Central Baptist Community Development Corporation (CDC) and InterNeighborhood Foundation of Wilmington (INF) have joined together to launch a new business venture, Community Restoration Collaborative, Inc. (CRC). CRC will work to purchase, rehabilitate, and develop real estate with the initial focus on the Eastside of Wilmington. It is the intent of CDC and INF that the Community Restoration Collaborative will integrate these activities with workforce development efforts as to create real and on-going employment opportunities for neighborhood residents and other program participants.
The CRC will integrate the community development workforce development/employment training expertise of INF and CDC. INF has a proven track record of implementing/managing affordable housing projects and community development initiatives in the Eastside, Midtown Brandywine, and other areas of the City throughout its 30 year history. CDC offers a quality workforce development training curriculum that overlaps with their employment placement agency, Eastside Employment Services. They are currently engaged several efforts that model our vision for CRC
“This joint venture is an example of everything the Eastside Rising plan was intended to do”, says Rev. Dr. Terrance Keeling, President/CEO of Central Baptist Community Development Corporation. “Through this joint venture, Central Baptist CDC and INF will be able to address housing stabilization from the strengths of both organizations. In doing so, we will be taking an approach to community development that focuses on people as well as the brick and mortar. As a man of faith, I believe that this is a match made in heaven that will bring change according to the will of God for our Eastside Community. The Eastside is Rising”
“INF is extremely excited regarding the possibilities of this initiative”, says Timothy Crawl-Bey, Executive Director of INF. “As an organization, we have never believed that addressing housing, in and of itself, was or is a cure all for revitalizing our communities. In addition, success is rarely achieved without the benefit of excellent partners, and we have one in Central Baptist CDC. Our combined effort takes a more comprehensive approach to community development and has the potential for a much broader, longer-term impact. We look forward to the challenges and opportunities that lie ahead”.
For more information on CRC, please contact INF at [email protected].
INF serves on the Wilmington Conservancy Land Bank’s Technical Advisory Board. The board consists of 10+ community-based organizations engaged in neighborhood and community development in the City of Wilmington. The technical advisory board provides essential guidance and instruction on issues for the Governing Board to be aware of to inform policy.
The Wilmington Neighborhood Conservancy Land Bank was created to address vacant property issues in the City of Wilmington, and is dedicated to the productive and adaptive re-use of problem parcels. The function of the land bank is to unify funding for revitalization projects in Wilmington, and to provide overarching support to invest in strategic issues in Wilmington’s communities.
The Wilmington Conservancy Land Bank is 1 of 120 land banks operating nationally. Land banks work to strengthen neighborhoods by acquiring and converting tax-foreclose properties into productive use; developing strategies that directly support the implementation of local land use goals and meet community needs, engaging residents and their community stakeholders, and collaborating across the public private and non-profit sectors to address problem properties. Land banks are often designed and empowered specifically by legislation to address an inventory of problem properties the private market has discarded, and convert them into assets that advance community-based goals.
“I believe the Land Bank can become an important tool in addressing vacant and problem parcels within the communities we serve”, Stated INF Executive Director Timothy Crawl-Bey. “It will be critically important that the Land Bank not only acquires property(s) but also has adequate resources to demolish and/or maintain properties as well. Working effectively in coordination with neighborhood based organizations like INF, the Land Bank should help promote more strategic thinking in how we can go about the redevelopment of properties in our neighborhoods. I look forward to its implementation and the coordination of its activities in the neighborhoods that INF serves.”
Inter‐Neighborhood Foundation of Wilmington (INF) is nearing completion on the construction of 8 new three- and four-bedroom townhomes on the City’s Upper Eastside. Walnut Place Townhomes, as the units are called, represents a unique partnership between INF and Bank of America and the Bank of America Community Development Corporation. Walnut Place is one aspect of a broader effort that will result in 61 units new affordable housing being brought to the Upper Eastside.
Groundbreaking on the project took place in October 2015 and construction completion is expected in July. “We are extremely pleased to be partnering with Bank of America and our other stakeholders on this project,” says Timothy Crawl-Bey, Executive Director of INF. “We have already pre-sold 5 units, reflecting the fact that Walnut Place has the design and character one expects in City homes but the size and amenities more often associated with suburban living.”
“Access to affordable, stable housing is foundational to a family’s well-being,” said Chip Rossi, Delaware market president, Bank of America. “INF’s longstanding commitment to revitalizing the Eastside aligns perfectly with our goal to create financial stability for families that often begins with access to affordable housing.
For detailed info. On Walnut Place, please visit its website: www.walnutplacetownhomes.com