Blight removal. Affordable home ownership.
People-first property development.
Since 2003, the BDC has renovated 100 housing units and constructed 18 new houses. While the priority of the property development is blight removal and support for affordable homeownership, the BDC develops strategic multi-family properties and manages approximately 70 housing units in rental service.
The renovations include the redevelopment of two severely distressed apartment properties on Tillman into Hope Community (seniors) and Tillman Crossing (low income) Apartments. The aggressive acquisition and redevelopment of high-quality housing units by a neighborhood-based non-profit developer further serves community development by inspiring hope for the neighborhood’s future and helps offset the potentially negative impacts of rapid gentrification.