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Community Development From the Ground Up:
An Innovative Approach in Baltimore’s Oliver Neighborhood
Nov. 10, 2015
#caseychat
Our Panel
Ryan Chao
Vice President for Civic Sites and Community Change
The Annie E. Casey Foundation
Bishop Douglas Miles
Pastor, Koinonia Baptist Church
Co-Chair Emeritus, Baltimoreans United in Leadership
Development (BUILD)
Sean Closkey
President
TRF Development Partners
1
• If you experience technical difficulties during this
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Questions?
2
I. Background on Oliver
II. Working With the Community
III. A Diverse Partnership
IV. Results
V. Lessons
Webinar Overview
#caseychat
3
The Oliver
Neighborhood
4
Oliver: Decades of Decline
1960s By 2000
• Jobs began
disappearing
• Little if any
investment
flowing into
community
• Middle-class
residents left
• Some churches
moved out of
the area
• Businesses
folded
• More than
1,100
abandoned
homes or
vacant lots
• Rampant drug
dealing
5
In Oliver:
• Engaged the community
• Surveyed residents
• Brought together
churches
Working With the Community
Baltimoreans United in
Leadership Development
(BUILD):
• Long history of activism
• Success with West
Baltimore homes
Rob English (second from right) and Terrell Williams (far left) of
BUILD walk with residents in the Oliver community.
6
Five churches:
• $1.2 million raised in the pews
Working With the Community
BUILD coordination:
• Churches purchased 200 properties
(many through tax sale)
Memorial Baptist Church:
• 150 members raised $3,000 per
month to acquire properties
• Total: $250,000/ 58 properties
Rev. Keene at Memorial Baptist Church.
7
• BUILD: needed a partner
• The Reinvestment Fund:
CDFI with track record of
community development
• Joined forces to create
TRF Development Partners
A Diverse Partnership
+
8
Strategy:
Build on Strength
A Diverse Partnership
Penn Station to the west*
Johns Hopkins Medical
campus and EBDI to the east
*Reprinted with permission from The Baltimore
Sun. All rights reserved. 9
• Rebuild and create homes
• Develop a real estate market
A Diverse Partnership
TRF Development Partners strategy:
• Generate wealth for residents
• Spur new investment
10
A Diverse Partnership
“The most diverse
group [of funders]
I’ve ever seen.”
Total: $9.3 million in investment capital
• TRF DP and Rouse CEO Anthony
Deering: Goal to raise $10 million
• Deering, BUILD and TRF worked
together
• Investments from 23 foundations,
banks, churches and other
philanthropic organizations
• Casey committed the final $500,000
Anthony Deering, an experienced real estate
development leader.
11
Training and Opportunity for Residents
A Diverse Partnership
A class at Jericho Reentry in East Baltimore.
12
• 2008: First homes — modular
• Initial cost: $130,000
• Energy efficient
Results: New Homes
Preston Place, before and after.
“The first new houses in the Oliver neighborhood in half a century.”
— The Baltimore Sun
• Affordable to average worker
• Row house rehabs continue
13
The Reinvestment Fund (TRF) Development Project:
Results: New Homes
lots
consolidated
for reuse
126
vacancy rate
reduced
61
percent
formerly
abandoned
properties
redeveloped
231
14
Results: New Residents
Median income of
newcomers is
$41,000, more
than double the
average income of
community before
the project
1/3 Preston Place
residents moved
into Baltimore City
2/3 relocated from
within the city
1/2 Preston Place
residents who
relocated from city
homes were
from East Baltimore
(including Hopkins
employees, teachers and
city and state employees)
15
2006 and 2007: One home
sold for more than $100,000
Results: A Stronger Real Estate Market
Since then, more than 80 properties
have sold for prices higher than $100,000.
• Median price for home sales above $225,000
• Outlook strong for continued redevelopment 16
Results: Leveraging Investment
TRF DP: Rowhouse Rehabilitation on Broadway, before.
17
Results: Leveraging Investment
TRF DP: Rowhouse Rehabilitation on Broadway, after.
18
Results: Leveraging Investment
1256 Broadway, before.
19
Results: Leveraging Investment
1256 Broadway, after. 20
• City Arts: 17 loft-style townhomes for artists
• City Arts Apartments: TRF DP, Homes for America
and Jubilee Baltimore: 69 energy-efficient apartments
• City Arts 2: 61-unit building two blocks north of the
original City Arts building
• TRF DP: Partnering with EBDI to rehab homes
• Come Home Baltimore: rehabbing and selling homes
• Lillian Jones Apartments: low- and moderate-income tenants
Results: Leveraging Investment
21
City Arts: 17 Loft-style Townhomes for Artists
Results: Leveraging Investment
22
Results: Leveraging Investment
City Arts Towns, before and after.
23
Lesson 1: Community development requires patience and flexibility.
Lessons
First
homes
Launch
1990s
Early 2002
Partnership
developed
2008
24
Lesson 2: Engaging the community is critical to earn buy-in.
Lessons
BUILD-TRF: An unusual partnership
Gary Crum, an Oliver resident.
Rob English of BUILD talks with an
Oliver resident.
Sean Closkey of TRF DP with an
Oliver resident.
25
Funding:
• Baltimore City: property
acquisition
• Maryland Department of
Housing and Community
Development: closing costs and
purchase assistance
• Churches and nonprofit
community: other capital
Lessons
Lesson 3: Identifying innovative financing
for affordable housing should be a priority.
26
Economically struggling
communities will not rebound
through new construction
or rehabilitation alone.
Lessons
Lesson 4: Creating new economic opportunities for residents
should be part of community development.
27
Building From the Ground Up:
An Innovative Approach to
Community Development in
Baltimore’s Oliver
Neighborhood
www.aecf.org/resources/
building-from-the-ground-up
For more information:
media@aecf.org
Discussion and Questions
28
Community Development from the Ground Up: An Innovative Approach in Baltimore's Oliver Neighborhood

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Community Development from the Ground Up: An Innovative Approach in Baltimore's Oliver Neighborhood

  • 1. Community Development From the Ground Up: An Innovative Approach in Baltimore’s Oliver Neighborhood Nov. 10, 2015 #caseychat
  • 2. Our Panel Ryan Chao Vice President for Civic Sites and Community Change The Annie E. Casey Foundation Bishop Douglas Miles Pastor, Koinonia Baptist Church Co-Chair Emeritus, Baltimoreans United in Leadership Development (BUILD) Sean Closkey President TRF Development Partners 1
  • 3. • If you experience technical difficulties during this webinar, visit www.aecf.org/webex for guidance. If you still have trouble, notify us using the chat or Q&A window, or contact WebEx technical support at 1-866-229-3239. • If you do not see the Q&A window, make sure the Q&A icon at the top of that column is blue (see image to left; icon circled in red). If it is not blue, click the icon, and the window should appear. • You can type questions for presenters in the Q&A window at any time during the webinar. • The webinar is being recorded and will be available after the presentation. Questions? 2
  • 4. I. Background on Oliver II. Working With the Community III. A Diverse Partnership IV. Results V. Lessons Webinar Overview #caseychat 3
  • 6. Oliver: Decades of Decline 1960s By 2000 • Jobs began disappearing • Little if any investment flowing into community • Middle-class residents left • Some churches moved out of the area • Businesses folded • More than 1,100 abandoned homes or vacant lots • Rampant drug dealing 5
  • 7. In Oliver: • Engaged the community • Surveyed residents • Brought together churches Working With the Community Baltimoreans United in Leadership Development (BUILD): • Long history of activism • Success with West Baltimore homes Rob English (second from right) and Terrell Williams (far left) of BUILD walk with residents in the Oliver community. 6
  • 8. Five churches: • $1.2 million raised in the pews Working With the Community BUILD coordination: • Churches purchased 200 properties (many through tax sale) Memorial Baptist Church: • 150 members raised $3,000 per month to acquire properties • Total: $250,000/ 58 properties Rev. Keene at Memorial Baptist Church. 7
  • 9. • BUILD: needed a partner • The Reinvestment Fund: CDFI with track record of community development • Joined forces to create TRF Development Partners A Diverse Partnership + 8
  • 10. Strategy: Build on Strength A Diverse Partnership Penn Station to the west* Johns Hopkins Medical campus and EBDI to the east *Reprinted with permission from The Baltimore Sun. All rights reserved. 9
  • 11. • Rebuild and create homes • Develop a real estate market A Diverse Partnership TRF Development Partners strategy: • Generate wealth for residents • Spur new investment 10
  • 12. A Diverse Partnership “The most diverse group [of funders] I’ve ever seen.” Total: $9.3 million in investment capital • TRF DP and Rouse CEO Anthony Deering: Goal to raise $10 million • Deering, BUILD and TRF worked together • Investments from 23 foundations, banks, churches and other philanthropic organizations • Casey committed the final $500,000 Anthony Deering, an experienced real estate development leader. 11
  • 13. Training and Opportunity for Residents A Diverse Partnership A class at Jericho Reentry in East Baltimore. 12
  • 14. • 2008: First homes — modular • Initial cost: $130,000 • Energy efficient Results: New Homes Preston Place, before and after. “The first new houses in the Oliver neighborhood in half a century.” — The Baltimore Sun • Affordable to average worker • Row house rehabs continue 13
  • 15. The Reinvestment Fund (TRF) Development Project: Results: New Homes lots consolidated for reuse 126 vacancy rate reduced 61 percent formerly abandoned properties redeveloped 231 14
  • 16. Results: New Residents Median income of newcomers is $41,000, more than double the average income of community before the project 1/3 Preston Place residents moved into Baltimore City 2/3 relocated from within the city 1/2 Preston Place residents who relocated from city homes were from East Baltimore (including Hopkins employees, teachers and city and state employees) 15
  • 17. 2006 and 2007: One home sold for more than $100,000 Results: A Stronger Real Estate Market Since then, more than 80 properties have sold for prices higher than $100,000. • Median price for home sales above $225,000 • Outlook strong for continued redevelopment 16
  • 18. Results: Leveraging Investment TRF DP: Rowhouse Rehabilitation on Broadway, before. 17
  • 19. Results: Leveraging Investment TRF DP: Rowhouse Rehabilitation on Broadway, after. 18
  • 20. Results: Leveraging Investment 1256 Broadway, before. 19
  • 21. Results: Leveraging Investment 1256 Broadway, after. 20
  • 22. • City Arts: 17 loft-style townhomes for artists • City Arts Apartments: TRF DP, Homes for America and Jubilee Baltimore: 69 energy-efficient apartments • City Arts 2: 61-unit building two blocks north of the original City Arts building • TRF DP: Partnering with EBDI to rehab homes • Come Home Baltimore: rehabbing and selling homes • Lillian Jones Apartments: low- and moderate-income tenants Results: Leveraging Investment 21
  • 23. City Arts: 17 Loft-style Townhomes for Artists Results: Leveraging Investment 22
  • 24. Results: Leveraging Investment City Arts Towns, before and after. 23
  • 25. Lesson 1: Community development requires patience and flexibility. Lessons First homes Launch 1990s Early 2002 Partnership developed 2008 24
  • 26. Lesson 2: Engaging the community is critical to earn buy-in. Lessons BUILD-TRF: An unusual partnership Gary Crum, an Oliver resident. Rob English of BUILD talks with an Oliver resident. Sean Closkey of TRF DP with an Oliver resident. 25
  • 27. Funding: • Baltimore City: property acquisition • Maryland Department of Housing and Community Development: closing costs and purchase assistance • Churches and nonprofit community: other capital Lessons Lesson 3: Identifying innovative financing for affordable housing should be a priority. 26
  • 28. Economically struggling communities will not rebound through new construction or rehabilitation alone. Lessons Lesson 4: Creating new economic opportunities for residents should be part of community development. 27
  • 29. Building From the Ground Up: An Innovative Approach to Community Development in Baltimore’s Oliver Neighborhood www.aecf.org/resources/ building-from-the-ground-up For more information: media@aecf.org Discussion and Questions 28