CDFIs and Resilience:

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1 CDFIs and Resilience: Creating Strong, Inclusive, Prepared Cities with Community Development Finance #OFNCONF #CDFIsINVEST CDFIs and Resilience: Creating Strong, Inclusive, Prepared Cities with Community Development Finance Opportunity Finance Network (OFN) Conference 27 September

2 Liz Yee Vice President, 100RC City Otis Rolley Director, North America, 100RC United States & Stewart Sarkozy Banoczy Senior Advisor, 100RC Acting Director, Europe & Middle Christine Morris Chief Resilience Officer Norfolk, Liz Yee Vice President, 100RC City 2

3 The world is in trouble. 6 I 35W Mississippi River bridge collapse in Minneapolis, USA 3

4 10/5/ Yiwu, China produces 60% of the world s Christmas decorations and accessories 8 In 2009, the deadliest bush fire in Australia s history caused over 173 deaths and destroyed over 2,000 homes in and around Melbourne. 4

5 9 Hurricane Maria in Puerto Rico (Urban) Resilience is the capacity of individuals, communities, institutions, businesses, and systems within a city to survive, adapt, and grow no matter what kinds of chronic stresses and acute shocks they experience. #OFNCONF #CDFIsINVEST 5

6 City Resilience Framework 12 drivers that determine the city s ability to withstand a wide range of shocks and stresses. #OFNCONF #CDFIsINVEST Cities are Mobilizing to Implement Resilience Solutions NORFOLK FINANCING WORKSHOP BOULDER BUDGETING & FINANCE CONVENING QV/NEIGHBORLY GREEN INFRASTRUCTURE CHALLENGE #OFNCONF #CDFIsINVEST 6

7 Otis Rolley Director, North America, 100RC United States & 100 Cities 7

8 10,000 Cities Partnering with cities for a better today and a stronger tomorrow. CHIEF RESILIENCE OFFICER RESILIENCE STRATEGY Urban Transformation GLOBAL NETWORK GLOBAL PARTNERSHIPS 8

9 Partnering with cities for a better today and a stronger tomorrow. CHIEF RESILIENCE OFFICER RESILIENCE STRATEGY Urban Transformation GLOBAL NETWORK GLOBAL PARTNERSHIPS IMAGE: CROs? NYC Chief Resilience Officer Daniel Zarrilli with Mayor Bill de Blasio 9

10 Global Network 10

11 Partnering with cities for a better today and a stronger tomorrow. CHIEF RESILIENCE OFFICER RESILIENCE STRATEGY Urban Transformation GLOBAL NETWORK GLOBAL PARTNERSHIPS IMAGE: RESILIENCE STRATEGY PLANNING SESSION PHOTO? Resilience Strategy planning workshop in Oakland 11

12 City Reslience Framework 12 drivers that determine the city s ability to withstand a wide range of shocks and stresses. Health & Wellbeing The health and wellbeing of everyone living and working in the city. Meets basic needs Supports livelihood & employment Ensures public health services 12

13 Economy & Society The social and financial organizations that enable urban populations to live peacefully, and act collectively. Promotes cohesive & engaged economies Ensures social stability, security & justice Fosters economic prosperity Infrastructure & Environment The way in which manmade and natural infrastructure provides critical services, protects, and connects urban citizens. Provides & enhances natural & manmade assets Ensures continuity of critical services Provides reliable communications & mobility 13

14 Leadership & Strategy Effective leadership, empowered stakeholders, and integrated planning. Provides leadership & effective management Empowers a broad range of stakeholders Fosters long term & integrated planning Section 3: From 100 to 10, Resilient Cities 28 Multiple factors contribute to resilience 14

15 15

16 URBAN RESILIENCE Initiatives 100 Resilient Cities 32 New Orleans, LA Berkeley, CA Oakland, CA Norfolk, VA Boulder, CO 16

17 Christine Morris Chief Resilience Officer Norfolk, Resilient City 34 17

18 Norfolk, Virginia Norfolk s Vision 2100 Future Land Use 18

19 Tactical Resilience Zoning Ordinance Rewrite Resilience Quotient Risk Mitigation Stormwater Management Energy Options Required on-site back-up generation for community-critical uses Resilient Building Codes Virginia USBC focuses on uniformity Conditions are not uniform Seismic areas Wildfire areas Snow load areas Coastal areas Water, Wind, Energy 19

20 Resilient Revitalization YOUNG TERRACE CALVERT SQUARE Building Young Terrace Calvert Square Year Built Number of Units Number of Residents , Tidewater Gardens ,659 Source: NHRA Source: NHRA TIDEWATER GARDENS Source: Virginia Pilot Liz Yee Vice President, 100RC City Thank you Otis Rolley Director, North America, 100RC United States & Stewart Sarkozy Banoczy Senior Advisor, 100RC Acting Director, Europe & Middle Christine Morris Chief Resilience Officer Norfolk, 20

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