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Delta Communities: Making a Plan and Sourcing Financial Resources for Financing Community and Economic Development

Registration for these sessions has closed.

Date:  Thursday, Oct. 20, 2016
Time:  10 a.m.-1 p.m. CT
Location: Museum of the Mississippi Delta
1608 Highway 82 West
Greenwood, Miss. 38930 (map it)

Date:  Friday, Oct. 21, 2016
Time:  10 a.m.-1 p.m. CT
Location: Beth El Heritage Hall
406 Perry St.
Helena, Ark. 72342 (map it)

Hosted by the Federal Reserve Bank of St. Louis, this Delta Communities convening will bring together local leaders to discuss the many ways to finance community and economic development projects in the Arkansas and Mississippi Delta.

Creating a plan for financing community and economic development can be very complex. This session will explore what lenders look for as they evaluate the funding potential of initiatives, including data sources, different sources of capital, current trends in community development finance, and using the concept of “strategic doing” to create actionable community plans. Participants will learn about the funding sources available at the local, state and federal levels, as well as how it often takes a combination of several types of funding to fully capitalize different community and economic development projects.

These meetings are very similar in format and content; please register for either the event in Greenwood or the one in Helena.

Participation is free; however, registration is required by Thursday, Oct. 13, as space is limited. Lunch will be provided.

For more information, please contact Teresa Cheeks Wilson at 901-531-5109 or

Delta Communities Initiative

With an aim of strengthening communities across the Arkansas and Mississippi Delta region, the St. Louis Fed has launched the Delta Communities initiative to build awareness of promising tools and strategies for community and economic development through regional forums. The meetings will feature presentations from St. Louis Fed staff and regional and national representatives with experience in building and sustaining community and economic development efforts. Six forums, each of which will take place in both Arkansas and Mississippi, have been scheduled through the beginning of 2017, with additional dates to be announced later. Themes for the current slate of Delta Communities forums include or have included:

  • Identifying Challenges and Opportunities through Data and Dialogue
    June 9 – Greenwood, Miss.  | June 10 – Helena, Ark.
  • Understanding the Credit Environment for Small-Business Development and Expansion
    Aug. 11 – Greenwood  |  Aug. 12 – Helena
  • Building the Right Team and Relationships for Community and Economic Development
    Sept. 15 – Greenwood  |  Sept. 16 – Helena
  • Making a Plan and Sourcing Financial Resources for Financing Community and Economic Development
    Oct. 20 – Greenwood  |  Oct. 21 – Helena
  • The Role of Housing as an Asset for Families and an Economic Development Driver for Communities in the Delta
    Dec. 1 – Greenwood  |  Dec. 2 – Helena
  • Tapping the Community Reinvestment Act for Community and Economic Development
    Jan. 19 – Greenwood  |  Jan. 20 – Helena

Representatives from financial institutions, nonprofit organizations, small businesses, chambers of commerce, government entities and other local leaders are welcome to participate. While the first six forums will be in Greenwood, Miss., and Helena, Ark., leaders from communities across the Delta region are encouraged to attend.