Community Reinvestment and Asset Mapping Training

Friday, July 15, 2016 - 8:00am

The National Community Reinvestment Coalition in Partnership with the City of Monroe Planning and Urban Development Division Invites You to Join Us in a Community Reinvestment and Asset Mapping Training

When: 10 am – 12 pm August 3, 2016

Where: Monroe City Council Chamber – Monroe City Hall 400 Lea Joyner Expressway, Monroe, LA 71201

Cost: Free (Advanced RSVP Strongly encouraged)

The landscape of communities around Louisiana are changing, but unfortunately, not every resident is able to enjoy the rapid burst of economic growth. NCRC will work to equip stakeholders and community leaders with tools to advance sustainable economic development in low- and moderate-income communities to help build a more equitable and just society through holding banks accountable.

Community Reinvestment Act Basics 101 and Banks’ Affirmative Obligation Training

Community organizations across the country have effectively used the Community Reinvestment Act (CRA) to increase investment by financial institutions in low- and moderate-income communities. This training will provide a foundational understanding of the CRA and how community organizations in Monroe can use the law to ensure fair access to credit and capital for all residents.

Our purpose is to educate more community organizations on how we can work together to use the law to reverse disinvestment in LMI (low and moderate income) communities, help develop new banking products and services for LMI borrowers, and open new bank branches in “lending deserts” and drive funding in support of affordable housing, workforce development, environmental justice and other economic development pillars to build a more equitable and just society, especially in low and moderate income communities.

Community Asset Mapping Training

The training will help residents identify resources, skills and talents of individuals, associations and organizations to discover and assemble the links between the different parts of the community, associations and agencies. The knowledge is used to revitalize relationships and mutual support, rebuild communities and neighborhoods, and rediscover collective power.

The community assets mapping approach:

• Starts with what is present in the community
• Concentrates on the agenda-building and problem-solving capacity of the residents
• Stresses local determination, investment, creativity, and control

Who should attend:

• Advocacy and organizing groups working on economic justice issues
• Community leaders and faith-based institutions
• Affordable housing and housing counseling organizations
• Fair housing and civil rights organizations
• Community Development Financial Institutions
• Neighborhood stabilization and community revitalization groups
• Academics and foundations
• Social service providers and government agencies
• Local small businesses and business development agencies

For any questions, contact:
Sheena Foster (202-464-2726) or Chris Fisher at (318) 329-2231