May 22, 2013

MTJ13028_116 - CopyST. LOUIS, MO, May 8, 2013–The I. Jerome and Rosemary Flance Early Childhood Education Center at Murphy Park announced today that it has been awarded an NDC Academy 2013 in the Creative Financing category.  Located at the heart of several underserved, mixed-income neighborhoods, the Center is a 23,800 sq. ft. facility that includes a wellness clinic and classrooms for infants, toddlers and preschool children.

The Murphy Park area has been identified as a major concern by St. Louis officials with respect to virtually every public health indicator.  The Center will be a comprehensive, state-of-the-art facility with a staff dedicated to educating the “whole child” mentally, physically, socially and emotionally by implementing best practices in early childhood education and whole health.  The Center will use a mixed-income approach in its enrollment policy; this protocol will serve as a model of racial, cultural and socio-economic diversity for future projects.

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Despite Murphy Park’s recent redevelopment, the neighborhood has continued to struggle to meet the needs of the community’s children and families.  A major gap exists in services available to local residents.  The Center strives to provide services and resources that will close this gap and put children on a trajectory for success.

 

For more information, contact Lauren Brenner, Project Manager, Urban Strategies, Inc., 720 Olive St., Suite 2600, St. Louis, MO 63101, (314) 421-4200, lauren.brenner@urbanstrategiesinc.org.

 

The National Development Council (NDC), a national leader in economic and community development, celebrated its fifth biennial Academy 2013 with San Antonio Mayor Julián Castro and U.S. HUD Secretary Shaun Donovan as keynote speakers.  Mayor Castro welcomed the 350 plus participants at the event’s Keynote Lunch on the opening day, while Secretary Donovan addressed attendees during the Awards Luncheon held the final day of the conference.

Since 1969, NDC, one of the nation’s oldest non-profit community development organizations, has been committed to increasing the flow of capital to distressed urban and rural communities.  NDC is mission-driven to create and implement community and economic development strategies that improve underserved communities and bring about catalytic change.  To accomplish these goals, NDC offers a wide range of services, including technical assistance, professional training, small business financing, development expertise, and debt and equity for housing, commercial and community facilities projects.

 

Over the years, NDC has invested more than $450 million in equity for affordable housing and historic preservation projects, which has leveraged an additional $500 million of investments. “We are proud to have financed projects that include housing for families, seniors and people with special needs nationwide, creating more than 7,500 units of housing in 29 states and the Commonwealth of Puerto Rico,” said Robert W. Davenport, President of NDC.

 

Other winners of NDC Academy 2013 Awards:

Community Development
Mountain View, Anchorage, AK, the redevelopment several projects in a low-income community, undertaken by the Anchorage Community Land Trust

 

Job Creation
Green City Growers Cooperative, Cleveland, OH, a multi-faceted project that includes a year-round hydroponic food production greenhouse, a 38,000 square foot distribution center, supported parking and green space on nearly 11 acres

 

Affordable Housing Category
Verde Gardens, one of the most innovative supportive housing projects in the country, which is a supportive housing community in Homestead, Florida for formerly homeless families and individuals with special needs, which includes a 22-acre on-site development including sixty 2 bedroom, 2 bathroom units located in Miami, Florida

 

Nearly 80 projects were submitted by communities from across the country.  Award winners were selected by their peers.  For more details about the award winning projects, visit www.NDCAcademy2013.org

 

NDC Academy 2013 was sponsored by:

Citi Community Development, CohnReznick; BB&T; PNC ; Shallo, Galluscio, Bianchi & Fucito; Law Office of Mark D. Foster; SunTrust; Hillis Clark Martin & Peterson; Novogradac & Company; KeyBank; Applegate & Thorne-Thomsen; Arthur J. Gallagher & Co.; Pep; and Status Credit.

 

About The NDC Academy
The NDC Academy is a biennial conference of the National Development Council, which brings together economic and community development professionals from around the nation with policy makers, advocates and elected officials for high impact training, learning and networking.

About the National Development Council
For more than 40 years, the National Development Council has worked to create and implement economic and community development strategies that increase the flow of capital, establish finance programs and help to create a professional economic and community development workforce.  NDC offers a wide range of services, including development assistance, professional training, small business financing and debt and equity for residential, commercial, public and non-profit facilities projects.  To learn more, please visit www.nationaldevelopmentcouncil.org.

 

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