The Community Development Block Grant (CDGB) program, with the stated goal of providing affordable housing, anti-poverty programs, and infrastructure development to economically underserved communities, was established through the Housing and Community Development Act of 1974. The law was a response to a funding moratorium placed on the
The United States Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States. The department oversees the Bureau of Engraving and Printing and the U.S. Mint, and together, these two agencies are responsible for printing
The Local Initiatives Support Corporation (LISC) started in 1979 with funding from the Ford Foundation to connect hard-to-tap public and private resources with underinvested places and people working to access opportunities afforded to people living outside of these communities. The premise is still as it
Enterprise Community Partners, Inc. (Enterprise) is a nonprofit corporation celebrating 40 years in the business of addressing the housing needs of residents of America’s communities that are inadequately met by the nation’s private sector housing market. The average income earned by the residents of these
The National Development Council (NDC) was founded in 1969 as a non-profit with the mission of increasing the flow of investments into economically underserved communities and providing them with community development in the form of better housing, the training needed to prepare residence for available
Based on this recently published article on November 7, 2021 Prairie View A & M University (PVAMU), a Texas HBCU, received a $50 million donation from MacKenzie Scott, the former wife of Jeff Bezos, who has quietly given billions of dollars to underfunded organizations since 2020. While this is a
Only after weeks of sit-ins protest, where students slept in tents outside the Blackburn University Center, protesting what they said were poor housing conditions and the lack of student representation on the Board of Trustees, were students at Howard University in Washington, D.C., able to
Steve Harvey, the acclaimed comedian, television show host, entrepreneur, and philanthropist, and Robert Smith , a billionaire tech investor and philanthropist touted by Forbes as the richest Black person in America, teamed up to provide HBCU students with additional resources to pay for the cost of a college
“HBCUs as Engines of Black Economic Mobility’’, an article by McKinsey Consulting, which is a management accounting firm established by a University of Chicago profess in 1926, lists five activities that HBCUs can provide to accelerate black economic mobility. HBCUs were and are still engaged in
The administrative leadership of Southern University is making a bold commitment to improve the living conditions of its students and the surrounding campus community by implementing a $760 million multi-year strategic master plan. The master plan is built upon the input obtained from the students