Neighborhood Recovery Community Development Corporation

NRCDC takes a comprehensive, sustained approach to community economic development: the people, the place, and the economy. NRCDC seeks to create communities that offer a high level of opportunity for residents and stakeholders with intentionally intergenerational, collaborative, and inclusive programs. NRCDC celebrates 33 years of service to the Greater Houston community, delivering comprehensive community development in Houston's inner-city communities of color by responding to three central questions:

a. What steps are individuals and families taking to make sure they are living their best life?
b. Can long-term residents afford to stay in their communities if they desire?
c. Do residents and businesses have increased confidence they are prepared for life disruptions when they occur?

NRCDC partners to create communities that are healthy, vibrant, and resilient, using a comprehensive approach that includes:
• Affordable Housing - NRCDC has five projects in various stages of development, which will yield 250 units over the next five years. NRCDC houses 240 families each year.
• Community Revitalization - NRCDC is the convening agency for the Old Spanish Trail/South Union (OST/SU) community, a Great Opportunity (GO) Neighborhood, implementing the community's 29 strategies through the work of eight GO Teams.
• Financial Capability and Asset Building - Serves over 14,000 people each year in financial training, counseling, and coaching.
• Community Economic Development - Completes and implements a collaborative, integrated investment strategy and retail assessment for the OST Corridor.
• Community Loan Center of Greater Houston (CLCGH) - Part of a nationwide collaborative providing an alternative to payday and title loan products, CLCGH saves borrowers potentially $655 per loan on interest and fees.

Operation Impact seeks a results-oriented model, relevant and scalable, that coordinates different programs, funding sources and partners to ensure at least 25 families who earn 80% or less of AMI move along the housing continuum at their pace and desires, regardless of where they enter. This choice-driven model involves all of the community development initiatives below:

1. More than 100 families will be in a better position to own homes because they will learn about homeownership and the home-buying process. They would have increased their financial capability and devised a plan for improving the financial sustainability of their families

2. Five families will purchase homes

3. Ten families will move into the new rental housing

4. 1,400 families will save a potential of $917,000 ($655 per loan) on interest and fees annually

5. 20 families will create backyard gardens annually, producing fresh produce, leading to healthier lifestyles as part of the 100 backyard gardens program

6. The OST / SU community will have a better understanding of the economic development implications and able to steward community economic development efforts

Residents, businesses, organizations, and governments come together to create communities of choice and opportunity, acknowledging and addressing areas of concern while aspiring for a sustained improvement in their quality of life.

Stability - Board, management, and financial stability
Expertise - Community Development and asset building
Experience - Over 33 years working in Houston's underserved communities and developed more than 300 units of affordable housing
Partnerships - More than 90 organizational partners and 800 residents working hand in hand
Assets - inventory of land

The most significant achievements are:
• OST Corridor Investment Strategy – NRCDC completed a collaborative, integrated investment strategy for the OST Corridor, identifying five high-impact sites, valued at approximately $125,000,000.
• Nubia Square – NRCDC owns this 192-unit apartment complex located at 3711 Southmore, which averages 95% occupancy and transitions an average of 10 families per year from rental to homeownership.
• Renaissance Center - Created and developed a 100,000-square-foot grocery-anchored retail center, the first of its type in Texas developed by a community-based organization. Economic impact estimated at $40,000,000 annually. NRCDC sold the Renaissance Center.
• Financial Capability and Asset Building - Provides financial capability, homebuyer counseling, homeowner training, asset building, and protection services to more than 3,000 families annually.
• Affordable housing program – Operates an affordable housing program for low and moderate-income families by constructing new, energy-efficient single-family homes with innovative floor plans designed to build stronger family ties; rehabilitating existing homes, and introducing workforce housing. NRCDC will also develop low-density, multi-family housing appropriate to neighborhoods, and may offer LEED certification for future homes.
• Community Engagement and Revitalization – Convening agency for the OST / South Union GO Neighborhood, working with a collaborative of eleven civic clubs, residents, businesses, community leaders, and other stakeholders. The goal is to transform the built and civic environment, while also building the leadership capacity of residents to serve and build the community's assets.
• Community Loan Center of Greater Houston - NRCDC is working in a statewide collaborative to provide an alternative to payday and title loan products extremely prevalent in the community. These businesses sap the wealth and health of the community. The collaboration encourages financial literacy and education, while also promoting choices that are healthy for families and communities.