Orange County NC Website
Browse       Search
Conclusions <br /> Student population causes cost-of-living to rise beyond <br /> affordability of permanent residents. <br /> Job training and skills development should be put in place for <br /> black residents. <br /> Establish spending opportunities for area residents within <br /> targeted area. <br /> Need mechanism for black business expansion and start-ups. <br /> Responses <br /> Local Establish revolving loan fund (high risk) for black businesses. <br /> Develop incubator for black businesses. <br /> Establish micro-enterprise program. <br /> Organize businesses for networking and commonalities. <br /> Develop and administer on-the-job training program. <br /> Create more black business ownership opportunities. <br /> Inspire and promote church and commercial lender involve- <br /> ment. <br /> Encourage local usage of federal Community Development <br /> Block Grant. <br /> Broader Solicit congressional, federal and state support. <br /> Join N.C. Association of Community Development Corpora- <br /> tions, N.C. Institute of Minority Enterprise Development, <br /> and N.C. Commission of. Community Development Corpora- <br /> tions. <br /> Support Community Reinvestment Act and invite review of <br /> local lending practices. <br />