By the Numbers: CDCs That Led the Way in Supporting Families in 2018
MACDC is proud to document the collective impact of CDCs in our annual GOALs Report. In the 2019 Report, we celebrated this collective impact CDCs achieved in 2018:
- Engaged 1,910 Community Leaders
- Built or Preserved 1,535 Homes
- Created or Preserved 4,305 Job Opportunities
- Provided Technical Assistance to 1,369 Entrepreneurs
- Invested $801.5 Million in Local Communities
- Supported 84,224 Families with Housing, Jobs, or Other Services
What does it mean that the CDCs collectively supported over 84,000 families? By digging a little deeper into the numbers, we’ve highlighted CDCs which led the way in delivering programs and services to families that need them. Significant attention is (rightfully) paid to the affordable housing developed by CDCs, but there is so much more to their work. Click on the links that accompany the numbers below, to see some great examples of how CDCs are improving the lives of those who live in the communities they serve.
Helping Families Acquire, Preserve, and Improve Homes:
- Through its programs to help low-income residents deal with home repair needs in their homes and address lead hazards, NeighborWorks Housing Solutions preserved 162 homes
- NeighborWorks Housing Solutions also led the way on homebuyer counseling, providing pre-purchase education to 1,144 first-time homebuyers.
- Oak Hill CDC, through its NeighborWorks Homeownership Center of Central MA, offered the assistance of certified housing counselors to 133 families to help them avoid foreclosure, with 77 families receiving a loan modification or other positive outcome.
- Way Finders helped 1,763 maintain their existing rental housing or obtain new permanent housing (separate from their administration of rental assistance programs)
Assistance for Those Seeking Employment and Owning a Small Business:
- Codman Square NDC provided Adult Basic Education to 123 individuals. Its Men of Color/Men of Action Initiative focused on to providing support and leadership development in the Codman Square/ Four Corners Community.
- Through its English language program, the Waltham Alliance to Create Housing (WATCH) offered classes at three levels to 255 people, supplemented by one-on-one tutoring.
- The Neighborhood Developers provided 1,769 people with Job Training and Workforce Development assistance. Through its CONNECT Program, TND partners with five agencies working to improve the financial mobility of low-income families.
- Common Capital provided personalized business assistance and financing to 505 small business entrepreneurs. An affiliate of Way Finders, Common Capital is certified by the U.S. Treasury Department as a Community Development Finance Institution (CDFI).
Building Assets and Financial Stability:
- Through its Individual Development Account (IDA) Program, Lawrence Community Works helped 106 people with an incentivized savings plans designed to assist them achieve their dreams.
- The Community Economic Development Center in New Bedford assisted 1,969 families with free electronic tax filing and help with claiming the Earned Income Tax Credit.
- The South Middlesex Opportunity Council (SMOC) provided financial coaching to 1,300 individuals, including help with budgeting and credit counseling.
Helping Youth and Elders:
- Community Teamwork assisted 626 elders. For more than 35 years, Community Teamwork’s Senior Corps Volunteer Program has paired senior volunteers with nonprofit organizations, children and others.
- Groundwork Lawrence served 1,753 young people through several initiatives. Its Green Team offers part-time, paid positions to Lawrence high school aged students each year to learn and lead local environmental and health initiatives.