TSP CDC

OBJECTIVE

To identify and or create an organization structure that can be used to

develop housing opportunities in the urban core.

STRUCTURE

Establish organization structure that addresses the following:

Community Alignment Comprehensive plans and implementation strategies.

Part of the bigger picture.

How does this fit within existing plans? Not limited to planning.

Includes existing organizational structures, organizations, and community stakeholders.

Strategic initiatives around housing and community development.

Community Impact

Catalyst for additional investment.

Governance

• Management agreements within existing organizational structures. • Use what currently exists.

• Community engagement and representation.

• Staffing short term and long term.

Tax Status

Partnership

Chamber led initiative in partnership with area stakeholders.

Capitalize on existing organizations and well established programs.

• Micro Loan Program

• Housing Development Programs

• Other

CDC BOARD COMPOSITION

Commercial Realtor Developer

ArchitectDowntown Property OwnerLending CommunityDowntown Non-profitPublic Private Partnerships such as:

Chamber SDAT County City/Municipality

NEXT STEPS

Identify key individuals Finalize board make up

Identify rolesShort termLong termSustainability

Identify The First Project

Non-site specific case study where a rapid assessment and financial modeling, identifies potential funding sources and gaps.

Brian Hollenback 309.788.6311 Brian@TeamRockIsland.com