$50,000,000 Fund to Revitalize Entire Neighborhoods---at Work in - TopicsExpress

$50,000,000 Fund to Revitalize Entire Neighborhoods---at Work in Greenville.* 2 years ago I called the State Employees Union Leadership in Raleigh. Had heard about an idea---interest of Credit Unions to invest their money in urban home renewal. A year later Greenville, Greenville, North Carolina and Durham, NC where chosen as Beta Sites to Launch a $50,000,000 Fund to purchase blocks of dilapidated homes and foreclosures to rebuild & revitalize* entire urban blocks in cities with new homes. We Launched an aggressive program to take these refurbished homes clustered in revitalized blocks--- and empower tax-paying properties. Turn renters of these new properties into new home owners. Take-back these blighted neighborhoods and revive entire city blocks with local contractors private sector money.* Happy to report PROJECT REVITALIZE is well under way with multiple properties rebuilt and 25 targeted for rebuild in the near future. Amazing what can be done in 2 YEARS when the right partners get in the same room and a plan is put into action. THANK YOU SECU for agreeing to take on this game-changing venture and your partnership enabling Greenville & Durham--- as your launch cities.*

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