SAVE THE DATES!
Fahe Spring Retreat – April 22-23, Berea
Fahe Annual Meeting – Sept. 22-24, Kingsport, TN
View Fahe’s New Annual Report HERE
Reference data/resources from Katy on recession forecasting as requested at the Member Town Hall Meeting – As the economy continues its record breaking streak of growth, it becomes more and more likely that growth will eventually plateau and, eventually, hit a period of decline. A recession is defined by many economists as two consecutive quarters of falling Gross Domestic Product (GDP). It is not the only measure of economic health, but it is a widely used benchmark. The National Bureau of Economic Research uses a slightly different definition, “a significant decline in economic activity spread across the economy, lasting more than a few months.”
Annually, the National League of Cities conducts a City Fiscal Conditions Survey. In the 2019 survey, city finance officials report declining confidence in the economy and an expectation that a recession will occur in the next two to three years. The majority of those surveyed expected to see a recession within the next 1-5 years. Smaller cities (less than 50,000 or less than 100,000 in population) skewed toward a 3-5 year timeframe while larger cities (with 100-300,000 or 300,000 plus population) skewed toward a 1-2 year timeframe. The negative expectations are most prominent in the Midwest. The report covers a number of factors that play into these assessments, and it discusses regional indicators and trends. Approximately 40% of the respondents are from cities smaller than 50,000 in population.
This report from spring 2019 by the Economic Policy Institute, a non-partisan left-leaning think tank, discusses the challenges faced by government when a recession hits.
In 2010, the Stanford Social Innovation Review published an article on how non-profits can successfully prepare for recessions, an in January 2019, The Chronicle of Philanthropy also covered preparedness for non-profits in this article.
NEWSLETTERS – Upcoming changes! Beginning 2020, published once/month, improved readability, useful content, and topics chosen by you! IMPORTANT – new email marketing rules require people to OPT IN to receive the newsletter. Enter your information and which caucus newsletter(s) you wish to receive. If you are not the person in your organization who needs to receive these updates or if you have addt’l people who should receive them, please share the sign up link: www.fahemembers.com/signup
We would love it if those interested would sign up by December 20th to ensure they’re on the list in time to start receiving the new newsletter.
CAUCUS & FAHE CALENDARS – A calendar of events has been set up for each caucus and one for Fahe-wide interest. When TIME-SENSITIVE funding opportunities, announcements, and calls to action arise, they will be added to the appropriate calendars. Separate sign-up for these announcements will also be required and we will provide addt’l instructions to make this sign up an easy process at a future date.
If you work in an Opportunity Zone, Opportunity Appalachia might be a resource via ACC of technical assistance funding and training for project readiness for submission of an opportunity zone application. More information HERE
ARC – POWER Initiatives Application Workshop – Join ARC staff and other experts to learn how to develop a strong application for POWER 2020 in response to the POWER 2020 RFP (available in early December). The workshop will run from 9am–3pm and is free to attend: Tues., Jan. 28, Johnson City, TN. Pre-registration required. Lunch provided. Registration info HERE
VHDA – REACH Virginia Innovative Demonstration Grantsto spur affordable single family and mixed use housing development by supporting technological innovations to reduce construction costs in the homebuilding industry. Awards will be granted on a first-come, first-served basis. Questions? Contact Matthew Bolster, Strategic Housing Office, at (804) 343-5631.
Help Community Heroes Purchase a Home – New Program! Community Heroes, VHDA in partnership with FHLB-Atlanta helps law enforcement officers, public school educators, firefighters, and other first responders purchase a home. It’s an opportunity to access $1 million in grant funds for eligible homebuyers. Learn more.
Office of National Drug Control Policy – Per Anne Hazlett – they send out news about funding announcements every few weeks– if anyone wants to be added to that list, please email Betty-Ann Bryce
UPCOMING Fahe EVENTS
April 22-23, 2020 – Fahe Spring Retreat – Boone Tavern, Berea
September 22-24, 2020 – Fahe Annual Meeting
Please remember to send your NWA Online Training certificates of completion to Jackie!
March 10- 12, 2020 – 502
Packaging Training – The Virginia Housing Center, 4224 Cox Rd., Glen Allen,
VA. Register HERE.
Hotels within ½ mile:
- Hampton Inn Richmond – West, 10800 W Broad St, Glen Allen, VA 23060 (804) 747-7777
- Comfort Suits Insbrook, 4051 Innslake Dr, Glen Allen, VA 23060, 804-217-9200
- Homewood Suites, 4100 Innslake Dr, Glen Allen VA, 804-217-8000
- Hilton Garden Inn Richmond, 4050 Cox Road, Glen Allen, VA, 804-521-2900
NWA NTI’s: May 18-22 – Los Angeles (registration late Jan/early Feb); August 17-21 – Washington, DC
Update: Lead Safe Housing Rule Materials are now posted on the following training pages:
- LSHR Amendment Training for HUD Funded Recipients Who Administer TBRA Webinar
- LSHR Amendment Training for Conventional Public Housing and PBA Programs Webinar
JOB POSTINGS – New posting for a Public Humanities Coordinator at the International Storytelling Center (ISC) in Jonesborough, Tennessee~ Fahe, Member and Partner job postings HERE Jobs available: MACED, ReFrame Job Board HERE
Partners for Rural Transformation Update (formerly Persistent Poverty Working Group)
From Jim: Driven by a vision of a future where persistent poverty no longer exists in our nation, six CDFIs located in and serving regions with a high prevalence of persistent poverty came together to advance that shared vision. Called the Partners for Rural Transformation, the CDFIs, Community Development Corporation of Brownsville (CDCB), Communities Unlimited (CU), Fahe, First Nations Oweesta Corporation (Oweesta), (HOPE) Hope Enterprise Corporation and Hope Credit Union, and Rural Community Assistance Corporation (RCAC), represent three quarters of the nation’s persistent poverty counties and have records of accomplishment spanning multiple decades. With a shared ethos of investing in both people and place and informed by the voices of local people, the organizations seek to unify around diverse opportunities in communities of Native people, Latino individuals, and rural white and black residents in a time of great division in our nation. Our recent white paper “Transforming Persistent Poverty in America” can be found HERE
Looking for data about your community? Learn an easy way to access social, economic, housing, and demographic statistics for your selected area or multiple areas on data.census.gov. Helpful videos HERE
Fannie Mae Energy Efficiency Resources Presentation
Fahe Community Lending is rolling out a referral program for Members ONLY. Details HERE
Katy Stigers’ Report on Issues Facing Rural Housing
Questions or to express interest in Fahe Strategic Programs? Please email Matt Coburn
Harvard’s Joint Center on Housing Studies reports in The State of the Nation’s Housing 2019