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Cascade: No. 55, Summer/Fall 2004

District News

C. Sean Closkey, former executive director of the New Jersey Housing and Mortgage Finance Agency (NJHMFA), has become director of neighborhood investment strategy at The Reinvestment Fund.

Marge Della Vecchia, previously chief of staff in the New Jersey Department of Community Affairs, has become NJHMFA's new executive director.

Three Delaware bankers joined nonprofit housing leaders earlier this year in speaking before Delaware legislative committees recommending adoption of a five-year affordable-housing plan and funding to support the plan. The bankers are Lorraine deMeurisse, vice president of community development at Deutsche Bank Trust Company Delaware; Helen M. Stewart, vice president of community development at JP Morgan Chase; and Terri Hasson, vice president and CRA officer of Citibank Delaware.

Woodie A. Pagan of Rural Opportunities, Inc., recently started identifying affordable-housing and other real estate development opportunities for farmworkers in rural areas of Pennsylvania and New Jersey. Based in Philadelphia, Pagan is an attorney who previously was CEO of a community development corporation in Puerto Rico, COO of the State of New York Mortgage Agency, and an administrative law judge. He may be reached at (215) 203-3168 or wpagan@ruralinc.org.

Martin Bierbaum is executive director of the Municipal Land Use Center, an affiliate of The College of New Jersey that will help municipalities in Hunterdon, Mercer, Middlesex, Monmouth, and Somerset counties to implement smart-growth plans. He can be found at (609) 771-2831 or bierbaum@tcnj.edu; www.tcnj.edu.

Carlos Peraza, former director of the Philadelphia office of the Local Initiatives Support Corporation (LISC), has joined the Society Hill office of Prudential, Fox and Roach Realtors.

Art Garcia, previously administrator of USDA's Rural Housing Service and a former lender, is the new director of the CDFI Fund.

Two reports on the New Markets Tax Credits program produced this spring by CEOs for Cities may be seen at www.ceosforcities.org/research/index.htm.

The U.S. Conference of Mayors has started a national campaign to encourage mayors to participate in financial-education campaigns through community coalitions. Mayors are to promote local financial-education programs during Dollar Wi$e Week from September 27 to October 1, 2004. For information, call Carolyn Merryweather at (202) 861-6759 or see dollarwiseonline.org.

A Practitioner's Guide to Combating Predatory Lending, which describes nonprofit and public prevention and intervention strategies, may be accessed at www.lisc.org. The report was compiled by the Neighborhood Reinvestment Corporation and LISC.

Wachovia Corporation received Fannie Mae's Community Lending Hero Award for outstanding com+mitment to community lending and demonstrated excellence in helping reach underserved markets.

Project H.O.M.E. in Philadelphia received an award from the National Law Center on Homelessness and Poverty for addressing root causes of homelessness.

The latest issue of the Philadelphia Fed's SRC Insights contains articles on the final rule amending Regulation B, which implements the Equal Credit Opportunity Act, and on the difference between loan pre-approval and pre-qualification.

LISC's electronic newsletter has useful information on conferences, funding opportunities, and resources. To subscribe, go to www.lisc.org/resources/register.

The Housing Alliance of Pennsylvania has published Addressing Community Opposition to Affordable Housing Development: A Fair Housing Toolkit and has held a conference on this subject. To obtain a copy of the publication or to learn about ongoing work in this area, contact the alliance at (215) 576-7044 or info@housingalliancepa.org.