Shipyard Legacy Fund Program Strategies

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Shipyard Legacy FundProgram Strategies

• Prepared by
• Urban Strategies Council

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WHERE WE ARE SO FAR
ECONOMIC DEVELOPMENT-- Employment, Housing
Asset Development

• 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.
  

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The Neighborhood Context
Over 1 billion in economic development
investments will significantly impact the (BVHP
and Visitacion Valley) neighborhoods in the next
few years.
SOURCE Mayors Office of Communities of
Opportunity Pilot Phase Business
Plan 2006-2010 Executive Summary
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INCOME AND ASSET DEVELOPMENT ACTIVITES

• Income Support
• Income Development and Protection
• Asset Accumulation
• Asset Leveraging
• Asset Preservation
• Asset Creation

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HOUSING ACTIVITIES

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

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EMPLOYMENT ACTIVITIES

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

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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.