Please add your comments in the Form below. We are interested in bringing more federal, state, and local funding for Community Economic Development to Jackson and Surrounding Counties.  Not only that, but we need human and social capital; persons with formal expertise that don't mind sharing in an open forum.  This Forum is managed by Hazel Chism and the opinions expressed here does not respresent the opinions of Promise Seed CDC.

 

LOCAL AND REGIONAL, NATIONAL AND INTERNATIONAL COMMUNITY GROUPS MET AT THE JACKSON AREA CHAMBER TO DISCUSS HOW TO IMPLEMENT A COMMUNITY DEVELOPMENT FINANCING STRATEGY FOR RURAL WEST TN.

 

 MICHAEL O. MINOR WITH THE FEDERAL RESERVE BANK OF ST. LOUIS, MEMPHIS BRANCH PRESENTED BEST PRACTICES AND INDUSTRY LESSONS LEARNED THROUGH A POWERPOINT PRESENTATION ENTITLED "WHY IS COMMUNITY DEVELOPMENT FINANCING IMPORTANT"? 

 

JEFF HIGGS OF LEMOYNE OWNE CDC PRESENTED REAL EXPERIENCES IN BRINGING TOGETHER THE ENTIRE COMMUNITY TO BRING DEALS TO FRUITION.  PROMISE SEED CDC OF JACKSON WAS THE LOCAL ORGANIZER.  OTHER LOCAL GROUPS INCLUDED:

 

JAHO - JONAH AFFORDABLE HOUSING ORGANIZATION

 

JACKSON MADISON COUNTY AFRICAN AMERICAN CHAMBER OF COMMERCE

 

 

 

FIRST TENNESSEE BANK - IDA PARTNERS BANCORPSOUTH

 

 

THIS ACCESS TO COMMUNITY DEVELOPMENT CAPITAL FORUM WAS A HALF DAY CAPACITY BUILDING EVENT.  THE FORUM WAS  DESIGNED TO PROVIDE IN-DEPT UNDERSTANDING OF CAPITAL RESOURCES FOR COMMUNITY AND ECONOMIC DEVELOPMENT IN RURAL WEST TENNESSEE.  THE IMPORTANCE OF COMMUNITY DEVELOPMENT FINANCING, PREPARATION OF FEASIBLE PROJECT PROPOSALS, AND SOURCES OF FUNDING WAS DISCUSSED BY VARIOUS PRACTITIONERS AND AREA BANKS IN THE COMMUNITY DEVELOPMENT FINANCING FIELD. 

 

MARSH CAMPBELL OF REGIONS BANK GAVE CONCRETE STEPS TO TAKE BEFORE COMING TO THE BANK WITH YOUR PROPOSAL.  THE FORUM CONCLUDED WITH A WORKING LUNCH IN WHICH CURRENT ISSUES IN CED FINANCING WERE DISCUSSED. 

 

IT IS HOPED THAT ONE OUTCOME OF THE FOURM WILL BE THE DEVELOPMENT OF A FINANCING RESOURCE GUIDE FOR SMAL BUSINESS AND COMMUNITY INTERMEDIARIES IN RURAL WEST TN.  PARTICIPANTS LEFT WITH A BETTER UNDERSTANDING OF EXISTING RESOURCES FOR COMMUNITY DEVELOPMENT IN RURUAL WEST TN AS WELL AS A BETTER UNDERSTANDING OF HOW TOACCESS THESE FUNDS.

 

 

 

"hazel chism"

Promise Seed, Founder

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FEDERAL RESERVE BANK OF ST. LOUIS                                                  

 INTERNATIONAL COUNCIL OF SHOPPING CENTERS

 

JONAH AFFORDABLE HOUSING ORGANIZATION

 

 

                   

CARL PERKINS CHILD DEVELOPMENT CENTER                                                                         

                                                                                       REGIONS BANK- MARSH CAMPBELL (RIGHT)