4.2 Urban CDC
4.2.1 Background
During our VFT exercise with Urban CDC, the staff (executive director, real estate
director, two project managers, and the lead community organizer) also identified
quality of life in the neighborhood as the primary mission of their organization. The
real estate development group described actions to achieve this mission as
consisting of interventions in the housing market and improvement of the housing
stock, including actions meant to address affordability of quality housing, reduce
blight, and deal with foreclosures (other groups within the CDC place more
emphasis on improving resident engagement and outcomes).
Urban CDC serves a community that, though disadvantaged according to usual
measures of income, crime and educational attainment, and disproportionately
minority and renter occupied as compared to the city in which it is located, has a
relatively strong housing market, as compared to the other CDCs in our study. This
is a consequence of Urban CDC’s location in an economically vibrant city, and in a
community that is not far from transit nodes which connect to more-affluent
neighborhoods to the east and south, and to the downtown to the north.
4.2 Urban CDC4.2.1 BackgroundDuring our VFT exercise with Urban CDC, the staff (executive director, real estatedirector, two project managers, and the lead community organizer) also identifiedquality of life in the neighborhood as the primary mission of their organization. Thereal estate development group described actions to achieve this mission asconsisting of interventions in the housing market and improvement of the housingstock, including actions meant to address affordability of quality housing, reduceblight, and deal with foreclosures (other groups within the CDC place moreemphasis on improving resident engagement and outcomes).Urban CDC serves a community that, though disadvantaged according to usualmeasures of income, crime and educational attainment, and disproportionatelyminority and renter occupied as compared to the city in which it is located, has arelatively strong housing market, as compared to the other CDCs in our study. Thisis a consequence of Urban CDC’s location in an economically vibrant city, and in acommunity that is not far from transit nodes which connect to more-affluentneighborhoods to the east and south, and to the downtown to the north.
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