Community Investments

A summary of our capital investments through 2019. 

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Atlanta
Bay Area
Chicago
Denver
Los Angeles
Memphis
Atlanta

Lifecycle Building Center (LBC)
$93,940

LBC’s programs serve organizations needing affordable (or free through the Nonprofit Material MATCH program) materials for home improvements, schools, nonprofits, houses of faith, contractors and small business owners with limited capital for projects; and community members interested in educational programs. LBC partners with Georgia Works to provide job training and employment to men transitioning from incarceration or homelessness and provides these men with marketable skills in the growing green jobs sector. LBC’s facility renovation will help increase the volume of materials processed and distributed through the MATCH program, thereby reducing project costs for these organizations and diverting more dollars into the programs and services they provide to those in need.

Funds would be used to replace the existing electrical system in their 70,000 square-foot facility. The facility is the hub for the organization which serve individuals needing affordable materials for home improvements; nonprofits; contractors and small business owners with limited capital for projects; and community members interested in educational programs. The 100-year-old warehouse is in need of significant upgrades, but the immediate need is to replace the electrical system. 

West Atlanta Preservation Initiative - Atlanta Land Trust
$38,960

Atlanta Land Trust’s West Atlanta Preservation Initiative creates affordable housing opportunities through the purchase of rehabilitated properties located in National Register districts.  The two homes purchased with SPARCC funds are located in a neighborhood experiencing rapid price increases in an area that has an overwhelmingly African-American, low-income population and has suffered from decades of disinvestment.  The SPARCC Capital Grant allowed ALT to acquire the properties and retain ownership in perpetuity, ensuring permanent affordability. The final owners are low-to-moderate income purchasers.

East Point Soccer Station - Soccer in the Streets
East End $25,000 
West End $100,000

Unused space at the heart of the community near transit stations provided an opportunity to create space for community youth and parents to gather. Soccer in the Streets received grant funds from SPARCC to assist with the cost of building soccer fields near two MARTA stations. The projects are part of an expansion of Station Soccer, soccer leagues built around the metro transit network by developing underutilized spaces in and around transit stations. The fields are a community hub for sport and social interaction. The fields break barriers of entry including transportation and affordability. Additionally, children have the opportunity to learn life skills as well as building an active lifestyle habit.

Atlanta CREW - Southface
$142,100

In 2019, Southface and its partners launched the Atlanta CREW (Culture-Resilience-Environment-Workforce) project. It was established in response to Southwest (SW) Atlanta community challenges related to stormwater management, economic opportunity and community displacement. CREW is meant to address stormwater management and provide economic opportunity to community members through green infrastructure (GI) training and workforce development.

Among the CREW achievements:

  • Community outreach and engagement supported the recruitment of 108 applicants from the primary focus area of SW Atlanta and the Utoy Creek Watershed as well as the City of Atlanta (COA).
  • Six GI bioretention and bioswale projects were designed, implemented and maintained as part of hands-on training with cohort participants. These projects in aggregate comprise nearly 2,300 sq ft in size and divert more than 2.46 million gallons of stormwater annually.
  • Five art/creative placemaking projects were installed to complement GI projects to represent community identity, history, culture and connection to nature.

Tucker Avenue Strategy Acquisition Fund - Atlanta Land Trust
$100,000

Grant funds will be used to establish pool of capital to support land acquisition, including opportunity to purchase options on parcels adjacent to affordable housing development planned for 1.7-acre vacant parcel at 1091 Tucker Avenue in Oakland City. Pool will be revolving and available for future opportunities.

Bay Area

Preservation Acquisitions - Oakland Community Land Trust
107th Street $120,000
Wentworth Avenue $105,900

Oakland Community Land Trust (OakCLT), working collaboratively with grassroots organizations and affordable housing developers, seeks to acquire, rehab, and preserve as permanently affordable, homes that are occupied by low-income Oakland residents. The goals are to increase the affordable housing stock, prevent displacement and stabilize vulnerable communities of color in target neighborhoods through community ownership, and engage residents in the process. After acquiring and rehabbing the properties, OakCLT will typically transition residents to limited equity homeownership, whereby the CLT owns the land and the residents own the improvements. In some cases, OakCLT may operate the homes as rentals.  

 

Capital grant funds were used in the purchase of the 107th Street and Wentworth Avenue homes to bridge the City of Oakland funds. The grant is replaced for future use when the funds are received from the City of Oakland or when the homes are purchased by the homeowner and cycled to other homes.

Chicago

Emerald South's Branding Initiative 
$133,000

The branding initiative will create a cohesive visual identity for the Green Line South area throughout Washington Park and Woodlawn to coordinate development strategies, improve services and attract residents and businesses.

Impact:

  • Increased new businesses
  • Decreased stormwater flooding
  • Increased participation in arts and culture programs

Here to Stay Land Trust - LUCHA
$133,000

The Land Trust is a scalable, multi-pronged strategy that will preserve the stock of naturally occurring affordable housing in the target area by creating a competitive, self-regenerating acquisition fund, rehabbing multifamily buildings, and cultivating a pipeline for LMI families.

Impact:

  • Increased access to hospitals and local health centers.
  • Increased access to wealth generation for residents of color
  • Decreased annual household energy costs

Garfield Green project
$25,000

Garfield Green is a new, 40-80 unit housing development, known as C40 to be developed by Preservation of Affordable Housing (POAH) at Kedzie and Fifth Avenues, along a City of Chicago-designated “Resilient Corridor.”

Impact: 

  • Lead to the creation of 40-80 housing units
  • Increased community ownership of the development
  • Decreased carbon emissions

Filmore Placemaking Project
$75,000

This project combines a pop-up retail concept with outdoor public art space anchored by a shipping container retail structure for social enterprises and small businesses to market their products and services.

Impact: 

  • Increased walkability
  • Increased sense of community cohesion
  • Decreased carbon emissions
Denver

West Denver Single Family ADU - West Denver Renaissance Collaborative
$250,000

The creation of studio, one-, or two-bedroom units in backyards or over garages provide residents with the ability to earn extra income to cover rising property taxes while providing stable, long-term housing for another family. The ADU program provides a solution to address residents’ (both homeowners and renters) concerns of displacement. The program also provides an opportunity for intergenerational wealth building. The capital grant was used as a revolving fund for the development funds. The SPARCC innovation grant was used to assist with the costs to create the ADU program and was important in attracting additional capital.

BuCu West Bottling Plant - BuCu West
$165,770, Awarded 2019

Grant dollars will bridge funding from support a down payment so that BuCu West can put the property under contract and prevent its sale to a buyer that does not share the community’s inclusive vision for the neighborhood. The project plans include the expansion of an existing bottling business that currently employs 6 local residents and the creation of a small community center. This new location will allow the bottling business to grow by an estimated 3 or 4 times its current size. The bottling company intends to become a worker-owned cooperative. The small community center will provide space for peer-to-peer educational classes, a community art gallery, and temporary workspaces for local artists/entrepreneurs.

Los Angeles

Social Justice Learning Institute (SJLI)
$100,000 

SJLI has grown out of its existing headquarters and is planning to acquire and move into a new facility while staying in its target service geography of Inglewood. The grant dollars were used toward predevelopment and exploring the feasibility and acquisition of a new property.

LA Core Project - East LA Community Corporation
$300,000

The creation of community assets is at the heart of ensuring a vibrant community that is able to maintain its cultural assets. Capital grant was used to provide additional equity for the assemblage and rehab of commercial buildings to be rented to small local businesses. These buildings will be community assets in perpetuity and will provide affordable rents for up to 20 entrepreneurs of color at risk of being displaced by rising rents.

Thai Town Marketplace - Thai Community Development Center
$100,000

With rising rent and fewer commercial spaces available, Thai Town Marketplace is designed to serve immigrant entrepreneurs. The project will also activate public space, improve the built environment, provide additional cash in the local economy, and increase the number of jobs available in an area adjacent to public transit.

Memphis

Manna Market - Grace Hope Church of God
$155,275

The concept for the Manna Market grew out of congregants from the Grace Church of God in North Memphis, who recognize that residents in their neighborhood lack access to healthy food options. Funding is for predevelopment work and consultants required to advance the Manna Market project concept. The project has hit numerous hurdles and is currently on hold.

Oasis of Hope Senior Housing Project - Oasis of Hope
$50,500

Grant funding will be used to fill a gap in a 40-lot subdivision project that has received a myriad of public and private funding sources and which has been in progress for several years over multiple phases. The funds will be targeted to complete the final 3-lots in the project with three homes, which Oasis of Hope is reserving for low-income, disabled seniors.

The Table Spread - Midtown Mosque
$56,000

To increase its capacity to reduce food insecurity and improve health outcomes for North Memphis residents, the Midtown Mosque is renovating a 3,750-square-foot building into a food distribution facility, a nursing clinic, and a non-profit retail green grocer providing affordable fresh fruits and vegetables to the residents of the Klondike neighborhood. The funding will be used to complete renovations for the Table Spread food pantry and green grocer.

Tom Lee House - Klondike Smokey City CDC
$66,00

The rehab of a historic structure (Tom Lee House) into a museum and facility for community-based educational programming.  Removal of blight and redevelopment of an adjacent 3.1-acre site (901 Chelsea) into a Senior Independent Living Facility. 

Heights Community Development - Heights CDC
$116,000

The Heights Line is a 1.75-mile multi-use path and linear park located in the median of National Street, a critical link in the transportation system in Memphis. The Heights Line is a neighborhood led project to redesign National Street to be safer, more attractive, and more functional. These funds will cover the costs of preconstruction documents, environmental impact study, and economic development impact study. Alternatively, if other pre-development funds through the city or other grants are awarded, the SPARCC grant may be used for construction costs. 

North Memphis Home Improvement Program - Klondike Smokey City CDC
$56,225

The North Memphis Home Improvement program helps prevent displacement and reduce blight by providing vital home repairs.  The full amount of these grants will be forgiven over five (5) years if the grant recipient continues to reside at the property. This program is currently underway in Klondike, and the team hopes to use this pilot to make the case to expand the program to more neighborhoods across North Memphis. 

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