisions. These include tax credit initiatives to support smaller-scale renewable energy generation in Low-Income Communities. IRA also includes $2.8 billion in grant funds