[CPEO-BIF] MIT and MACDC Fellowship Announcement

[CPEO Moderator <cpeo@cpeo.org>]

The Minority Community & Regional Economic Development Internship and
Training Fellowship:

The Massachusetts Institute of Technology (MIT) and the Massachusetts
Association of Community Development Corporations (MACDC) announce the
recently restructured 2001-2002 Minority Community and
Regional Economic Development Internship and Training (C.R.E.D.I.T.)
Fellows Program.

 The C.R.E.D.I.T. leadership development fellowship seeks to recruit and
train people of color for positions in the community development field. The
program offers Latinos, Native Americans, African Americans, and Asian
Americans an opportunity to work at a Community Development Corporation
(CDC) in a paid internship, while matriculating through the MIT Department
of Urban Studies and Planning Master in City Planning program.

 Participants have the opportunity to gain experience in one or several of
the following areas: 
Metropolitan-wide and community-based planning
Small Business assistance and job creation
Affordable housing financing and development
Real estate development and analysis
Environmentally sustainable development

Three fellowships are available and include--(a) a two-year full tuition
grant, (b) a $7600 work-study stipend for each academic year, and (c) a
$6800 summer stipend for an internship completed between the two academic
years.

Fellowship recipients must be willing to make a commitment to a two-year
part-time internship with a CDC, including summer between first and second
years of the Master in City Planning program, and a commitment to working
at a local CDC for two years upon graduation.

Applications to MIT/DUSP are due January 3, 2001 and C.R.E.D.I.T.
applications will be accepted until February 1, 2001.

MACDC is a state-wide trade association for CDCs in Massachusetts.  CDCs in
Massachusetts are entrepreneurial, community-based organizations working to
revitalize and improve the quality of life in low- and moderate-income
neighborhoods. They do this by developing affordable housing, creating
jobs, supporting small-businesses, and organizing residents to address
community issues themselves.

The Master in City Planning program in the Department of Urban Studies and
Planning is two-years and focuses on economic and social life of cities and
regions, as well as on initiatives to improve the lives of city residents,
particularly those of low- and moderate-income.

If this opportunity sounds appealing to you, get more information on the
DUSP website: http://web.mit.edu/dusp/www/ 
or call MACDC at (617) 426-0303 or MIT (617) 253-0525.

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