Interagency Bankers Roundtable: Opportunities in Workforce Development (Tampa)

*Please note SFCDC is not the organizer of this event.

“The ​Office ​of ​the ​Comptroller ​of ​the ​Currency ​and ​the ​Federal ​Deposit ​Insurance ​Corporation ​are ​sponsoring ​a ​forum ​on ​workforce ​development. ​The ​forum ​will ​provide ​an ​opportunity ​to ​discuss ​community ​needs ​related ​to ​workforce ​development ​and ​job ​training ​for ​low- ​and ​moderate-income ​persons. ​Presenters ​will ​represent ​governmental ​programs ​and ​community-based ​job ​training ​organizations. ​Who ​should ​attend: ​bank ​CRA ​and ​community ​development ​staff, ​governmental ​representatives, ​community ​organizations.”

Bank fund targeting affordable housing in South Florida

 

Ten banks, with six located in South Florida, helped launch the Community Development Fund with $25 million dollars. The fund was introduced by Ken Thomas, an economist and banking consultant, who is tired of South Floridians making $40,000 or $50,000 a year and not being able to afford to buy a home. The funds will be used to invest in securities backed by mortgages valued in the $100,000 to $200,000 range to encourage lenders to keep making the loans and builders to find ways to develop communities that first-time buyers and young professionals can afford.

Read more: http://www.sun-sentinel.com/business/realestate/fl-affordable-housing-fund-20160617-story.html