successful partnerships presented by reinvestment in communities

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Successful Partnerships presented by Reinvestment in Communities

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Page 1: Successful Partnerships presented by Reinvestment in Communities

Successful Partnerships presented by

Reinvestment in Communities

Page 2: Successful Partnerships presented by Reinvestment in Communities

Cherokee Street Apts. Kings Mountain, NCFront View

Cherokee Street Apts. in Kings Mountain is a NCHFA 400 Initiative specifically designed for people with disabilities.

A good partnership begins with a team of dedicated partners with a single-minded vision.

If you are inexperienced in development, make sure the partnerships you choose can bring experience to the table that you do not have.

Page 3: Successful Partnerships presented by Reinvestment in Communities

Cherokee Street Apts.Kings Mountain, NCSide View / Rear Property

Serving people with disabilities requires a community partnership dedicated to ensure tenants can successfully live independently.

Partnership : Pathways LMEStaff dedicated to MH/DD/SA services and the same single- minded vision provided the pre-development costs for the project.

Page 4: Successful Partnerships presented by Reinvestment in Communities

Cherokee St. Apts.Kings Mountain, NCSide View / Porch

Experience is the greatest tool for success. Choose partners that are experienced in the type of project proposed.

Partnership: Sarver Housing Group, Chapel Hill, NCSarver Housing Group are consultants with the expertise needed to bring a development budget and application proposal to reality.

Page 5: Successful Partnerships presented by Reinvestment in Communities

Cherokee St. Apts.Kings Mountain, NCFront View – Upper SideVitally important to the success of a project is the skill and knowledge of the architect. Never sell yourself short when it comes to architectural services.

Partnership: Bell Architectural Services, Greensboro, NCA good project proposal begins with an architect who understands the needs of the tenants. Ken Bell was a part of this project from pre-development planning to certificate of occupancy and through the one-year warranty.

Page 6: Successful Partnerships presented by Reinvestment in Communities

Cherokee Street Apts.Kings Mountain, NCFront View-Lower WingProfessionalism, experience and dedication are the adjectives needed to describe the general contractor team member.

Partnership: Garanco , Inc.Pilot Mountain, NCCompletion of a project on time and within budget is important. However, equally important is quality, quality, quality. Get what you pay for by choosing a general contractor who has a reputation of building a quality product.

Page 7: Successful Partnerships presented by Reinvestment in Communities

Cherokee Street Apts.Kings Mountain, NCRear View

Funding sources are important choices because they are with you from the beginning and for the long term.

Partnership: North Carolina Housing Finance AgencyThe staff at the NCHFA are dedicated to a high quality product, the occupants, and to your project’s future success. Do not look at your funders as just the money people. They are another source of experience and a great resource as advisors.

Page 8: Successful Partnerships presented by Reinvestment in Communities

Cherokee Street Apts.Kings Mountain, NCUpper Front ViewSecondary funders for development are equally important partner in success.

Partnership: City of Gastonia Community Development

HOME funds are a source of funds through entitlement cities/consortiums as well as the State of N.C. HOME was a secondary sources of development funds. If at all possible try to keep funding partnerships to two sources. More than three sources are not recommended due to possible funding conflicts.

Page 9: Successful Partnerships presented by Reinvestment in Communities

Cherokee Street Apts.Kings Mountain, NCAlternate Front View

Community partnership s can make or break the proposed project.

Partnership: City of Kings Mountain

Thanks to the City of Kings Mountain staff NIMBYism was not an issue. Everything completed in a professional manner. Positive feedback from neighborhood resulted.

Page 10: Successful Partnerships presented by Reinvestment in Communities

Cherokee Street Apts.Kings Mountain, NCCommunity Space

Community partners creates positive relationships.

Partnership: Timms Furniture, Kings Mountain

Thanks to Timms Furniture, we were able to furnish all of the units affordably. They provided a decorator at no charge to measure the units and make a variety of recommended choices for the units.

Page 11: Successful Partnerships presented by Reinvestment in Communities

Cherokee Street Apts.Kings Mountain, NCCommunity Laundry

Minor partnerships are essential to completion of all phases of planning and construction.

Partnerships:Advanced Energy- Energy Star rated housing units.GEO Technologies- Environmental AssessmentOther partners:Appraiser - AppraisalAttorney - Legal docsAccountant - Certification of cost.