Shipyard Legacy FundProgram Strategies

Prepared by:

Urban Strategies Council

WHERE WE ARE SO FAR

1. Economic development-- emphasizing employment, housing and financial and asset development– is our ENGINE OF CHANGE.

2. Arts Culture and Recreation, Youth Development, Elder Services and Health, Environment and Safety are important focus areas.

“Over $1 billion ineconomic development investments will significantly impact the (BVHP and Visitacion Valley) neighborhoods in the next few years.”*

SOURCE: Mayor’s Office of Communities of Opportunity Pilot Phase Business Plan2006-2010Executive Summary

The Neighborhood Context

INCOME AND ASSET DEVELOPMENT ACTIVITES

• Income Support

• Income Development and Protection

• Asset Accumulation

• Asset Leveraging

• Asset Preservation

• Asset Creation

HOUSING ACTIVITIES

• Emergency Housing

• Supportive Housing

• Subsidized Rental Housing

• Subsidized Home Ownership

• Market Rate Home Ownership Assistance

• Assistance for Existing Home Owners

EMPLOYMENT ACTIVITIES

• Outreach/ Recruitment

• Basic Skills

• Industry Specific Skills

• Wrap Around Support Services

• Placement

• Monitoring Placement Commitments

Urban Strategies Council Recommendations

• LEVERAGE, LEVERAGE, LEVERAGE!!!• Use SLF to harness the market. Public and

private investments in BVHP should benefit residents:– Housing- Fill in the affordability gaps – Jobs- Get commitments & monitor them– Assets-Flexible peer-based approaches

• Create the capacity to monitor, intervene and participate in economic development activities in BVHP.