January 24, 2017

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 Community Development Press Releases

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Community development is the process by which civic leaders, activists, local citizens, and professionals improve various aspects of local communities. It empowers individuals with the skills needed to effect change, including building political power and working for a common agenda based on values of fairness, opportunity, and social justice.


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University of Pennsylvania, Fannie Mae, Trammell Crow, University Of Sciences In Philadelphia and First Union Announce New Partnership To Develop Rental Housing Opportunities In University City

Posted: Oct 12, 2000 – 12:00 AM EST

The University of Pennsylvania (Penn) and the University of the Sciences of Philadelphia today joined Fannie Mae (FNM/NYSE), the nations largest source of financing for home mortgages, and the Trammell Crow Company to announce an innovative new partnership to preserve and develop moderate-cost...

Fannie Mae Joins Ute Tribe to Announce New Homeownership Opportunities on Uintah and Ouray Reservations

Posted: Oct 06, 2000 – 12:00 AM EST

Ute tribal members will now be able to purchase a home on tribal trust lands using conventional mortgage financing thanks to a partnership between the Ute Indian Tribally Designated Housing Entity (UITDHE), Zions First National Bank, and Fannie Mae, (FNM/NYSE), the nations largest...

Freddie Mac And La Raza Unite To Help Increase Homeownership Among Hispanics

Posted: Oct 05, 2000 – 12:00 AM EST

Technology a Key Component of $2 million Initiative

Bank of America New Markets Initiative Exceeds $200 Million

Posted: Oct 04, 2000 – 12:00 AM EST

Catalyst Fund Supports Local Businesses and Entrepreneurs

City of Memphis, Wells Fargo, Freddie Mac And Local Non-Profit Groups Launch $20 Million Rehabilitation Effort

Posted: Sep 27, 2000 – 12:00 AM EST

Expected To Make Ownership Accessible To More Families, Neighborhoods

Gap Foundation Donates $50,000 for Hurricane Relief and Increases Matches for Employee Contributions

Posted: Sep 20, 2000 – 12:00 AM EST

SAN FRANCISCO, Sep. 20 /CSRwire/ - In response to the devastation caused by Hurricanes Charley, Frances and Ivan, Gap Foundation has pledged $50,000 to the American Red Cross to aid its disaster relief efforts. Gap Foundation also announced plans to further assist relief...

Fannie Mae and California Housing Finance Agency Announce Successful Preservation of Affordable Rental Housing in California; Innovative Financing Structure Preserves Over 23,300 Section 236 Rental Units

Posted: Sep 18, 2000 – 12:00 AM EST

A groundbreaking bond transaction between Fannie Mae and the California Housing Finance Agency (CHFA) has laid the groundwork for the successful preservation of more than 23,300 units of affordable rental housing units in 279 separate locations throughout California that could be at risk...

Metro Atlanta Anti-Predatory Lending Effort Moves Forward

Posted: Sep 14, 2000 – 12:00 AM EST

Eleven More State, Local and Community Agencies Join Freddie Mac, City of Atlanta, DeKalb and Fulton Counties To Launch "Don't Borrow Trouble" Campaign

Freddie Mac Anti-Predatory Lending Effort Expands to DeKalb, Fulton Counties

Posted: Sep 06, 2000 – 12:00 AM EST

Counties will Join Atlanta in "Don't Borrow Trouble" Public Service Campaign

Bank of America and Goodwill Industries Expand Collaboration; Program Provides Jobs for Welfare Recipients

Posted: Aug 31, 2000 – 12:00 AM EST

Bank of America and Goodwill Industries International announced they are expanding their collaboration through a national partnership that will result in more work opportunities at the bank for Goodwill clients across the U.S. Under the agreement, Bank of America will work closely with...

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