LISC Jacksonvill Annual Report Annual report

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LISC Jacksonville Advisory Board J.F. Bryan, IV, Chairman, e Bryan Group Michelle Braun, Ex-Officio, United Way of Northeast Florida Mark Constantine, Jessie Ball duPont Fund Michael Drexler, Deutsche Bank Steve Fischer, EverBank Deborah Pierson, Ex-Officio, Bank of America Gregory Smith, Bank of America Merrill Lynch Madeline Scales-Taylor, e Community Foundation for Northeast Florida Steve Vachon, JP Morgan Chase John Whitner, Wells Fargo Program Committee Deborah Pierson, Chair, Bank of America J.F. Bryan, IV, Ex-Officio, e Bryan Group Katie Ensign, Jessie Ball duPont Fund Janet Hamer, TD Bank Valerie Hendriex Jenkins, Wells Fargo Mark LeMaire, e Community Foundation for Northeast Florida Fred McKinnies, Jacksonville Housing Authority Ruth Owen, EverBank Staff: Janet G. Owens Executive Director Charles T. Dabney, Jr. Senior Program Officer, Real Estate & Lending Eugene Montgomery Senior Program Officer David Pierson Fund Development Officer Kathie Silvia Administrative Assistant * Jessie Ball duPont Fund Support provided through The Community Foundation for Northeast Florida. ** JF Bryan, IV support provided through the Henry and Lucy Gooding Endowment (a component fund of The Community Foundation for Northeast Florida). Funders LISC Jacksonville wishes to thank the following community partners who have contributed to our success over the past 15 years: Catalyst Jessie Ball duPont Fund* Weaver Family Foundation Guarantor Bank of America Charitable Foundation Jacksonville Jaguars Foundation JF Bryan, IV** e Community Foundation for Northeast Florida Wells Fargo Foundation Investor David A. Stein Family Foundation Edna Sproull Williams Foundation EverBank Jack Uible Joan W. Newton JP Morgan Chase Foundation e Lucy Gooding Charitable Foundation Trust e Prudential Foundation St. Vincent’s Health System Sun Trust Bank, North Florida Sustainer Anheuser-Busch Foundation e Arthur Vining Davis Foundations CITI Deutsche Bank Florida Blue e Home Depot Foundation Donor Chartrand Foundation CIBC National Bank David M. Hicks DuBow Family Foundation Fifth ird Bank Florida Rock Industries, Inc. GMAC Financial Services Irene & Gasper Lazzara Regency Realty Corporation Regions Bank e Diane T. and Charles E. Rice Family Foundation, Inc. Martin E. Stein, Jr. e Stellar Group TD Banknorth Charitable Foundation e omas M. Kirbo and Irene B. Kirbo Charitable Trust Winn-Dixie Foundation Friend Compass Bank Dex Imaging, Inc. Robert T. Shircliff Sherry P. Magill, Ph.D. John Surface Public Partners City of Jacksonville U.S. Department of Housing and Urban Development Federal Home Loan Bank Fannie Mae Foundation LISC Jacksonville 10 West Adams Street, Suite 100 Jacksonville, Florida 32202 904.353.1300 www.liscjacksonville.org I DIDN’T WANT TO LIVE IN A COMMUNITY THAT WASN’T SAFE. — DARCEL HARRIS, ENVIRONMENTAL ACTIVIST, EASTSIDE Darcel Harris grew up in Eastside and returned in 1992 to stay. “Eastside is home,” says the retired business systems manager and current FSCJ student. “So when I see trash, debris or cracked sidewalks, I try to do something about it.” Harris is active in efforts to make her community EPIC. She has visited schools to bring awareness to cleanups, fairs and Neighborhood Watch. She is a regular at meetings sponsored by Operation New Hope and the Jacksonville Community Council. She sits on the East Jacksonville Citizens Planning Advisory Committee, and she recently joined the board of Groundwork Jacksonville, an organization dedicated to solving environmental problems in Historic Springfield and Eastside. Harris also helped motivate much-needed improvements at A. Philip Randolph Heritage Park in the heart of Eastside. “I have a mindset to help,” she says. “I believe in working together for change.” NOW WHEN MY GRANDCHILDREN WANT TO SPEND THE NIGHT, THEY CAN. — PRINCE STEVENS, FIRST-TIME HOMEOWNER, NORTHWEST JACKSONVILLE Army veteran Prince Stevens was living in a one-bedroom apartment at the Brentwood Lakes seniors tower when he attended a home ownership presentation by NJCDC. “I only went because I was president of my resident council,” he says. “I never thought I could afford a house on a disability pension.” But to his surprise, Stevens’ credit score was good enough to qualify for assistance. “ey mostly did everything for me,” he says. “I even took three or four classes in financial management, credit and home ownership.” Eleven months after sign-up, he moved into a comfortable home on a quiet street in the Paxon area — and married his longtime sweetheart in the front yard. Stevens, who grew up in foster care, is grateful for his good fortune. “I try to keep this place real neat,” he says. “I want my blessing to show.” CLEANING UP MAIN STREET WAS IMPORTANT FOR THE WHOLE COMMUNITY. — ALICIA DORSIE-FRANK, SPAR BLOCK CAPTAIN, EAST SPRINGFIELD When Alicia Dorsie-Frank and her husband moved to Springfield in 1998, their neighborhood east of Main Street had not yet been redeveloped. “It was my dream to restore an historic house,” says Dorsie-Frank.” I fell in love with a 1908 house that was about to be condemned, and the rest is history.” Her next step was persuading neighbors to follow her lead and fix up their properties. Today, she says proudly, hers is “the best street in town,” with a diverse mix of neighbors who get together for parties on the porch and trips to downtown events. Dorsie- Frank first heard about EPIC Communities during a SPAR (Springfield Preservation and Revitalization) meeting. “LISC and Operation New Hope have done good things for East Springfield — restoring houses, creating construction jobs and getting façade grants to spruce up Main Street. It’s great to see that kind of progress.” Progress is sometimes found in things you can’t see, like the heartbeat of a community. We’ve been able to bring people together. Kevin Gay, Operation New Hope 2014 Report to the Community Empower People…Inspire Change Lisc Brochure FINAL.indd 1-3 4/23/15 7:38 PM

Transcript of LISC Jacksonvill Annual Report Annual report

Page 1: LISC Jacksonvill Annual Report Annual report

LISC Jacksonville Advisory BoardJ.F. Bryan, IV, Chairman, The Bryan GroupMichelle Braun, Ex-Officio, United Way

of Northeast FloridaMark Constantine, Jessie Ball duPont FundMichael Drexler, Deutsche BankSteve Fischer, EverBankDeborah Pierson, Ex-Officio, Bank of AmericaGregory Smith, Bank of America Merrill LynchMadeline Scales-Taylor, The Community

Foundation for Northeast FloridaSteve Vachon, JP Morgan ChaseJohn Whitner, Wells Fargo

Program CommitteeDeborah Pierson, Chair, Bank of AmericaJ.F. Bryan, IV, Ex-Officio, The Bryan GroupKatie Ensign, Jessie Ball duPont Fund

Janet Hamer, TD BankValerie Hendriex Jenkins, Wells FargoMark LeMaire, The Community Foundation for

Northeast FloridaFred McKinnies, Jacksonville Housing AuthorityRuth Owen, EverBank

Staff:Janet G. OwensExecutive Director

Charles T. Dabney, Jr.Senior Program Officer, Real Estate & Lending

Eugene MontgomerySenior Program Officer

David PiersonFund Development Officer

Kathie SilviaAdministrative Assistant

* Jessie Ball duPont Fund Support provided through The Community Foundation for Northeast Florida. ** JF Bryan, IV support provided through the Henry and Lucy Gooding Endowment (a component fund of The Community Foundation for

Northeast Florida).

FundersLISC Jacksonville wishes to thank the following community partners who have contributed to our success over the past 15 years:

CatalystJessie Ball duPont Fund*Weaver Family Foundation

GuarantorBank of America Charitable FoundationJacksonville Jaguars FoundationJF Bryan, IV**The Community Foundation for Northeast FloridaWells Fargo Foundation

InvestorDavid A. Stein Family FoundationEdna Sproull Williams FoundationEverBankJack UibleJoan W. NewtonJP Morgan Chase FoundationThe Lucy Gooding Charitable Foundation TrustThe Prudential FoundationSt. Vincent’s Health SystemSun Trust Bank, North Florida

SustainerAnheuser-Busch FoundationThe Arthur Vining Davis FoundationsCITIDeutsche BankFlorida BlueThe Home Depot Foundation

DonorChartrand FoundationCIBC National BankDavid M. Hicks

DuBow Family FoundationFifth Third BankFlorida Rock Industries, Inc.GMAC Financial ServicesIrene & Gasper LazzaraRegency Realty CorporationRegions BankThe Diane T. and

Charles E. Rice Family Foundation, Inc.Martin E. Stein, Jr.The Stellar GroupTD Banknorth Charitable FoundationThe Thomas M. Kirbo and

Irene B. Kirbo Charitable TrustWinn-Dixie Foundation

FriendCompass BankDex Imaging, Inc.Robert T. ShircliffSherry P. Magill, Ph.D.John Surface

Public PartnersCity of JacksonvilleU.S. Department of Housing and Urban

DevelopmentFederal Home Loan BankFannie Mae Foundation

LISC Jacksonville10 West Adams Street, Suite 100 Jacksonville, Florida 32202904.353.1300 • www.liscjacksonville.org

I DIDn’T WanT TO LIVE In a COMMunITy THaT WaSn’T SaFE. — DaRCEL HaRRIS, ENVIroNmENTAL ACTIVIST, EASTSIDE

Darcel Harris grew up in Eastside and returned in 1992 to stay. “Eastside is home,” says the retired business systems manager and current FSCJ student. “So when I see trash, debris or cracked sidewalks, I try to do something about it.” Harris is active in efforts to make her community EPIC. She has visited

schools to bring awareness to cleanups, fairs and Neighborhood Watch. She is a regular at meetings sponsored by Operation New Hope and the Jacksonville Community Council. She sits on the East Jacksonville Citizens Planning Advisory Committee, and she recently joined the board of Groundwork Jacksonville, an organization dedicated to solving environmental problems in Historic Springfield and Eastside. Harris also helped motivate much-needed improvements at A. Philip Randolph Heritage Park in the heart of Eastside. “I have a mindset to help,” she says. “I believe in working together for change.”

nOW WHEn My GRanDCHILDREn WanT TO SPEnD THE nIGHT, THEy Can.

— PRInCE STEVEnS, FIrST-TImE HomEoWNEr,

NorTHWEST JACkSoNVILLE

Army veteran Prince Stevens was living in a one-bedroom apartment at the Brentwood Lakes seniors tower when he attended a home ownership presentation by NJCDC. “I only went because I was president of my resident council,”

he says. “I never thought I could afford a house on a disability pension.” But to his surprise, Stevens’ credit score was good enough to qualify for assistance. “They mostly did everything for me,” he says. “I even took three or four classes in financial management, credit and home ownership.” Eleven months after sign-up, he moved into a comfortable home on a quiet street in the Paxon area — and married his longtime sweetheart in the front yard. Stevens, who grew up in foster care, is grateful for his good fortune. “I try to keep this place real neat,” he says. “I want my blessing to show.”

CLEanInG uP MaIn STREET WaS IMPORTanT FOR THE WHOLE COMMunITy. — aLICIa DORSIE-FRanK, SPAr BLoCk CAPTAIN, EAST SPrINGFIELD

When Alicia Dorsie-Frank and her husband moved to Springfield in 1998, their neighborhood east of Main Street had not yet been redeveloped. “It was my dream to restore an historic house,” says Dorsie-Frank.” I fell in love with a 1908 house that was about to be condemned, and the rest is history.” Her next step

was persuading neighbors to follow her lead and fix up their properties. Today, she says proudly, hers is “the best street in town,” with a diverse mix of neighbors who get together for parties on the porch and trips to downtown events. Dorsie-Frank first heard about EPIC Communities during a SPAR (Springfield Preservation and Revitalization) meeting. “LISC and Operation New Hope have done good things for East Springfield — restoring houses, creating construction jobs and getting façade grants to spruce up Main Street. It’s great to see that kind of progress.”

Progress is sometimes found in things you can’t see, like the heartbeat of a community. We’ve been able to bring people together.

— Kevin Gay, operation New Hope

2014

Rep

ort

to

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nity

Empower People…Inspire Change

Lisc Brochure FINAL.indd 1-3 4/23/15 7:38 PM

Page 2: LISC Jacksonvill Annual Report Annual report

Our Results

Our Investments

2014 SINCE 1999

TOTaL InVESTMEnT $6 million $61 million

DOLLaRS LEVERaGED $21 million $186 million

HOMES anD aPaRTMEnTS 5 homes/ 90 apartments 295 homes/1,509 apartments

In 2014, LISC Jacksonville invested $6 million in grants and equity to revitalize Jacksonville neighborhoods through partnerships that build communities and improve lives. Since 1999, LISC Jacksonville has leveraged $61 million in local capital, which created more than $186 million in private investment for some of Jacksonville’s most distressed and underserved neighborhoods.

Thriving, safe neighborhoods are critical to the success of a city. Since our founding in 1999, LISC has concentrated our efforts at the neighborhood level.

over the past 15 years, grants and loans from LISC totaled $61,352,729. LISC support covers a wide range of community needs, including wealth-building, safe/affordable housing, education, health, recreation, community engagement and economic development.

These grants and loans leveraged an additional $186 million in investments in our community from outside sources.

HOuSInG:•� Financed the construction of 295 affordable single family

homes (including a “green” subdivision), adding $20 million to Jacksonville’s property tax rolls.

•� Financed the construction of five multifamily communities with a total of 309 affordable apartments, including:

• service-enrichedhousingforfamiliesworkingtheirwayout of homelessness;

• housingforveterans,seniorsandpersonswithdisabilities; • a“green”independentseniorlivingfacility;and•� Provided technical assistance grant funding for 1,200 additional

rental units.

ECOnOMIC DEVELOPMEnT•� Provided New Markets Tax Credits to help redevelop the

former Haydon Burns Public Library into the Jessie Ball duPont Center, a signature project in Downtown Jacksonville.

•� Invested in North Point Town Center, the first major commercial development project in the heart of Northwest Jacksonville in more than 30 years.

•� Established a business incubator program with the Beaver Street Enterprise Center.

•� Commissioned studies to assess the potential for a commercial development on Main Street, Myrtle-Moncrief (Northwest Jacksonville) and Kings Road as part of the New Town Success Zone.

•� Invested in the A. Philip Randolph commercial corridor north of EverBank Stadium.

FaMILy WEaLTH anD InCOME BuILDInG•� Created 3,100 jobs through LISC-inspired employment

opportunities.•�� Worked with Real Sense Prosperity to bring free tax

preparation services to targeted neighborhoods.•� Initiated plans for a full-service, neighborhood Financial

Opportunity Center.

EDuCaTIOn anD yOuTH•�� Provided tax credits to bring the first KIPP Charter School in

Florida to Jacksonville. •�� �Helped SALTech Charter School evaluate opportunities for

expansion.•�� In collaboration with the NFL, built nine athletic fields serving

more than 3,000 youth.

HEaLTH anD SaFETy•� Engaged in community safety initiatives that led to a 29%

reduction in crime in LISC-targeted neighborhoods.•� Helped in the creation of White Harvest Farms, an urban

farm that creates jobs, provides healthy foods and serves as a business opportunity for the neighborhood.

•� Engaged Groundwork Trust in the clean-up of Hogan’s Creek in East Jacksonville.

•� Fostered the identification and demolition of 227 drug houses and other blighted properties in targeted neighborhoods.

A great asset isn’t necessarily brick and mortar, it’s people who can tell us what a neighborhood really needs.

— Kevin Gay, operation New Hope

BEFORE

aFTER

Loans: 28.8 %

Grants:18.9% new Markets Tax Credits: 28.4%

nEF-LIHTC Equity:* 21.5 %

NFL Playing Fields 1.3%AmeriCorps 1.1%

*National Equity Fund – Low Income Housing Tax Credits

our Partners:Ability Housing of Northeast FloridaClara White MissionHabiJaxNewTown Success Zone

Northwest Jacksonville CDCOperation New Hope CDCWealth Watchers CDCUnited Way of Northeast Florida

Letter from the Chair and Executive DirectorThe story of LISC’s first 15 years in Jacksonville is so much more than brick-and-mortar development. We believe that by working holistically and mobilizing financial, technical and human resources, both people and places prosper. We have led efforts to guide the development of productive alliances among residents, local government, the business sector and the philanthropic community. We have focused on issues of housing, economic development, education, safety, and more – Nurturing Hope, Empowering People and Inspiring Change.

We are so grateful for the ongoing commitment of our partners and stakeholders. We celebrate our donors, who understand that our presence attracts national funding by leveraging local philanthropy to inspire others to invest in our work. Thank you to all who share our belief that vibrant urban neighborhoods are key to a healthy downtown; that neighborhoods thrive when grocery stores, schools and parks happen simultaneously with affordable housing; and that building a strong community starts with engaging the people who live in it.

J.F. Bryan, IV Janet Owens Chair Executive Director

“Residents wanted to bring the community back to its former glory. LISC invested seed money to get our organization started then gave us training and skills to get things done. It’s wonderful to be a part of neighborhood change.” — Mary Eaves, Northwest Jacksonville resident and community leader

IN JANuAry 2013, EASTSIDE/HISTorIC SPrINGFIELD AND

NorTHWEST JACkSoNVILLE BECAmE JACkSoNVILLE’S FIrST

“EPIC” NEIGHBorHooDS. rESIDENT STAkEHoLDErS ArE

EmBrACING LISC’S NATIoNALLy ACCLAImED moDEL oF

rEDEVELoPmENT To CrEATE SIGNIFICANT, LASTING CHANGE.

FOR THE FIRST TIME, InSTEaD OF OuTSIDERS TELLInG uS WHaT WE nEED, EPIC aSKED THE PEOPLE WHO LIVE HERE. — WILLIE LyOnS, SmALL BuSINESS oWNEr, NorTH PoINT ToWN CENTEr

When listening sessions and one-on-one surveys revealed that residents in an underserved area on the Northside dreamed of a neighborhood coffee shop, Paul Tutwiler of Northwest Jacksonville Community Development Corporation (NJCDC) knew just who to call. “Willie Lyons not only had the experience, he

knows just about everybody around here,” he says. Lyons, whose bustling “The Point” Coffee Shop and Café serves coffee, breakfast and lunch to a mostly walkup crowd, is gradually buying the business with help from NJCDC and LISC. He is encouraged by commercial development in a neighborhood he’s called home for more than 70 years. “This is a unique location with a lot of pride,” says Lyons. “I remember when there was a dry cleaner, a laundromat, basic services like that. To get people to move back, we’ve got to bring back neighborhood convenience.”

2014

EPICStep Forward

An

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