Analysis of Support System and Business Structure for Affordable Housing of Community Development Corporations in the U.S.

KIEAE Journal ◽  
2021 ◽  
Vol 21 (5) ◽  
pp. 129-135
Author(s):  
Dong-Hoon Lee ◽  
Chang Yi
Author(s):  
Veronica Olivotto ◽  
Eddy Almonte

New York City’s affordable housing stock is vulnerable to coastal flooding under current and projected climate scenarios. Flood vulnerability in this study, was intended as a factor of the exposure of affordable housing units to current and future floodplains as well as topographical elevation. Variables of socio-economic vulnerability included median household income by census tract, expiring affordability of rent-subsidized housing, and East Harlem’s most recent rezoning . The affordable housing in question is owned by two community-development corporations (CDCs) of the Northern Manhattan Collaborative (NMC), Hope and Ascendant based in East Harlem. Using GIS software and publicly available data from NYC Open Data and Mapluto, large scale mapping was conducted at the Borough-Block-Lot (BBL) scale to understand the exposure to coastal flooding of 101 properties owned by Hope and Ascendant, as well as a Hotspot Analysis of all the remaining units included in the NMC (48 more properties). Results show that Hope properties may flood more than Ascendants’, under both current and future floodplain projections. A contributing factor is topographical elevation, where Hope Properties are at lower median elevation (13.2 feet) than Ascendants’ (29 feet) and also lower than the median elevation of both Central (22 feet) and East Harlem (15 feet). Results from the hotspot analysis shows that 20 of Hope Properties fall within Hot clusters of socioeconomic vulnerability, as well as 5 of Ascendant Properties. Overall the NMC Properties show a higher socioeconomic vulnerability than all the properties in East Harlem. This result is important considering that New York City’s stock of affordable housing hosts some of the most vulnerable populations in the city, with less ability to move elsewhere before or after a flooding event.


2021 ◽  
pp. 107808742110326
Author(s):  
Noli Brazil ◽  
Amanda Portier

Place-based policies commonly target disadvantaged neighborhoods for economic improvement, typically in the form of job opportunities, business development or affordable housing. To ensure that investment is channeled to truly distressed areas, place-based programs narrow the pool of eligible neighborhoods based on a set of socioeconomic criteria. The criteria, however, may not be targeting the places most in need. In this study, we examine the relationship between neighborhood gentrification status and 2018 eligibility for the New Markets Tax Credits, Opportunity Zones, Low Income Housing Tax Credits, and the Community Development Financial Institutions Program. We find that large percentages of gentrifying neighborhoods are eligible for each of the four programs, with many neighborhoods eligible for multiple programs. The Opportunity Zone program stands out, with the probability of eligibility nearly twice as high for gentrifying tracts than not-gentrifying tracts. We also found that the probability of eligibility increases with a greater percentage of adjacent neighborhoods experiencing gentrification.


Author(s):  
S.A. Vlasyuk ◽  
◽  
O.V. Rolinskyi ◽  
Yu.A. Tsymbalyuk

Today, in Ukraine and, of course, all over the world, the agricultural sector is an important component of the economy. As an agrarian country with huge natural resources, the agricultural sector in Ukraine is a potential branch of entrepreneurship that needs to be developed. Systematic review of the scientific sources of existing researches in the field of agriculture taking into account the current challenges concerning researches contextualizing on the nature of entrepreneurship and focusing on its role in the agricultural sector is important. The purpose of this article is to substantiate theoretically the essence, organizational-and-legal forms and other basic aspects of the functioning of business structures in the agricultural sector. It was found that entrepreneurial activity in Ukraine takes place in the context of reform and in constant conditions of complication of agricultural production, domestic economic environment and against the background of increasing globalization of the world economy. Intensive development of economic processes in the agricultural sector determined the objective need to adapt entrepreneurial activity to new business conditions due to the limited resource potential of each business entity. It was found that agriculture is a main factor in resource conservation, self-sufficiency, development of rural territories, social and cultural guarantees. However, there are problems that limit its development, such as employment mismatch, lack of effective entrepreneurial orientation and productive investment in the agricultural sector, inefficient credit policy, technological backwardness and underdeveloped infrastructure, imperfect support system, vulnerability of a significant part of the main beneficiaries in agriculture, inability of business structures in the agricultural sector to constructive competition in regional and international markets because of the lack of proper legal framework, etc. It was offered to consider the business structure as an organization that has specific features that allow forming alternative views on the future and combines several aspects of entrepreneurship and a flexible, mobile structure, specific decision-making mechanisms. Creating a business structure in the agricultural sector requires a balanced decision, because the relevant knowledge, innovative ideas, financial support, use of new technologies that are necessary for competitiveness at a global level play an important role in its further activities. Further development of entrepreneurship in the agricultural sector requires the formation of a favorable business environment, effective government support, development of financial support system, improvement of crediting regimes, implementation of regional programs, development and realization of measures for information, consulting and staffing support, infrastructure development, etc.


Author(s):  
Edward G. Goetz

This chapter describes the tension between integration and community development from the 1940s through the end of the 1960s. It describes the conflict within the African-American community between efforts to achieve integration on the one hand and building power and capacity within the community on the other. It describes the emergence and evolution of the fair housing movement in the U.S. Finally, the ways in which this conflict played out during the civil rights and Black Power eras is highlighted.


Author(s):  
William Serrano-Franklin

Amaniyea Payne, dancer/choreographer and Artistic Director of Muntu Dance Theatre, offers her reflections on Muntu’s more than four decades in Chicago, Illinois. There, in mid-west U.S.A., Muntu shines a bright and powerful light on African dance, due in major part to its artistic and educational vision, which has been influenced by Payne’s artistic research and global dance connections. Her research and artistic experiences display the seminal connections among Diaspora dance artists, highlighting their similar concerns regarding education of African, diasporic, and non-African peoples. Payne and Muntu exemplify the characteristic duality of professional African-based dance companies in the U.S.: on the one hand, she and the company develop and present fascinating, contemporary choreographies using traditional African vocabularies and on the other hand, they are enmeshed in educational projects and neighborhood and community development through dance.


Author(s):  
Georgia Levenson Keohane

A globalized world means that the challenges we face are not confined to any one geography or sector; nor must be the solutions. Local carbon emissions produce global warming. Epidemics spread with rapid and cruel caprice. Conflict drives people over fences and oceans in search of sanctuary. Poverty exacerbates all of these problems, and investing in its alleviation is the paramount public good. Accordingly, innovative finance allows and encourages integrative, borderless thinking that makes critical linkages and investments across issues and regions: poverty and environmental degradation, public health and global warming, humanitarian disasters and long-term resilience, and community development that is both place- and people-centric. That is why, when it comes to finance, innovation is not so much about a new product or service as it is about creative application in different circumstances: an expert in securitization who translates future development aid pledges into vaccines today; an entrepreneur who turns a mobile phone into pay-as-you-go solar electricity; the conversion of pay-for-success contracts from bridges and roads to affordable housing, early childhood education, and maternal health. This adaptive approach—the ability to think beyond bounds, to overcome market failure in one context with market solutions from another—is a hallmark of innovative finance....


Author(s):  
Rafael Diaz ◽  
Barry Charles Ezell

Deciding on an appropriate training solution mix at the strategic level of U.S. Army training support system enterprise to support warfighter preparation is a complex matter. One of the most important problems is integrating qualitative and quantitative multiple sources of influential information. There are many goals to accomplish while they are constantly changing. However, the best training solution mix option that both minimizes resource impact and maximizes training throughput must be selected. The objective of this paper is to introduce a decision-making methodology based on the Analytical Network Process (ANP) for the U.S. Army Training Support System (ATSS). The methodology assists in the evaluation of training alternatives to help strategic decision makers to select the best mix of training components and strategies. An application of the proposed methodological framework is performed in real world example. The problem involves deciding the right mix of training solutions for urban operation training among a group of selected options.


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