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Community Development Through Small Business Financing

Mark Marich

Every other year, community development professionals gather to review best practices and network at the National Interagency Community Reinvestment Conference. Unlike previous efforts though, the 2012 conference focuses squarely on new and small businesses and the role they can play in community and economic development.

Sponsored by the Federal Deposit Insurance Corporation, the Federal Reserve Bank of San Francisco, the Office of the Comptroller of the Currency, and the U.S. Department of the Treasury's Community Development Financial Institutions Fund, the conference will feature sessions on CRA compliance and innovative community development strategies, and will again host the National Community Development Lending School, an intensive training program for professionals in the field.

The 2012 Community Reinvestment Awards: Strengthening Small Businesses for Economic Recovery includes an awards program based on outstanding examples and track records for financial institutions that are working to strengthen small business. Recipients of the award will be recognized during the conference, scheduled for March 25-28 in Seattle. Nominations (online | PDF) are open until January 13, 2012.

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