Community Development Finance Lab I
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Level: Undergraduate, Graduate
Division: The New School for Public Engagement
School: Milano School of International Affairs, Management, and Urban Policy
Department: Milano General Curriculum
Course Number: NURP 6009
Course Format: Seminar
Location: NYC campus
Permission Required: Yes
- Urban Policy
- Urban Studies
The Lab examines community capital markets through real-world projects and produces working tools, such as organizations can use every day. The course consists of three components: (1) the Pro-Bono consulting clinic that allows students to work in partnership with community based organizations to conduct feasibility studies and business plans for their community economic development projects, (2) seminars with community development finance experts where students learn about particular issues and techniques as well as are provided with networking opportunities, (3) workshops to build technical skills. This component of the course consists of workshops in which students learn about a particular community development finance tool, such as the New Markets Tax Credit and Low Income Housing Tax Credit, and work with spreadsheets from actual deals in order to gain a fine-grained understanding about how these tools are used and how deals are structured. This is the 1st part to a two-semester Community Development Finance Lab course sequence. Students must take Community Development Finance Lab II NURP6011 in the spring semester.
Course Open to: Degree Students with Restrictions
Open to Graduate students.