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Nuestra Comunidad Development Corporation is devoted to building the wealth and enhancing the physical, economic and social well-being of Roxbury and other underserved populations in greater Boston, through a community driven process that promotes self-sufficiency and neighborhood revitalization.
In 1981, residents of the Dudley Neighborhood of Roxbury created Nuestra Comunidad Development Corporation to take control of blighted and vacant land, build new housing, and leverage their combined energies for a better future. Nuestra Comunidad works to achieve its mission through four main focus areas:
1. Affordable Housing – production of affordable rental housing (new construction), preservation of affordable rental housing (rehabilitation), and production of affordable homes (for ownership);
2. Entrepreneurship – business incubation, small business technical assistance, business plan preparation, and loan packaging;
3. Individual Asset-Building – homeownership lending programs, 1-1 counseling, classes for existing and potential homeowners, and assistance to senior citizens who are owner-occupants of multi-family homes;
4. Housing Security/Stability – housing advocacy and placement to help senior clients mitigate individual housing crises; counseling and case management, referrals, recreational and community-building opportunities for Nuestra residents; and assistance in addressing community-wide issues (e.g., jobs, money, childcare, quality of life, and crime).
As we celebrate our 25th Anniversary this year, we at Nuestra Comunidad are proud to acknowledge our organization's past achievements. Meanwhile, we continue to play a critical role in the ongoing revitalization of Roxbury and other underserved communities in Boston.
In its first 25 years, Nuestra Comunidad Development Corporation has accomplished the following:
Affordable Housing
· Produced 132 units of affordable homeownership and produced or preserved 705 units of affordable rental housing;
· Acquired and developed three historic buildings (Sargent Prince, Palladio Hall, and Dartmouth Hotel) in Dudley Square for residential and commercial development;
· Established a strong track record of working with minority business owners and contractors.
Individual Asset-Building
· Trained over 1,600 people in homeownership and helped 475 families buy their first home;
· Launching a new first-time homebuyer mortgage product that enables low- to moderate- income families to purchase their first home;
· Created the Senior Vacant Unit Initiative, which curtails poverty among senior citizens in Boston by providing financial and management assistance to low-income senior citizen homeowners who are owner-occupants of multi-family dwellings.
Entrepreneurship
· Originated $4.4 million in loans and provided technical assistance to more than 1,600 small businesses;
· Created the Village Pushcarts micro-enterprise development initiative in 1998, providing business experience and entrepreneurial training to low-income individuals;
· Launched Nuestra Culinary Ventures, Boston’s only kitchen incubator for culinary entrepreneurs;
· Awarded $1 million in New Markets Tax Credits to provide local businesses with mortgages to acquire real estate.
Housing Security/Stability
· Since 2004, provided housing counseling, search and placement for 550 seniors at risk of becoming homeless;
· In the first half of 2006, provided nearly 400 instances of counseling and case management services to residents, conducted 86 educational field trips and seminars, and made 243 referrals to local social service providers;
· Supported the creation and on-going activity of three neighborhood associations – Howard/Dacia, Alaska St., and Mt. Pleasant/Vine.
