School of Architecture and Planning

Here is the revised schedule

Monday November 5:  Meet from 8:45 to 11 AM 
Cleveland CDFI Case Write Due
Topics: Microenterprise Development & Federal Progrmas
Complete readings on Microenterprise Development (listed under October 31)
Complete readings on Federal Programs (listed under November 5)

Wednesday November 7, Meet from 9 AM to 11 AM
Topics:  Program Planning and Design, Discussion of Term Projects
Complete readings listed for November 7

Inner City Supermakert Case  Due 9 AM , November 19  (Case and Assignment at the end of Chapter 14 of the textbook) 

The following meetings have scheduled

Monday Nov 12

8:30 MQVN CDC

1:30 GNO, Inc

3:00 Good Work Network

4:30 Broadmoor Development Corporation


Friday Nov 16

11 GNO, Inc

Due to the storm, there will be no class on Monday October 29th.  The CDFI materials will be covered on Wednesday Oct 31 and the assignment deadline is changed to Monday November 5th.

Karl

Hi Class,

Here are the details and role assignments for the role play for next Wednesday, October 10th. 
If you have been assigned a role, please pick up background info from me after class tomorrow.

Karl

This role play exercise will provide an opportunity to simulate the decision-making process for a community loan fund and apply the business finance skills you have developed in the previous case studies.  In the Phoenix Forge case, the Community Loan Fund (CLF) has before it a financing request from Phoenix Forge.  The specific roles and assignments are indicated below.

 

The Loan Officer is responsible for presenting the loan request to the Community Loan Fund Board in a concise clear manner that summarizes the request, why the loan is desirable for the CLF, key lending issues, and makes a recommendation.  The President of the company will discuss Phoenix Forge’s business plan and why he/she believes the plan is sound and the company will succeed.  The City Economic Development Director will discuss the benefits to the city, the city's role in project financing and why the city supports the project. 

 

 The CLF Chair is responsible for running the meeting, calling on individuals to speak, maintaining order and getting the CLF Board to reach a decision on what action to take on the loan request.  The balance of the CLF Board is composed of the following individuals: 1 small business owner, the Chamber of Commerce Executive, 2 bankers (including the loan officer from First National Bank which is providing a line of credit to Phoenix Forge), 1 community activist, a city councilor and a labor union representative.  The role of the CLF Board is to ask questions regarding the proposed loan, the business plan, the financial projections and financing plan, and to make a decision on the loan request.  Prior to class, each CLF Board member should consider the issues raised in the case, the interests and concerns that their member would bring to the Board meeting, and be prepared with questions to ask.  A brief profile of each character/role and their interests is provided to the individual assuming that role.

 

After the role play we will discuss how the process worked and what is suggests about how the CLF might best structure its decision making process.  Please be prepared to discuss items that you thought should have been raised but were not, or what issues were not addressed adequately, as well as observations on how the process worked.  Also consider what challenges were faced by the CLF Board in balancing community benefits and the project’s financial risks.  How well did the board balance these issues?  How could CLF staff, the company and local officials help make the CLF Board job easier? The role-play will last about 50 to 60 minutes with the balance of class time used to discuss and reflect upon it. The presentations should be brief with the Loan Officer taking 5 to 7 minutes, the Company President taking 3 to 5 minutes, the City Economic Development Director 3 to 5 minutes, and the Phoenix Forge employee and Community Leader each having 1 to 2 minutes.  The he CLF Board will have about 30 minutes to ask questions, discuss the loan request and make a decision.

 

ROLE-Presenters                                                          PLAYER

Loan Officer                                                                RJ Williams

Company President                                                      Cathy Lin

City Economic Development Director                         Melissa Higby

Phoenix Forge Employee                                             Holly Masek   

Community Leader                                                      Christine Curella

 

Members of CLF Board

Chair                                                                            Pablo Posada

Loan Officer from First National Bank                                    Ying Gao

Banker                                                                         Drew Pierson

Business Owner                                                                       Cody Wero

Chamber of Commerce Executive                               Colleen McHugh

Community Activist                                                     Justice Castaneda

City Councilor                                                                         Anna Muessig

Union Representative                                                  Raimundo Cruzat

Hi Class,

I am extending the project workplan deadline to 9 :30 AM October 10th.

Please note that there is a short assignement on City Plaze due next Wednesday and then a full case studyt write-up of Phoenix Forge on October 10th. 

Karl