Homegrown: Building Thriving Communities through Affordable Housing Development Training

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OCTOBER 12 &13 | 10 AM - 4 PM | ROCK HILL, SC
Join us for a 2-day interactive class where you will learn the art and science behind developing single-family and multi-family housing projects using proven strategies, tools, and guidance from three Community Development Corporations: Santee Lynches Affordable Housing & CDC, Homes of Hope, Inc. and Community Assistance Providers, Inc. Participants will walk away with actionable steps to start a housing development project in their service area and the tools to analyze your project for fiscal sustainability.  REGISTER NOW

Opportunity SC: 2017 Agenda at a Glance Released*

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Wednesday, September 13 - Capital & Finance (Click for more details)
12:00 - 1:30 Keynote Lunch: Federal Reserve Bank of Richmond Speaker (invited: Lael Brainard, Federal Reserve Board of Governors)
 2:00 - 3:30 Panel Discussions
 - Banks and CDFIs: Financing Community Development through Partnership
 - Tax Credits: An Effective Tool for Leveraging Private Capital
3:45 - 5:00 Concurrent Workshops on Capital & Finance
- Attracting Capital and Measuring Success - Underwriting CDFIs - Board Engagement for Successful Fundraising
5:30 - 6:30 SCACED Member and Sponsor Reception

Thursday, September 14 - Asset Building & Wealth Creation (Click for more details)
9:00 - 11:45 am Breakout Session I  & II
- CRA for Community Based Organizations - Investing in Rural Communities - Asset Development and Healthcare Costs
12:00 - 1:30 Keynote Lunch:
Andrea Levere, President & CEO, Prosperity Now (formerly the Corporation for Enterprise Development)
Legislators of the Year Awards Presentation
1:45 - 4:45 Breakout Sessions III & IV
- Alternatives to Payday Lending - Small Business Ownership - Workforce Development Programming
6:00 - 8:00 Reception on Beach Lawn

Friday, September 15 - Housing & Community Development (click for more details)
9:00 - 12:00 Breakout Session V & VI
- Using Data to Show the Pathway out of Poverty - Community Development Funders Panel - Housing Industry Transition  
12:00 - 1:30 Closing Luncheon:
Paul Weech, President & CEO, NeighborWorks America
Mother Emanuel and Ike Williams Award Presentation

*Subject to change


Policy Alert - We need your help to reinstate AFI IDA (Individual Development Account) Funding for FY 2018!

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On May 1, 2017 Congress passed a budget that did not include funding for the Assets for Independence (AFI) Individual Development Account (IDA) program.  We need you to call your Congressmen (House and Senate) and ask them to reinstate AFI IDA finding for FY 2018.

SCACED's IDA program which matches low income individuals savings 3:1 towards the purchase of a home, start a small business or go back to school started in 2000.  

South Carolina IDA Program Impact:

  • 112 Homes Purchased
  • 100 Adults went back to School
  • 189 Businesses Created
  • More than $16 million in Economic Impact in SC

Here are two steps we’re asking you to take by Friday, June 30:

1. Call or email your members of Congress (House and Senate) and urge them to include Assets for Independence (AFI) funding in the FY18 budget. Click Here to Find Your Elected Officials.

2. When you speak with your Senators, also ask them to sign on to Senator Merkley’s “Dear Colleague” letter (attached) in support of AFI in the FY18 budget. Deadline is Friday, June 30 to sign on! This “Dear Colleague” letter of support will be one of the last opportunities to fight to get AFI back in the budget, so I hope you’ll take a few minutes to remind your Senators of the impact of this cut. 


Thank you for all you do for your community!

SC State Legislators pass a State Earned Income Tax Credit

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The SC Association for Community Economic Development along with many partner advocates worked for years to lower taxes on low-wage South Carolinians and their families through a refundable state-level EITC worth 20 percent of the federal credit.

On May 11, 2017 a nonrefundable EITC worth 125% of the federal credit was tacked on to the "Roads" bill by Democratic lawmakers in an attempt to mitigate the burden of a proposed gas tax on lower-income workers. Governor Henry McMaster (R) vetoed the legislation on Wednesday for reasons unrelated to the EITC, but the legislature overrode his veto today, and the bill goes into effect July 1.

"Although the enactment of a state-level EITC will bring much-needed tax relief to many low-wage South Carolinians, the credit could benefit many more if it were eventually made refundable. Those earning the least owe little to no income tax and are often unable to benefit from nonrefundable EITCs, despite paying other taxes like sales and payroll. According to the Institute on Taxation and Economic Policy, only about 2% of South Carolinians with the lowest incomes (below $21,000) will benefit from the new EITC. Eventually making the credit refundable would help more of these families make ends meet. to sustain and enhance their programs, activities, and services." - Tax Credits for Workers and Their Families (TCWF)