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South End Community Development (SECD), established to carry out
a HUD-funded Demonstration Project, begins renovating 83 abandoned
apartments in Boston's South End.
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SECD reorganizes as Greater Boston Community Development (GBCD)
and expands its work throughout metropolitan Boston.
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Pioneering the use of tax-benefit syndication to finance affordable
housing controlled by non-profits, GBCD assists lnquilinos Boricuas
en Accion (IBA) with its five-phase, 680-unit, $28 million Villa
Victoria community in Boston's South End.
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GBCD assists the America Park tenants council in Lynn, MA with
the innovative conversion of a troubled 400-unit public housing
project. King's Lynne, the new development, is a mixed-income complex.
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Boston Housing Partnership, established with major GBCD assistance,
organizes the redevelopment of approximately 1,600 dilapidated inner-city
apartments by ten community development corporations.
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GBCD completes its second homeownership development, 18 row houses
for low and moderate-income families on Lawn Street in Boston's
Back of the Hill neighborhood.
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Tent City Corporation, with GBCD assistance, completes Tent City,
a landmark 269-unit mixed-income apartment complex in Boston. GBCD
reorganizes as The Community Builders, Inc. (TCB). TCB buys
and renovates 95 Berkeley Street, Boston, as its home office and
office space for other nonprofits. TCB buys Plumley Village, a
430-unit Worcester, MA family complex, where it institutes a broad
range of human services.
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TCB receives grant from Pew Charitable Trusts and opens office
in Philadelphia.
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TCB helps Allen Park Tenants Association buy and renovate deteriorated
Allen Park, a 264-unit "expiring use" complex in Springfield,
MA. TCB completes West Village Apartments in New Haven, CT – a
historic YMCA renovation creating 148 SROs plus recreational facilities
and social services.
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After more than three decades as consultant, technical assistance
provider, property manager, and development finance partner for
CDCs and other nonprofit developers, The Community Builders, Inc. undertakes
a comprehensive strategy review. TCB adopts a new Strategic Plan that
focuses the organization on direct development activity, concentrating
on large public and assisted housing projects, comprehensive neighborhood
revitalization, and long-term ownership and management of properties
developed and acquired.
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After helping the Boston Housing Authority receive a HOPE VI award
in 1995, TCB assists in securing HOPE VI grants for public housing
and neighborhood revitalization in Pittsburgh and in Holyoke, MA.
TCB begins development work on these projects and on the Park DuValle
neighborhood in Louisville, KY. TCB also begins work on Kensington
Square, a scattered site development in New Haven, CT.
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University of Pennsylvania hires The Community Builders, Inc. as strategic
advisors on university-driven neighborhood revitalization in West
Philadelphia. TCB offers comprehensive revitalization
strategy addressing public safety, housing, commercial development,
schools, and economic development. Key elements include establishment
of business improvement district, retooling of faculty/staff home
purchase incentives, and creation of university-assisted public
school.
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American Institute of Architects (AIA) awards its Urban Design
Honor Award to Park DuValle in Louisville, KY, our first HOPE VI
project.
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The Community Builders, Inc., developer of Lincoln Court HOPE VI project
in Cincinnati, is chosen to replace the developer of Laurel Homes
HOPE VI project across the street. The combined site, involving
over 1,100 units of residential and commercial development in 10
phases, makes rapid progress.
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The Community Builders, Inc. moves forward with plans to redevelop East Mall,
Penn Circle, and Liberty Park, three distressed high-rise developments
known as Federal American Properties in the East Liberty section
of Pittsburgh. City funding, combined with creative restructuring
of federal project-based subsidies, drives comprehensive neighborhood
revitalization of East Liberty, on a scale comparable to a HOPE
VI project.
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