Financing Opportunities in Rural Communities

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The Federal Reserve Banks of Atlanta, Cleveland and Richmond, in partnership with the Appalachia Regional Commission, hosted a series of webinars about Financing Opportunities in Rural Communities

Are you looking for new ways to invest and make a difference in your local community? Through a series of interactive webinars, community and regional banks had the opportunity to learn about credit enhancements that encourage investment in their own small towns and rural areas. Each webinar featured case studies from community bankers and other strategic partners on how they have financed Central Appalachian community facilities, infrastructure, housing and historic development projects.

September 14
Building Community Facilities

Learn first-hand how a small Central Appalachian bank worked with a variety of investors, partners and credit enhancement tools to finance the development of a much-needed rural health center in Duffield, Virginia.

Agenda and Presentations

October 21
Improving Energy Infrastructure

Find out more about financing programs designed to bolster energy efficiency and renewable energy investment projects. Also hear from community partners on the opportunities and challenges for community bank collaboration with other organizations to improve the energy infrastructure in Central Appalachia.

Agenda and Presentations

November 16
Preserving Housing and Historic Buildings

Learn about the Low Income Housing and Historic Tax Credit programs and how they can be used to facilitate community development activities, including the development of affordable housing through the preservation of historic structures.  Speakers shared their perspectives and insights on how they successfully utilized these tax credits to renovate a long-standing, vacant school building in Winchester, KY into needed rental housing.

Agenda

Preserving Housing and Historic Structures: Introduction and Context

Historic Rehabilitation and Low Income Housing Tax Credit

Oliver School Project

Converting Community Liabilities into Assets

Case Study: The Oliver School Apartments

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