PARTNERSHIPS FOR SUCCESS November 14, 2012.  COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI)  NATIONAL LENDER  SECTORS: ◦ HOUSING ◦ HEALTHCARE ◦

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Presentation transcript:

PARTNERSHIPS FOR SUCCESS November 14, 2012

 COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI)  NATIONAL LENDER  SECTORS: ◦ HOUSING ◦ HEALTHCARE ◦ EDUCATION ◦ COMMUNITY FACILITIES

 NEW LIGHT RAIL SYSTEM  NEED FOR AFFORDABLE HOUSING  SUPPORT FOR COMMUNITY DEVELOPMENT  GROWTH OF LATINO COMMUNITY  PUBLIC & PRIVATE PARTNERSHIPS  ACCESS TO EDUCATIONAL OPPORTUNITIES

 SHARE KNOWLEDGE  COLLABORATIVE LEADERSHIP  ACTIONABLE POLICIES  TECHNOLOGY INTEGRATION  PLACEMAKING ◦ People-Centric Spaces ◦ Respect for Community  INCLUSIVENESS ◦ Demographic ◦ Socio-Economic

Raza Development Fund LISC St. Luke’s Health Initiatives AZ Dept. of Housing Phoenix, Tempe, Mesa Surdna Foundation Valley Metro Downtown Phx Partnership AZ Dept. of Transportation Arizona Community Foundation Phoenix Community Alliance Arizona Dept. of Health Serv. Maricopa Assoc. of Govs. State Farm Valley Forward Discovery Triangle Arizona State University East Valley Partnership Phoenix IDA Local First Arizona Urban Land Institute

 To balance housing options in connected communities with economic opportunities along transit corridors (jobs / housing balance).  To provide people/families with transportation alternatives including rail and bus transit, bicycle paths and complete streets.  To provide access to educational opportunities.  To encourage healthy living.

 ESSENTIAL RELATED DEVELOPMENT:  EDUCATION  HEALTHCARE  HEALTHY FOOD  GREEN SPACES  SMALL BUSINESSES

 PROJECT ASSESSMENT TOOL ◦ INITIAL ELIGIBILITY CRITERIA ◦ COMMUNITY ENGAGEMENT ◦ COMPACT DEVELOPMENT ◦ ENVIRONMENTALLY RESPONSIVE DESIGN ◦ SAFE PLACES & HEALTH LIVING  SUSTAINABLE COMMUNITIES FUND $20 MILLION COMMITMENT FROM RDF AND LISC

Since July, 2011 the Sustainable Communities Fund (SCF) has provided:  $6.5 million of loan funds for over 670 affordable, workforce and market rate housing units connected to the light rail corridor  This loan capital is leveraging over $75 million in additional financing  $3 million of loan funds for a community health center connected to the light rail corridor

Silvia Urrutia Director of Housing & Healthcare