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Jennifer Shockley BWH DC 2011

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Jennifer Shockley BWH DC 2011

  1. 1. CORE The Community Reinvestment Project Jennifer Shockley Project Manager
  2. 2. WHAT IS CORE? <ul><li>The goal of the Community Reinvestment Project – CORE – is to turn government-owned properties into productive use to provide workforce housing for target markets such as first-time homebuyers, teachers, firefighters, and police officers. </li></ul>
  3. 3. CORE GOALS <ul><li>Provide affordable housing for individuals who are essential to the economic vitality of our communities. </li></ul><ul><li>Help local governments generate much-needed revenue . </li></ul><ul><li>Simplify and streamline the process of selling government-owned properties and help to revitalize communities . </li></ul>
  4. 4. CORE STRUCTURE <ul><li>PAR created framework for the project </li></ul><ul><li>Local associations are point-of-contact </li></ul><ul><li>PAR responsible for bringing strategic partners on board </li></ul><ul><li>PAR responsible for public outreach and media efforts </li></ul>
  5. 5. PROPERTY MAPPING
  6. 6. PROPERTY MAPPING
  7. 7. PROPERTY MAPPING
  8. 10. CURRENT PROJECTS <ul><li>Philadelphia </li></ul><ul><ul><li>Redevelopment Authority pilot project </li></ul></ul><ul><ul><li>2 settled listings </li></ul></ul><ul><ul><li>Strengthened existing relationships </li></ul></ul><ul><ul><li>Commitment to list additional properties </li></ul></ul>
  9. 11. CURRENT PROJECTS <ul><li>Reading </li></ul><ul><ul><li>Act 47 status </li></ul></ul><ul><ul><li>City Housing Strategy </li></ul></ul><ul><ul><li>Realtor® champion </li></ul></ul><ul><ul><li>Commitments from RDA and City </li></ul></ul>
  10. 12. CHALLENGES & SUCCESSES <ul><li>Wheels of progress turn slowly….. </li></ul><ul><li>… very slowly </li></ul><ul><li>Strengthened existing partnerships and formed new relationships </li></ul>
  11. 13. QUESTIONS?
  12. 14. CONTACT <ul><li>Jennifer Shockley </li></ul><ul><li>[email_address] </li></ul><ul><li>1-800-555-3390 </li></ul>

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