Communities have the best chance to grow and prosper when a neighborhood’s residents and business owners work together to improve their community and increase their well-being. This happens when a community identifies neighborhood assets – such as land, buildings, businesses, workforce, and purchasing power – which become a base from which to organize and attract investment and increased economic activity. The tangible results are civic engagement, better places to live, new and growing businesses, more employment, and useful public spaces – in short, a community where everyone has an opportunity to prosper – goals shared by all Floridians.
The Florida Alliance of Community Development Corporations (FLACDC) is a statewide membership organization of community-based development corporations (CDCs), community housing development organizations (CHDOs), community action agencies (CAAs), and their partners and stakeholders. Its mission is to lead Florida’s community development field and its partners in shaping strategies that advance community prosperity. Their members work with their communities to develop existing assets and attract new ones. As communities are successful, the people who live there have greater opportunities to increase their own wealth and contribute to the well-being of the community as a whole.
Greenberg Traurig Shareholder James O. Lang will present "Using New Markets Tax Credit for Homeownership," which will detail how the federal tax credit program, New Markets Tax Credits (NMTC), can advance homeownership by providing flexible, low-cost capital to qualified entities that support homeownership efforts through building more single-family homes, offering more affordable mortgages, and homeownership support services to home buyers with low and moderate incomes and residents of disinvested communities.