Shipyard Legacy Fund Program Strategies Prepared by: Urban Strategies Council.

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Presentation transcript:

Shipyard Legacy Fund Program Strategies Prepared by: Urban Strategies Council

WHERE WE ARE SO FAR 1. Economic development-- emphasizing employment, housing and financial and asset development– is our ENGINE OF CHANGE. 2. Arts Culture and Recreation, Youth Development, Elder Services and Health, Environment and Safety are important focus areas.

“Over $1 billion in economic development investments will significantly impact the (BVHP and Visitacion Valley) neighborhoods in the next few years.”* SOURCE: Mayor’s Office of Communities of Opportunity Pilot Phase Business Plan Executive Summary The Neighborhood Context

INCOME AND ASSET DEVELOPMENT ACTIVITES Income Support Income Development and Protection Asset Accumulation Asset Leveraging Asset Preservation Asset Creation

HOUSING ACTIVITIES Emergency Housing Supportive Housing Subsidized Rental Housing Subsidized Home Ownership Market Rate Home Ownership Assistance Assistance for Existing Home Owners

EMPLOYMENT ACTIVITIES Outreach/ Recruitment Basic Skills Industry Specific Skills Wrap Around Support Services Placement Monitoring Placement Commitments

Urban Strategies Council Recommendations LEVERAGE, LEVERAGE, LEVERAGE!!! Use SLF to harness the market. Public and private investments in BVHP should benefit residents: –Housing- Fill in the affordability gaps –Jobs- Get commitments & monitor them –Assets-Flexible peer-based approaches Create the capacity to monitor, intervene and participate in economic development activities in BVHP.