Wednesday, October 27, 2004

BACA Octoberfest

Via Jim Berry
Neighbors,

It is with pleasure that I invite and encourage you to participate in
Oktoberfest 2004 -- an event that is being sponsored by the Bates Area
Civic Association, Inc. and co-sponsored by Council Member Vincent B. Orange,
Northwest Cooperative Homes, the Metropolitan Police Department, Mount
Sinai Baptist Church, the Court Services and Offender Supervision Agency,
Soul Day Spa, Ben's Chili Bowl, Polly's Cafe, Safeway, Inc., City Year
Americorps, John F. Cook School, Ebenezer Baptist Church, Perry School Community
Center as well as the DC Department of Parks and Recreation.

Octoberfest 2004 will take place this coming Saturday, October 30 2004,
between the hours of 11:00 a.m and 3:00 p.m. at the triangle park
located at First and Florida Avenue, NW. The day's activities will include a
Chili Cook-Off, games, raffles and prizes. In addition, there will be a
modest flea market, information tables featuring various community services;
there will be a moon bounce for the children, along with face painting, arts
and crafts and a kick-boxing demonstration.

Oktoberfest 2004 is the first of a series of events that are being
scheduled to take place in the triangle park as we continue to make a serious
and a sustained effort to transform this location into the safe space for
children that it was intended to be. Won't you please join us in this
initiative.
We are in need of plenty of volunteers to make the activity a success.

If you have some time to volunteer on Saturday, please let me know as
soon as possible. That is, if each of us contributes a little, no one will
have to do a lot.

For more information regarding the event, you may visit our website at
www.oktoberfest.bacaDC.org.

Looking forward to hearing from you as well as to seeing you Saturday!

Best,

Jim Berry
ANC 5C

Tuesday, October 26, 2004

DHCD announces the American Dream Down-Payment Initiative (ADDI)

(Washington, DC) Stanley Jackson, Director, Department of Housing and Community Development (DHCD), announces the implementation of the American Dream Down-Payment Initiative (ADDI). ADDI aims to increase the homeownership rate, especially among lower income households, and tenants of public and assisted housing. ADDI also seeks to revitalize and stabilize communities.

ADDI will help first-time homebuyers with the biggest hurdle to homeownership: down payment and closing costs. The program was created to assist low-income, first-time homebuyers in purchasing single-family homes by providing funds for down payment, and closing costs. The maximum amount of assistance, under this initiative, per eligible household will be $10,000. Eligible households will receive assistance under this initiative in the form of a forgivable loan.

Eligibility Requirements:
Individuals must be residents of the District of Columbia and must have legally resided in the District of Columbia for at least one year at the time of application
Individuals must be first-time homebuyers. (A first-time homebuyer is defined as an individual and his or her spouse who have not owned a home during the three-year period prior to the purchase of a home in the District of Columbia.)
Individuals must be able to secure a first-trust mortgage from a reputable lender.
Applicants' income must not exceed the following limits:

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
$40,250 $46,000 $51,750 $57,500 $62,100 $66,700 $71,300 $75,900

Community-Based Organizations will begin accepting applications for the American Dream Downpayment Initiative on November 15, 2004.

Contact the organization nearest your residence to schedule a pre-qualification interview

Friday, October 15, 2004

ANC 5C meetings

From a Berry email.

Neighbors,

Below please find a public notice re. the next two meetings of ANC 5C.
Please share these data with your neighbors and make your best effort
to
attend.

Best,

Jim Berry
ANC 5C

GOVERNMENT OF THE DISTRICT OF COLUMBIA
ADVISORY NEIGHBORHOOD COMMISSION 5C
POST OFFICE BOX 77761
WASHINGTON, D.C. 20013
TELEPHONE: (202) 832-1965/1966
www.anc5c.org


PUBLIC MEETING NOTICES

Monthly Meeting

Invited guests include representatives from the following
organizations:

DC SPORTS AND ENTERTAINMENT COMMISSION
UNIVERSITY OF THE DISTRICT OF COLUMBIA
METROPOLITAN POLICE DEPARTMENT

Where: All Nations Baptist Church
2001 North Capitol Street, N.E.
When: Tuesday, October 19, 2004
Time: 7:00 P.M. until 9:00 P.M.


Monthly Forum

Where: Paul Laurence Dunbar Sr. High School
1301 New Jersey Avenue, N.W.
When: Tuesday, November 16, 2004
Time: 7:00 P.M. until 9:00 P.M.

Thursday, October 14, 2004

Some Housing alert






Extended deadline:
October 20


Urgent:
Preserve CRA in 1O minutes


Please
take a few minutes right now to write a brief e-mail comment and ask all
your colleagues to write one to preserve the Community Reinvestment Act
against a very serious threat. Comments are due October 20. Thank
you to the 861 people who responded to our first Alert in September.  We
need another big effort in the next week.

Background

Under current rules, small banks with assets under $250 million undergo a
limited CRA exam that covers only some basic lending activities. Larger
banks undergo a full CRA exam that covers lending, investments, and
services. Now the Federal Deposit Insurance Corporation (FDIC) has proposed
to allow all banks with assets under $1 billion to have the limited exam.
Only 4% of FDIC-regulated banks would face a full CRA exam. This change
would harm low- and moderate-income communities, and leave some states with
no banks subject to a full CRA exam. The Office of Thrift Supervision (OTS)
has already finalized a similar rule. The two other regulators, the Federal
Reserve Board and the Office of the Comptroller of the Currency, are
considering a similar change. Other changes could also follow.


It is critical that including community organizations and the general
public submit comments to the FDIC opposing the proposed change
. The
FDIC has already received a record 7,000 comments, but the majority are
from small banks supporting the FDIC's proposal. The Fed and the OCC are
watching closely to see whether community groups care. This is an
important moment for maintaining and expanding bank involvement in
communities.


How To Send a Comment
It is really
quick and easy. Just visit the target="_blank" href="http://lisc.org/cgi-bin/tr.pl?date=2004/oct/13&url=http%3A%2F%2Fwww%2Efdic%2Egov%2Fregulations%2Flaws%2Ffederal%2Fpropose%2Ehtml"
>FDIC website
and find "Community Reinvestment 12 CFR
Part 345". Click on "Submit Comment" and type in your comment. Your comment
can be very simple. For example:

"I oppose the FDIC's proposal to
allow banks with assets above $250 million to be examined as small banks
under the Community Reinvestment Act. This policy would reduce lending,
investments and services in low-income communities."

That's all
there is to it. Of course, feel free to write more if you wish.


For more information on this issue, please go to target="_blank" href="http://lisc.org/cgi-bin/tr.pl?date=2004/oct/13&url=http%3A%2F%2Fwww%2Encrc%2Eorg">National Community Reinvestment Coalition or target="_blank" href="http://lisc.org/cgi-bin/tr.pl?date=2004/oct/13&url=http%3A%2F%2Fwww%2Enaahl%2Eorg">National Association of Affordable Housing Lenders. We
also encourage you sign on to group letters that organizations may have,
but that is no substitute for sending individual letters.

THANK
YOU.





 










Monday, October 11, 2004

Bates Area Civic Assoc is PLANNING Oktoberfest

According to the little yellow flyer on my fence:
The Bates Area Civic Association is planning an Oktoberfest for Saturday October 30th. Their current ideas include a:
Chili Cook-off
Cornbread
Bratwurst and Sauerkraut
Hot Cider
Flea market
Live Music
Health and Wellness Table
Games
Prizes
and more
If you are interested in volunteering or renting space for the flea market contact the planning committee at oktoberfest AT arachnophile dot com.

Saturday, October 02, 2004

Bates Area Civic Association Meeting

This Monday Oct 4 @ Mt. Sinai Baptist Church, 7pm, in the basement. Go and maybe ask Jim Berry what's up with 3rd Street.

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