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Community investment plan

community investment plan

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The GPS to your investment destination

It might sound like a lot of work, but developing your investment plan is really investmfnt figuring out the answers to a few questions. Imagine you want to visit a friend, but you don’t know where she lives. Would you get in your car and start driving, hoping you’ll eventually find her? No—you’d get her address and map your route. Think of your investment plan as a map to get you to your financial goal.

HCP Homes & Opportunities

community investment plan
Downtown Taunton represents our City s highest concentration of lowerincome residents, with Census data. PAGE 1. The Board meets as a whole at least four times per calendar year, and Board committees meet at least three times per calendar year. The DTF Board includes Downtown residents, business owners, artists, community leaders, and representatives of nonprofit organizations serving the neighborhood. As stated in our corporate by-laws, at least one-third of the Directors are members or representatives of the low-income community.

Community Investment Plan

Downtown Taunton represents our City s highest concentration of lowerincome residents, with Census data. PAGE 1. The Board meets as a whole at least four times per calendar year, and Board committees meet at least three times per calendar year. The DTF Board includes Downtown residents, business owners, artists, community leaders, and representatives of nonprofit organizations serving the neighborhood.

As stated in our corporate by-laws, at least invfstment of the Directors are members or representatives of the low-income community. Engagement: Real Estate Development DTF s affordable housing, commercial, and mixed-use real estate development projects are initiated and overseen by our representative Board of Directors. We also work in close relationship with Taunton s Office of Economic and Community Development to ensure that our development initiatives support and complement the City of Taunton s overall economic development and Downtown revitalization goals and strategies.

Engagement: Economic Development Downtown residents and small businesses are the primary planners, facilitators, and beneficiaries of DTF s economic development activities. DTF offers arts and cultural events throughout the year to promote the social and economic development of the neighborhood. These events include the Taunton Creates! Volunteer committees made up of DTF Board members and other interested community members coordinate these events with support from DTF staff.

Our Small Business Technical Assistance Programs are targeted to address the specific needs of the Downtown business community. SECTION 3: Plan goals DTF s goals, and the goals of this CIP, are the physical, social, and economic revitalization of Downtown Taunton, specifically of the area identified as the Taunton Business Improvement District, through cultural and educational programming, historic preservation, the expansion of economic opportunities for low- to moderate-income persons, and the provision of decent housing affordable to low- to moderate-income persons.

Achieving these goals will create economic opportunity and improve quality of life for Downtown s low- to moderate-income residents. The entire community will benefit from a revitalized Downtown which is more vibrant, viable, convenient, attractive, and safe. PAGE 2. Renovation of the building for first-floor commercial re-use, with two second-floor affordable apartments, is expected to be completed by Januarywith occupancy by spring First District Courthouse, 11 Court Street DTF is currently under a purchase and sale agreement with the Bristol County Commissioners to acquire Downtown s former First District Courthouse, an historic 19 th century building vacated by the County in DTF s plans are to rehabilitate the structure, including adding an elevator for accessibility.

We will then market the first floor as commercial space and create a community-oriented arts and events center on the second floor. Historic tax credit applications to support this project were submitted in Mayand a small capital campaign was initiated in October Winthrop Street In NovemberDTF in partnership with The Neighborhood Corporation TNCanother local CDC was awarded receivership through the state Attorney General s office of this troubled former bar and boarding house.

DTF and TNC are collaborating to clean up the site and transform 15 Winthrop Street into five units of apartment housing, inevstment one handicapped accessible unit on the first floor.

Union Block, Main Street DTF is engaged community investment plan a team of community partners on plans to sustainably redevelop this historic block of connected Main Street buildings, which are currently threatened by deterioration and persistent vacancies. Plans are to revitalize the traditional storefronts on the first floor for use by small businesses, with a new Workforce Training Center anchor tenant to utilize the interior and rear of the block s first floor. The second and third floors will be transformed into plus affordable and market-rate apartments.

PAGE 3. Arts and Cultural Programming As part of DTF s comprehensive approach to neighborhood revitalization, the organization hosts a year-round series of arts and cultural programs in the Downtown neighborhood that highlight the area s history, public spaces, artists, arts organizations, and businesses.

Local residents, artists, plzn business people are involved in all aspects of planning and facilitating these programs, which have a positive impact on the area s economic development and the neighborhood s sense of place and community pride. Specifically, the criteria for success for the pipeline projects listed above are: 15 School Street construction completed and full occupancy by spring First District Courthouse capital campaign completed and financing in place by summer ; construction completed by the end of calendar year Winthrop Street financing in place and construction begun by the end of Union Block development team, funding strategy, and project timeline established by the end ofwith construction begun by the end of Evaluation: Economic Development DTF s economic development commuity combines small business technical assistance with arts and cultural programming and arts space development.

DTF staff will comminity responsible for tracking these indicators with the goal of quantifiable increased impact over time. The DTF s partnership with the Taunton Business Improvement District increases DTF s organizational capacity by sharing staff and office space, collaborating on marketing and outreach, and providing complementary Downtown revitalization programs including enhanced maintenance, beautification, marketing, and public safety services.

In turn, the DTF actively participates in other community groups and agencies arts and cultural initiatives, such as the City of Taunton Mayor s Office s annual Lighting of the Green downtown holiday celebration, for which DTF provides outreach and planning, volunteer coordination, and marketing assistance.

PAGE 5. This CIP s strategy for the integration of the arts and culture into community development was outlined in June in an application to the Massachusetts Cultural Council s Adams Arts Program to support Downtown Taunton Creates, a collaborative program involving 16 community and government partner organizations. Both the real estate development and economic development activities outlined in this CIP are also described in the Taunton Business Improvement District s Strategic Plan.

We plan to apply for a capital grant from this fund in to fund implementation of the project. Individual Donations, Corporation Sponsorships, and Bank Foundation Grants DTF conducts an annual membership drive for individual donations, solicits corporate sponsors for our arts and cultural events, and seeks grants from local and regional banks that have a commitment to community development in order to support our mission.

Construction and Mortgage Loans DTF is experienced in applying for and managing loans necessary to finance major real estate projects. In particular, we regularly partner with Taunton-based bank Bristol County Savings Bank to finance our community development projects. PAGE 6. Successes to comunity include: DTF partnered with the Taunton Business Improvement District and The Neighborhood Corporation on the development of the Baron Lofts, a vacant warehouse that was transformed in into six, one-bedroom loft apartments including three affordable unitsa community art gallery, and office space.

DTF purchased, at auction, a foreclosure property at 15 School Street in the Downtown and is currently in the process of rehabilitating the project as first-floor commercial space with two affordable apartments on the second floor.

Since our founding, DTF has initiated and coordinated Downtown arts and cultural programs, including the Taunton Creates! Specifically: DTF s Downtown Taunton real estate development projects are all examples of the reuse of existing structures and infrastructure, and several protect historic resources.

DTF s housing development expands opportunities for people of all abilities, income levels, and household types, and has included in the past and will continue to include in the future affordable, handicapped-accessible, and multi-family housing options. PAGE 7. NeighborWorks Southern Mass Community Improvement Plan Mission NeighborWorks Southern Mass believes that affordable housing and stable neighborhoods help individuals and families realize their. The SID is proactively working to combat these challenges and is poised to take the necessary steps to ensure downtown transitions from these difficult times to a commujity and active center Strategic Planning.

This is a sample proposal. Our sample is a proposal from a community-based non-profit commuinty seeking private foundation funding. September Volume 7 Issue 5 Land Banks and Affordable Housing You can hardly turn on the news today without hearing a report that the number of foreclosed properties continues to rise nationwide. The production of new affordable. Establishing financing mechanisms for purchase. Environmental Justice Questionnaire for State Agencies When answering the questions below please note if your answers are agency or program specific 1.

Do you consider environmental implications when working. Section I. Program Description: 3 Section II. March 13, A Citizen Participation Plan sets forth the policies and procedures for citizen participation in the development of the five-year Consolidated Plan, annual. Department investjent Housing and Urban Development. Executive Summary Community Profiles The Community Profiles focus on four study areas in Waco and compare the demographics in those study areas to the overall city.

The study areas are North Waco area. Empire State Housing Investment Fund Proposal Goals: To expand the resources dedicated to addressing the affordable housing needs of low income New Yorkers; To establish a fund invesment enough to be responsive. Overview Thousands of residential properties requiring moderate or substantial rehabilitation are located.

Lending is a tricky business It s a delicate balance between helping someone and pushing them pplan the cliff Virginia Community Capital and the June commuinty, 2 Lending is a dangerous business.

Even. Others look upon it plna a cow that they can milk. Only a handful see it for what it really is. Plqn In Our Communities. Seattle s housing reality 2, people are living without shelter in Seattle. Over 45, Seattle households pay over half of their income on housing.

Average rent for a 1-bedroom. Planning and Heritage Comnunity theme is examining the current built form, policy framework and zoning in the Study Area to help inform the larger Revitalization Initiative. Staff will bring forward recommendations. Focused Issues 1. Economic Development Economic development efforts require a multi-faceted approach to best serve the current workforce, train the next generation, and position the City to adapt.

Faced with record-high. Artspace Consulting is a division of Artspace. Brief Overview Economic Doldrums? Why does TBI matter?

The Troubled Buildings Initiative has opened the door to a wide range of new or previously underutilized techniques for saving at-risk buildings: buying notes and mortgages, then completing.

Charter Number: North. In particular, they should evaluate the CDFI s service area relative to the bank. Land Assembly and Redevelopment What is it?

Land is location, and location is the most valuable asset in commuity real estate development. The right land transaction is crucial to each of the twin objectives. Building Affordable Housing olan 22 Years Mi Casa was founded in with a mission to foster diverse neighborhoods through redeveloping existing buildings and infill lots into affordable housing opportunities. Compass Affordable Housing, Inc. Stone Ave. Tucson, AZ Non Profit Social Financing What do you need to know?

What is Clmmunity Brown Lt. Governor Maryland Department of Planning. Tax Increment Financing Set aside new «incremental» tax revenues to raise financing for a project or public improvements. Financing can be on pay as you go basis, debt, or developer financing Base year. For further information. Wishing. The use of skill and imagination in the creation of aesthetic objects, environments, or experiences that can be shared with. A Leader in Commercial. FWP is soliciting qualifications from qualified cmomunity for the development.

Community Investment Plan

Mapping out your plan

Feedback opportunities include: attend neighborhood project meetings, provide ideas in writing to 10 Civic Center Plaza, Mankato, MN,give input at a City Council meeting, send email to staff, or simply call or FYI for those planning to attend tonight, we are ON! I feel safe and secure. City news Snow emergency alerts View Despite challenging weather and power outages, we gathered nonetheless because we are a gritty bunch! Onvestment Homes. Donate Join Our Mailing List. From our Annual Event, Re-Imagining Community, our tables were community investment plan with fresh picked plam from Beverly and food collected as a part of a food drive in collaboration with the Waring School, given to Acord Food Pantry that evening. Because everyone deserves a home.

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