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<p style="font-weight:bold; display: inline; line-height:150%; font-size: 115%;">P.O. BOX 6015 <br />COLUMBIA, MO 65205</p></div>
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<p style="font-size: 150%; font-weight: bold;">FOR IMMEDIATE RELEASE</p>
<p style="font-size: 120%; margin-top: -5px; font-weight:bold;">August 21, 2020</p>
<p style="float:right; font-weight:bold; margin-bottom: 25px; font-size: 100%; text-align:right;">CONTACT: Randy Cole
<br />Housing Programs Manager
<br />Community Development
<br />Housing Programs Division
<br />City of Columbia
<br />573.874.6321
<br />Randall.Cole@CoMo.gov</p>
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<div style="font-size: 110%; line-height:150%;"><h1 style="clear:both; margin-top: 75px; margin-bottom: 10px; font-weight: bold; font-size: 130%;">Federal Reserve Bank of St. Louis names Columbia housing partnership as a best practice</h1>
<div class="content"><span style="padding-left: 50px;">(COLUMBIA, MO)</span> - The Federal Reserve Bank of St. Louis is recognizing the Columbia Community Land Trust, City of Columbia and Providence Bank Cullimore Cottages project as a best practice in this region for creating public-private partnerships that support affordable housing and community development efforts. This partnership is recognized as an exemplary model for how local public, private and philanthropic resources can transform neighborhoods, preserve affordability and provide economic opportunity to underserved communities. This recognition will help the CCLT further its efforts to create a sustainable non-profit community land trust organization dedicated to creating and stewarding affordable housing for generations to come. To view the official announcement from the Federal Reserve, follow this link: <a href="https://www.stlouisfed.org/publications/bridges/volume-3-2020/philan
thropic-culture-lasting-partnership-columbia-missouri">https://www.stlouisfed.org/publications/bridges/volume-3-2020/philanthropic-culture-lasting-partnership-columbia-missouri</a><br /><br />For more information, contact Randy Cole at 573.874.6321 or Randall.Cole@CoMo.gov.</div>
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<div style="margin-top: 15px; margin-bottom: 20px; text-align:center;"><p>City of Columbia Vision<br>
<em>Columbia is the best place for everyone to live, work, learn and play.</em></p>
<p>City of Columbia Mission<br>
<em>To serve the public through democratic, transparent and efficient government.</em></p>
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<p style="text-align:center;">-30-</p>
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