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Edge of Amazing: Breakout Session B - From Swamps to Springboards: Breaking the Intergenerational Cycle of Poverty

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Edge of Amazing: Breakout Session B - From Swamps to Springboards: Breaking the Intergenerational Cycle of Poverty

  1. 1. From Swamps to Springboards: Breaking the Intergenerational Cycle of Poverty Daniel J. Shoy, Jr. East Lake Foundation October 11, 2018
  2. 2. Poverty continues to undermine the American Dream… That is more than 1 in 10 Americans 40.6 million Americans live in poverty 40.6 million > the entire population of California U.S. poverty rate 12.7 % (2016) U.S. Census Bureau, American Community Survey 2016
  3. 3. Children experience poverty at even higher rates… 16.1 million children live in poverty That is 1 in 5 American children 50% Of poor children live in concentrated poverty Concentrated poverty: >30% lives below the poverty line Childstats.gov Forum on Child and Family Statistics http://www.childstats.gov/americaschildren13/eco1a.asp
  4. 4. Living in concentrated poverty often has dire implications for children 86%of 3rd graders living in concentrated poverty read below grade level That is more than 6 out of 7 children Annie E Casey Foundation :”How Third Grade Reading Skills and Poverty Influence High School Graduation” http://gradelevelreading.net/wp-content/uploads/2012/01/Double-Jeopardy-Report-030812- for-web1.pdf
  5. 5. Life Expectancy by Neighborhood 3 miles = 25 years
  6. 6. Non-medical factors are the main barriers to health Source: Adapted from the Greenlining Institute 93% of healthcare dollars spent on medical care Physical Environment Medical Care Health Behavior Social and Economic Factors 10% 20% 30% 40%
  7. 7. Contributions to Premature Death Behavioral Patterns 40% Genetic Predisposition 30% Environmental Exposure 5% Social Circumstances 15% Health Care 10% Environment and behavior account for 60% of premature death
  8. 8. Health ≠ Health Care
  9. 9. East Lake Meadows - 1995 Safety • 18x national crime rate • 90% of families victims of a felony each year • $35 million a year drug trade Housing • 100% public housing • 1400 residents in 650 apartments • 40% of units unlivable Employment • 13% employment • 59% of adults on welfare • Median income of ~$4,500 Education • One of lowest performing schools in Georgia • 5% of 5th graders meet state math standards • 30% graduation rate
  10. 10. East Lake Meadows - 1995
  11. 11. East Lake Meadows - 1995
  12. 12. The East Lake Initiative Target area of investment (less than 1 square mile)
  13. 13. Residents actively engaged in the planning and implementation • Engaged in decision-making • Held leadership roles throughout planning • Given first choice for relocation • Given priority for new apartments in housing development • Set standards and expectations
  14. 14. Replaced concentrated low-income housing with mixed-income housing • Partnered with the Atlanta Housing Authority to turn East Lake Meadows into The Villages of East Lake, a mixed-income housing development • High standards in design, development, and operation • Attracted over $400M in additional investment to the neighborhood
  15. 15. Implemented a cradle-to-college education pipeline Launched Charles R. Drew Charter School Expanded high quality early learning (0-4) Educational support services
  16. 16. Promoted community wellness with quality amenities and support services Full service YMCA The First Tee® of East Lake Program Publix Grocery Store and bank branches – SunTrust and Wells Fargo Resident and Community Support Program, Healthy Connections
  17. 17. Created a “Community Quarterback” Organization • Nonprofit with a single focus • Ensures that all programs are connected, coordinated and seamless • Ensures high quality programming • Ensures people in the target neighborhood are the ones served • Braids a sustainable funding stream • Serves as a single point of accountability Daniel J. Shoy, Jr., President of the East Lake Foundation
  18. 18. 18 The Villages of East Lake - Present Housing • High-quality, privately managed housing • Mixed-income (50% public housing, 50% market rate) • 1,300 residents in 542 apartments Safety • 86% reduction in crime • 97% lower violent crime Employment • 100% work eligible residents in public housing are employed • Median income of ~ $23k in public housing households Education – Drew Charter School • ~1,800 in K through 12th • A top performing school in Atlanta and the state • 98% of students in the Class of 2018 graduated and received $9M in scholarship offers
  19. 19. Drew currently performs on par with top achievers in the district (even with a much higher FRL population) 0 20 40 60 80 100 2017 CCRPI Scores CCRPI Atlanta Public Schools Georgia FRL% 42% 5% 7% 9% 10% 10% 24% Median 2017 List Price 399K 1.2M 549K 1.2M 725K 725K 704K
  20. 20. The entire neighborhood has benefitted Surrounding community has attracted ~ $400M in new private investment Increase in home value 4x higher than in typical Atlanta neighborhood New and more varied retail options Public housing residents’ incomes 5x higher $400 million 4x gain More options
  21. 21. The East Lake transformation gave rise to a replicable model Strong Lead Organization
  22. 22. 22 Purpose Built Communities mission is to replicate our model • 14 million Americans live in neighborhoods of concentrated poverty • We estimate there are approximately 825 highly- distressed neighborhoods in metro regions across the country (at least 40% of population lives below poverty line) Neighborhoods with high concentrations of poverty (Dallas-Fort Worth area pictured here)
  23. 23. 29 Network MembersNetwork Members New Orleans, LA Birmingham, AL Rome, GA Atlanta, GA Indianapolis, IN Omaha, NE Charlotte, NC Houston, TX Columbus, OH Spartanburg, SC Fort Worth, TX Orlando, FL Tulsa, OK Kansas City, MO Raleigh, NC Grand Rapids, MI Purpose Built is helping transform neighborhoods across the country Winston Salem, NC
  24. 24. Purpose Built is helping transform neighborhoods across the country Network Members Prospect Cities New Orleans, LA Birmingham, AL Rome, GA Atlanta, GA Indianapolis, IN Omaha, NE Charlotte, NC Houston, TX Columbus, OH Spartanburg, SC Fort Worth, TX Orlando, FL Tulsa, OK Kansas City, MO Raleigh, NC 24 Grand Rapids, MI Winston Salem, NC
  25. 25. Thank you & Questions? www.eastlakefoundation.org

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