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Upgrade resident employment opportunities
Retail and commercial upgrading and development in the Southeast Community
NRSA will generate additional jobs for local residents and help retain dollars in the
community. Furthermore, an increase in the share of income received by low-income
residents through such employment opportunities combined with the availability of
desirable retail opportunities may ultimately be reflected in increased local spending.
In addition to the jobs generated by the revitalization of the retail/commercial
corridors, employment opportunities over the next several years will likely be generated
by redevelopment activities at the Southeast CommerCenter and 39th Street corridor.
Summary
Therefore, the economic empowerment goals for the Southeast Community NRSA
are designed to improve the appearance, infrastructure, and amenities of the area thereby
contributing to a higher quality of life for the residents and other stakeholders.
Furthermore, the economic empowerment strategy presented in this section is designed
to achieve certain specified results in a four-year period as reflected in the benchmarks
presented in the final section of this plan entitled “Performance Measurements” (Section
F).
F. Performance Measurements
This section establishes benchmarks for the goals presented in the previous
section. It should be noted that considerable progress has been made during the time
period for the initial NRSA (July 1, 2001 to present). NRSA accomplishments include:
Goal Accomplishments
1) Increase community’s • Developed 28 new homeownership units from 7/1/01 to
homeownership rate while 6/30/04 of which 19 were sold to low-moderate income
promoting income diversity buyers and 9 to middle-income buyers.
• For the year beginning 7/01/04 and ending 6/30/05, it is
projected that 17 new houses will either be under
development or completed of which 14 will be sold to low-
moderate income buyers and 3 to middle-income buyers.
• 4 homes acquired and renovated for sale to low- moderate
income buyers.
• 34 existing homeowners assisted with housing
rehabilitation loans to preserve existing homeownership
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