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Neighborhood Revitalization Plan

To achieve the objective of making quality, affordable housing available to low to moderate-income families and to successfully revitalize a community, several basic elements are considered to determine the viability of a new project before it is undertaken. Housing Visions’ Neighborhood Revitalization Plan includes Nine Elements:
Perform a "Neighborhood NWA Assessment" to determine:

NOW - The character and condition of the neighborhood now. Is it safe? What type of housing currently exists? What resources are nearby? What are the employment opportunities, etc?

WHY - Why has the neighborhood declined? Can the causes be remedied or are the problems permanent?

AFTER - What will the neighborhood offer residents after revitalization in the way of safety, employment, transportation, growth and a sense of community?
It is vital that the neighborhood itself be involved in both the planning and the ongoing implementation of a revitalization project. Interact with neighbors, existing neighborhood organizations, religious organizations, and local businesses.

Allow the neighborhood to become involved as soon as revitalization begins, taking pride in the progress, and creating a self-sustaining process.
Comprehensive Approach to Neighborhoods
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Neighborhood Involvement
Evaluate the neighborhood to determine what mix of rental properties and home ownership will best serve the revitalization efforts.
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Mixture of Rental and Home Ownership
Residents are an essential element to the revitalization of neighbrohoods. Start residents in quality, affordable rental apartments. Build on acceptance of personal responsibilities. Encourage neighborhood networking and participation. Help residents form Resident organizations and provide leadership training to each organization. Provide training, leading to home ownership.
Prior to accepting tenants use a thorough selection process. This includes compliance with various Federal and State funding source income limitations, checking personal and professional references, prior housing history, criminal and credit history, and very importantly, conducting a pre-scheduled interview in the applicant's current home environment.

This process results in involved, active residents who take pride in their community and are committed to its' growth and ongoing renewal.
Resident Participation
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Resident Selection Criteria
Rehabilitate and/or build a sufficient number of buildings in close proximity to each other, in "critical mass", to achieve long-lasting benefits and results. This block-by-block approach promotes community pride and ownership and a feeling of unity amongst neighbors working together for the common good.
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Critical Mass
Housing Visions recognizes the value of the past in paving the way for the future. Many existing buildings have very distinctive features or historical value, but have fallen into disrepair.

In revitalizing and preserving neighborhoods, it is far more effective to rehabilitate these existing buildings than to lose, by demolition and new construction, the rich architectural heritage and distinctive character that they possess. Once restored, these buildings retain the aesthetic integrity of the neighborhood, while providing affordable housing.
Evaluate every targeted neighborhood to determine whether rehabilitation of existing buildings or new construction is most appropriate. Make every effort to retain the design and architectural integrity of the neighborhood. Avoid both a "cookie cutter" approach, and any design that might be physically identified as low-income housing. Build pride in the living condition. Design and build both rehabilitation and new construction for the long term using durable materials and high quality construction.
Use of Existing Buildings to the Extent Possible
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Quality Construction
Revitalizing and preserving neighborhoods for the long term requires extensive amounts of capital. Partner with Federal, State and local governments, as well as private organizations to tap into a variety of funding sources. Focus on private funding sources. Equity using the Federal Low Income Housing Tax Credit (LIHTC) provides significant leveraging for supplemental long-term funding from other programs.
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Emphasis on Private Capital