HomeMy WebLinkAboutB.(1) Presentation - Vivian Ballou - Status Update on Downtown Housing ProgramLEGACY COMMUNITY DEVELOPMENT CORP. UPDATE
2018 First and Second Quarter Report
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Background
Legacy CDC is a nonprofit organization that was created in 2006
Its initial purpose was to work with at-risk children to address issues that prevented them from thriving
Found that housing instability was the main issue for most low to moderate income families
In 2009, LCDC sought first funding for affordable housing activities
Has served as a CHDO since 2010 in Orange, Beaumont, Port Arthur and the State of Texas
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Our Mission:
“Building strong families…leaving a legacy”
Legacy Community Development Corporation is dedicated to providing housing opportunities, education, supportive services and referrals to create stable and self-sufficient families.
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HOUSING & SUPPORTIVE SERVICES
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HOUSING SERVICES
COUNSELING SERVICES PROVIDED
CREDIT
FINANCIAL AND BUDGETING
HOMEBUYER CERTIFICATION
RENTAL SERVICES
TENANTS USE RENTAL PROGRAM AS A TRANSITION TO HOMEOWNERSHIP
MUST PARTICIPATE IN COUNSELING SERVICES
SCATTERED SITE AND MULTIFAMILY UNITS AVAILABLE
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MULTIFAMILY RENTAL PROGRAM
80 UNIT TAX CREDIT PROJECT
AUBURN SQUARE APARTMENTS
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Homeownership Program
Client Data and Accomplishments
140 clients on waiting list
87 clients have received homebuyer education certification training
10 clients in credit repair program
1 house sold during this reporting period
5 homes under construction
Next Phase: 7 units
15 additional units to be completed by April, 2019
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1100 6th Street
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TIMELINE FOR COMPLETION
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DISASTER RECOVERY
COMMUNITY PROGRAMS FOR RECOVERY (CPR)
Breathing new life into impacted communities in Jefferson, Hardin and Orange County. Ensuring long-term engagement by serving on unmet needs Boards.
Repairs will be made to 85 homes this year.
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Community Engagement Events
Housing Fair
September 29th
Block Party
COMPLETION OF HOMES ON 6TH STREET
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Upcoming Homebuyer Education Certification Courses
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QUESTIONS?
LEGACY CDC UPDATE
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