In this issue:

From ‘Poverty with a View’ to Housing Equity: Wells Fargo Teams Up with RCAC and HSNA to Bring Hope to Northern Arizona

Nearly half a century ago, the phrase “poverty with a view” was coined to poke fun at the exorbitant cost of living in Flagstaff, Arizona. Today, it serves as a bleak reminder of a worsening crisis that threatens to uproot the region’s most vulnerable communities. A journey through Northern Arizona can reveal some of the nation’s most awe-inspiring landscapes: Sedona’s fiery red rocks, the Grand Canyon’s imposing chasms and the world’s most extensive ponderosa pine forest. However, these breathtaking vistas offer little comfort to local communities grappling with a growing affordable housing crisis that threatens to plunge them into a relentless cycle of poverty.

Sacramento Business Journal honors RCAC in 2023 Diversity, Equity & Inclusion (DEI) Forum & Awards Ceremony

The Sacramento Business Journal’s DEI Awards program honors the individuals and organizations in the region that have demonstrated a commitment to promoting a more diverse and equitable community.

Training highlights

For questions about event registration, please email RCAC Events at registration@rcac.org or call (916) 447-9832 ext. 1429.

Safe Drinking Water Act & Consumer Confidence Reports Series (New Mexico)
August 9, 2023 | 9:00 AM – 4:00 PM Mountain Time | Online

This course provides basic information to water systems to familiarize themselves with the federal Safe Drinking Water Act in operating and managing their water systems. It will also provide basic training to board members/operators in creating and completing a Consumer Confidence Report utilizing the EPA’s CCRI-writer tool.

Internal Controls (California)
August 15, 2023 | 2:00 PM – 4:00 PM Pacific Time | Online

The purpose of this training event is to provide California small water systems with the tools necessary to safeguard assets and minimize risks to financial objectives. Many systems lack basic understanding of how to establish processes and procedures designed to improve the reliability of financial reporting and accountability to stakeholders; prevent loss of resources and public assets; and achieve budget targets. This training will be presented to provide managers and governing bodies with basic knowledge and emphasize tools/resources available to understand how to develop adequate internal controls needed to strengthen the water enterprise’s financial health.

RD Apply: Guidance on Applying for USDA Loans (Utah)
August 15, 2023 | 6:00 PM – 8:00 PM Mountain Time | Online

This free training will discuss the application and requirements for USDA funding. We will touch on eligible borrowers and projects, the application process, required documents, and the letter of conditions. This training is intended to educate communities on opportunities for funding, how to best prepare, and what to expect when applying.

Affordable Housing Loan Program

RCAC financing helps developers build single and multifamily affordable housing units for low-income families. RCAC’s housing loans allow for short-term acquisition, pre-development, site development and construction of single and multifamily affordable housing. If you are interested, please download our program flyer and learn more about loan application requirements. RCAC is a certified Community Development Financial Institution (CDFI).

Looking for a new and exciting career path?

Join our passionate team and make a difference in rural communities throughout the West! We work in diverse and low-income communities to increase access to affordable housing and safe drinking water, promote economic opportunity and job creation, and provide financing for community and economic development projects.