North Shore CDC Press Kit

NEIGHBORHOOD REVITILIZATION

NORTH SHORE COMMUNITYDEVELOPMENT COALITION

Our neighborhood revitalization model has transformed long-neglected communities into safe, vibrant neighborhoods. We do this by investing social, human & economic capital into predominantly low-income or distressed neighborhoods to improve quality of life.

For more information visit www.northshorecdc.org or email [email protected] or call 978-745-8071

North Shore CDC office location: 102 Lafayette Street in Salem, MA 01970

North Shore CDC is transforming our neighborhood into a safe,

family-friendly community

ABOUT US

BUILDING HOMES, STRENGTHENINGCOMMUNITIESNorth Shore CDC invests in neighborhoods to create thriving communities.

REGIONAL IMPACTS

COMMUNITY ENGAGEMENT

REAL ESTATE DEVELOPMENT

RESIDENT PROGRAMMING

YouthBuild North Shore

“”45 youth jobs created annually

$1 million dollars in resources hasbeen leveraged for a residentdriven community action plan

Our strategic real estate investments create economic impact in Salem & Beverly. Our 399 unit portfolio provides quality housing that families & individuals can afford.

Our programming offers residents in the region opportunities to achieve economic mobility & self-sufficiency.

We bring together residents, community organizations, & key stakeholders in a way that utilizes the groups’ strengths to create resident-driven community plans, and neighborhood-wide impacts.

Family Resource Center

70% of neighbors agree that thecommunity has improved overthe last three years

100% of YouthBuild graduateshave been placed in collegeor full-time employment

Empowers low-income young people to receive their high school credential while learning job skills by building affordable housing in their communities.

Creates a hub of resident programming in a central community-based setting aimed at increasing economic mobility.

TRANSFORMATIVE NEIGHBORHOOD DEVELOPMENTS


North Shore CDC invests strategically in real estate and community master plans to create comprehensive community and economic development. The cornerstone of our investment strategy is the creation of quality housing that families and individuals can afford.



REAL

PORTFOLIOFACTS

AFFORDABILITY

LOCAL SUPPORT

ECONOMIC DEVELOPMENT TOOLS

399 units of affordable housing

Our developments are deeply affordable. 63% of the families living in our homes earn 30% of the area median income, and another 24% of families earn less than 50%. For an average family of 3, that’s less than $25,450 and $42,350 per year, respectively.

ESTA

TE

GREEN DESIGN

Our housing benefits entire communities, which is why we work closely with residents and neighbors to guide design goals for projects during the planning process.

Our sustainable building practices create healthier homes that help residents save on their utility expenses.

Our community planning initiatives ensure neighborhoods develop sustainably.

Salem Point’s National Historic District designation leverages funding for property owners to improve buildings in the area.

The Point Vision and Action Plan and the Commercial Corridor Revitalization Plan identify & expand investment opportunities so that the area can develop strategically.

North Shore CDC has transformedlong-neglected communities

into safe, vibrant neighborhoods. ”“

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235 constructions jobs created by our housing developments in the last six years

64% of our housing serves families with children and almost half of those families are led by single parents

87% of our units serve very-low income and extremely-low income households

Our Cabot Street Homes project in the city of Beverly is LEED-Platinum certified, making it the first affordable, low-rise multi-family building to meet this standard in the state

COMMUNITY ENGAGEMENT


North Shore CDC’s community development initiatives provide opportunities for the social,civic, and economic empowerment of residents in the communities we serve, so that they may further the goals of neighborhood revitalization in their own communities.



NEIGHBORHOODIMPACTS

COMMUNITY MEETINGS

LEADERSHIP DEVELOPMENT

FAMILY EVENTS

North Shore CDC engagesover 500 residents annually

At community meetings, we connect residents to existing city resources and current events. These one-on-one meetings and neighborhood-wide forums create discussions around education, health, local government, safety, and social services.

94% of residents that regularlyattend North Shore CDC eventsin Beverly find them beneficial

COMMUNITY PLANNING

Our leadership development trainings teach residents how to be better, more engaged citizens. By creating educational resources and curriculum, we are providing the tools to invest in future city leaders.

Our community action plan inSalem leveraged over $900K ofneighborhood improvements,including new sidewalks, trashreceptacles, and more robustretail space for local businesses

Our planning initiatives connect residents to city officials to develop long-term solutions for neighborhood improvements including housing, infrastructure, and open space. Our neighborhood surveys assess residents’ needs and provide data-driven feedback for our partners’ strategic investments.

Our monthly social events give residents opportunities to get to know their neighbors in a safe, family-friendly environment. Residents participate in the planning and outreach of these grassroots events.

I’m meeting new people andbuilding relationships with my community.

My doubts have been erased bymy friends at North Shore CDC. ”

“

89% of residents are satisfiedwith North Shore CDC’s newsoutlets for residents, in bothpaper and online distribution

COMMUNITY

ENGAGEM

ENT


SALEM’S POINT NEIGHBORHOOD is characterized by its density, lack of green space, high proportion of multi-family housing and high concentration of immigrants. We maintain 247 units of affordable, rental apartments within the 144 acre neighborhood.



PORTFOLIO

REAL ESTATE PORTFOLIO

Congress Street ResidencesThis 63-unit family development will include 100% affordable housing with a mix of units serving 30, 50 and 60% AMI households. The property, expected to be complete in 2017, will be financed primarily with state & federal LIHTC, state and federal historic credits and other subsidies.

Palmer Cove Apartments

Harbor Lafayette Homes

Lafayette Housing

63 family units

$ 18,353,880total dev. cost

2 commercial/retail units

Harbor-Lafayette will include 100% affordable housing with a mix of units serving 30, 50 & 60% AMI households. The property, expected to be complete in 2016, will have 16 units reserved for formerly-homeless young people aged 18-24. The renovation will modernize and add communal meeting & living space to the site.

Located in the Salem Point neighborhood, Lafayette Housing includes 61 family apartments for 170 residents, as well as first-floor commercial spaces currently housing North Shore CDC’s offices. The acquisition of these apartments helped ensure a healthy stock of affordable housing units in the neighborhood.

15 family units

$ 3,000,000approx. dev. cost

$ 23, 049 annual tax impact

Palmer Cove is a 15-unit multi-family building with both town houses and apartments. The development dramatically revitalized a key corner in Salem’s Point Neighborhood. Completed in 2009, what was once a blighted corner is now one of the most attractive housing developments in the area.

27 Studios



CURRENT DEVELOPMENTS

PAST DEVELOPMENTS

61 family units

$ 75,335 annual tax impact


Salem Point ApartmentsThe Salem Point Properties is a $7 million moderate rehab project that was completed in Summer 2015. The renovation used historic tax credits to restore 77-units with both historically accurate external features and energy efficient and modern internal upgrades. The site is scattered throughout the Point neighborhood’s National Historic District on Peabody, Ward, and Harbor Streets.

77 family units


$ 81,504 annual tax impact

new


PORTFOLIO

BEVERLY’S GLOUCESTER CROSSING NEIGHBORHOOD was once one of the most undesirable neighborhoods in Beverly due to drugs, crime, and a lack of opportunity. Since North Shore CDC’s involvement, the neighborhood has seen improvements in housing stock, safety, and access to local resources.



REAL ESTATE PORTFOLIO

Holcroft Park Homes

Gloucester Crossing Apartments

6 family units

$ 5,842 annualtax impact

Completed in2005

Gloucester Crossing Apartments are comprised of 3 buildings that provide 6 family-size homes and have recently been renovated to provide both quality and affordable homes for the residents. The apartments are located on Bennet, Mill, and Ropes Street.

Cabot Street Homes

Holcroft Park Homes was completed in June 2013 with the YMCA of the North Shore. The project transformed the Gloucester Crossing neighborhood with six newly constructed apartments, totaling 58 one, two, and three bedroom apartments, ideally suited for families.

Cabot Street Homes, once the site of the aging Mayflower Motel, is the first new rental development to be built in Beverly for over 20 years. With truly affordable units, wide community support, and leading standards in energy efficiency, this project has transformed the gateway of downtown Beverly.

58 family units


$69,019 annualtax impact

43 studio units


$ 40,841annualtax impact

Cabot Street Homes

Holcroft Park Homes

The Neighborhood

The Residents

SALEM POINT NEIGHBORHOODNEIGHBORHOOD-WIDE INVESTMENT

The Point neighborhood is a vibrant, ethnically diverse community that has long been a settlement destination for new immigrants. Located just south of downtown Salem, it encompasses approximately 4,100 people, 63 percent of whom are Latino, specifically from the Dominican Republic. The Point is the densest neighborhood in the city, distinguished by its high proportion of multi-family housing and masonry apartment blocks dating back to the 1900’s. Despite its historic architecture, affordable housing stock, & immigrant-owned small businesses, it‘s still in need of significant investment. Its residents’ income, education, & employment levels are significantly lower than the rest of the city.

www.northshorecdc.org 102 Lafayette Street in Salem, MA 01970 [email protected] 978-745-8071

The Changes

63% of households are “cost burdened,” spending more than 30% of their income on their housing, despite apartments renting at 11% less than the greater city

With a high rate of absentee landlords, properties in the Point are three times more likely to have code violations

24% of residents are living below the poverty line

31% of residents are without a high school diploma

45% of Point households’ first language is not English

Despite representing 10% of the city, only 3% of Point residents are represented on city boards or commissions

134 familiesfamilies received an

average of $1700 in tax returns prepared by

North Shore CDC

nscdc

$

50,000 sfof additional retail space was identified as a keyopportunity for future

redevelopment of Congress Street

Successfully advocated to relocate a polling location to a more walkable location,

increasing overall voter turn out by 6%, with 41%

of those voters registered by North Shore CDC

Launched Family Resource Center with partners providing career counseling, job placement, financial coaching, & housing education

The neighborhood was recently designated as a National Historic District,recognizing its historical

importance in Salem and supporting sustainable

investment through historic tax credits

Salem Police department has been present at community meetings and they now have 12 Latino officers on staff.

Increased voter turn out through voter registration and get out the vote drives, with a successful campaign to relocate a polling station in the neighborhood.

$227,000 allocated to improve green spaces & infrastructure, including neighborhood-wide side-walk repair & new trash receptacles

New investment opportunities include investing $7M into 77 units of safer and healthier affordable housing, with another $23M investment into additional 90 units in the pipeline, and the completion of a commercial corridor plan to support small business development in the community.

In 2013, North Shore CDC and our partners completed a neighborhood-wide vision and action plan to improve the quality of life. Together, the community identified the following priorities: SAFETY & SECURITY

CIVIC ENGAGEMENT & NEIGHBORHOOD PRIDE

JOB TRAINING, EDUCATION & CAREER PATHS

ENVIRONMENT, RECREATION, & OPEN SPACE

HOUSING & ECONOMIC DEVELOPMENT

The Neighborhood

The Residents

BEVERLY’S GLOUCESTER CROSSINGA SEVEN YEAR NEIGHBORHOOD REVIEWBEVERLY’S GLOUCESTER CROSSINGA SEVEN YEAR NEIGHBORHOOD REVIEW

Gloucester Crossing was once one of the most undesirable neighborhoods in Beverly due to drugs, crime, and a lack of opportunity. Ever since the neighborhood's chief employer, United Shoe, left in the 1980s the neighborhood struggled with a decline into poverty. Since North Shore CDC and their partners’ involvement, Gloucester Crossing has seen improvements in housing stock, safety, lighting, trash reduction, and access to local resources. Despite these improvements, there is still work to be done.

TIMELINE:

www.northshorecdc.org Beverly Community Engagement Coordinator- Andrea [email protected] 978-825-4013

The Changes

41% of families survive on less than $19,800 per year

76% of residents are below the poverty line

21% Latino, a 13% increase in the last 7 years

3.4 people in the average family

15 years = average time residents live in the neighborhood

13% of households have an unemployed family member

51% of residents’ highest level of education is high school

70%of neighborhood

respondents agree that the community

has improved overthe last three years

INVESTING PHYSICAL & SOCIAL CAPITAL IN THE NEIGHBORHOOD

2006Purchased

blightedproperties

2007Formed

Task Forceto collect1st survey

2008Added lockson all doorsand saw a90% dropin crime

2010Began

affordablehousing

construction

2012Hired staff forcommunity

engagementand summer

youth jobs

2014Started monthly

communityengagement

and communityservice events

2013Completedconstruction & 58 familiesmoved intotheir homes

nscdc

$

JOB

THEN 47% of residents struggled to find affordbable child care

NOW 67% can find child care that is affordable

THEN 50% of residents had difficulty covering their rent

NOW 74% can afford their rent or mortgage

THEN 50% of residents could not pay their utility bills

NOW 62% can afford to cover their heat and electricity

THEN 78% of residents did not feel safe in their neighborhood

NOW 93% do feel safe in their community during the day

2015community prioritiesare social services,safety, infastructure,

and communityengagement

41%of neighborhood residents have

been involved inNorth Shore CDC’s

communitiy activitiesover the past year

Documents

North Shore CDC Press Kit