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March 5, 2008 - National Alliance of Community Economic Development Associations (NACEDA

Anti-Foreclosure Efforts to be Highlighted during Community Development Summit in Washington, DC:

WHO: The National Alliance of Community Economic Development Associations (NACEDA) aims to strengthen the CED field by advocating at the federal level for programs that bring jobs, affordable housing and economic development to low-income communities.

WHAT: NACEDA’s Second Annual Summit and Policy Conference.

WHEN: Monday, March 31-Wednesday, April 2, 2008. (Media are welcome at most sessions and the reception on Tuesday. Please contact Kim Hayes for a detailed agenda and media registration. Phone: (301) 585-1131 or khayes@naceda.org.

WHERE: DoubleTree Hotel, 1515 Rhode Island Ave., NW, Washington, D.C. 20005 http://www.washington.doubletree.com.

WHY: This conference will include the following highlights:

· A special panel on the Foreclosure Crisis including Remedies to a National Crisis and State & Local Foreclosure Fixes (Legislation & Remediation Efforts).

o National: Moderator John Taylor, NCRC; Dave Buchholz, Federal Reserve (Proposed Federal Predatory Lending Regulations); and Bill Matthews, Conference of State Bank Supervisors (National Mortgage Licensing System).

o State & Local: Joe Kriesberg, Massachusetts CDC; Jenelle Dame, Ohio’s East Side Organizing Project; Wayne Meyer, HANDS Inc: CDC NJ, (Vacant Property Disposition)

· Federal Policy Briefing: Washington “insiders” will provide a reading of the climate in Washington and updates on legislation and programs like CDBG, HOME and rural, green and energy efficient housing. Representatives from the House Housing Community Opportunity Subcommittee, Enterprise, LISC and the Housing Assistance Council will participate.

· Presidential candidate representatives discuss housing and community development. (Representative from Obama campaign confirmed, Clinton and McCain representatives invited).

· Lunch with remarks by Sen. Sherrod Brown (invited).

· Reception with remarks by Rep. Maxine Waters (invited), Chair, Housing Community Opportunity Subcommittee.

###

About NACEDA and the CDC Industry

Through its member network state associations NACEDA represents more than 2,000 community development corporations. In 2005, as an industry total (aggregate) CDCs produced/created: 1.3 million homes (since 1988), 774,000 new jobs and 126 million sq feet of commercial/industrial space, housing for special needs populations and nearly 2/3 of CDCs offer homeownership counseling. Visit our website: www.naceda.org.





Thank you,

Kim Hayes

Communication/Fundraising Coordinator

National Alliance of Community Economic Development Associations (NACEDA)

Phone: (301) 585-1131

www.naceda.org



NACEDA Headquarters:

2101 Wilson Blvd., Suite 610

Arlington, VA 22201

Phone: 703-741-0313


National Alliance of Community Economic Development Associations (NACEDA by Jane DeMarines, Washington-dc