NEIGHBORHOOD DEVELOPERS INC
4 GERRISH AVENUE, CHELSEA, MA 02150 www.theneighborhooddevelopers.org

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Organizations Filed Purposes: THE MISSION OF THE NEIGHBORHOOD DEVELOPERS, INC. (TND) IS TO CREATE STRONG NEIGHBORHOODS ENABLING COMMUNITY MEMBERS TO SECURE A STABLE HOME, ACHIEVE ECONOMIC MOBILITY, AND DETERMINE THEIR OWN FUTURE. TND EMPLOYS FOUR INVESTMENT STRATEGIES TO BUILD STRONG AND JUST NEIGHBORHOODS: REAL ESTATE DEVELOPMENT TO EXPAND AFFORDABLE HOUSING INVENTORY AND BUILD EQUITABLE NEIGHBORHOODS; COMMUNITY BUILDING TO FOSTER LEADERSHIP DEVELOPMENT IN ORGANIZING FOR SELF ADVOCACY; FINANCIAL CAPABILITIES AND WORKFORCE DEVELOPMENT TO INCREASE FAMILY PROSPERITY, DELIVERED IN COLLABORATION WITH OUR CONNECT PARTNERS; AND RESIDENT SERVICES, SO THAT THE RESIDENTS OF TND PROPERTIES SUCCEED AT HOME, SCHOOL, WORK AND IN THE COMMUNITY.

PRODUCTION OF AFFORDABLE HOMES - HOMES FORM THE FOUNDATION FOR A HEALTHY FAMILY BY PROVIDING A SECURE PLACE TO LIVE AND OFFERING READY ACCESS TO JOBS, SCHOOLS, AND LOCAL AMENITIES. WHILE TND PRIMARILY BUILDS AFFORDABLE MULTI-FAMILY AND SUPPORTIVE HOUSING, CORE TO OUR MISSION IS CREATING EQUITABLE NEIGHBORHOODS. OUR HOMES ARE DESIGNED TO FOSTER COMMUNITY CONNECTIONS AND ENVIRONMENTAL SUSTAINABILITY. AS RESPONSIBLE STEWARDS, TND MAINTAINS SUPPORTIVE AND GREEN HOMES THAT CONTRIBUTE TO FAMILY AND NEIGHBORHOOD WELL-BEING. DURING 2019, TND COMPLETED NEW CONSTRUCTION AND OCCUPANCY OF 34 UNITS, ACQUIRED 32 UNITS TO PRESERVE THEM AS AFFORDABLE HOMES, BEGAN CONSTRUCTION OF 51 RESIDENTIAL UNITS, AND MANAGED A PIPELINE OF OVER 300 AFFORDABLE AND HOMES.

FINANCIAL CAPABILITIES / WORKFORCE DEVELOPMENT / CONNECT STABLE AND SUFFICIENT INCOME ENABLES A FAMILY TO THRIVE AND ENVISION A BETTER FUTURE FOR THEMSELVES. AS THE FOUNDER AND LEAD AGENCY OF CONNECT, WE HAVE ESTABLISHED A NATIONALLY RECOGNIZED FINANCIAL OPPORTUNITY CENTER WHERE FIVE PARTNERS PROVIDE EMPLOYMENT PLACEMENT, SKILL DEVELOPMENT, INCOME STABILIZATION, AND FINANCIAL CAPABILITY SERVICES. AT THE CONNECT CENTER, TND DELIVERS JOB TRAINING AND PLACEMENT SERVICES, BENEFITS SCREENING AND FINANCIAL CAPABILITIES PROGRAMMING. CONNECT'S RESULTS SHOW THAT PEOPLE WITH LOW INCOME ARE MORE LIKELY TO MAKE FINANCIAL GAINS WITH INTEGRATED AND BUNDLED SERVICES. OF 260 COACHED CLIENTS IN 2019, 74% ACHIEVED A GAIN TO INCOME, CREDIT SCORE OR ASSETS. THE MEDIAN GAIN TO NET INCOME AMONG COACHED CLIENTS IN 2019 WAS $11,050 PER YEAR, WHILE 48% OF TOTAL SERVED IMPROVED THEIR CREDIT SCORES BY A MEDIAN GAIN OF 31 POINTS. AS THE LEAD AGENCY OF CONNECT, TND PROVIDES CONNECT'S FACILITY, COORDINATES INTEGRATED MULTI-PARTY SERVICE DELIVERY AND MANAGES THE PROGRAM'S DATA COLLECTION AND EVALUATION. IN 2019, 3,254 HOUSEHOLDS BENEFITTED FROM CONNECT'S PROGRAMMING.

PROVISION OF AFFORDABLE HOMES / RESIDENT SERVICES- SINCE 2005, TND'S HOUSING PORTFOLIO HAS INCREASED FROM 110 TO 461 UNITS. THE MAJORITY OF OUR APARTMENTS BENEFIT EXTREMELY-LOW INCOME TO LOW-INCOME HOUSEHOLDS EARNING 30% TO 60% OF THE AREA MEDIAN INCOME. TND HOUSES FORMERLY HOMELESS VETERANS AND FAMILIES, YOUNG MOTHERS, SENIORS, DISABLED INDIVIDUALS AND LOW- AND MODERATE-INCOME HOUSEHOLDS. TND PROVIDES SERVICES TO OUR RESIDENTS DIRECTLY OR IN PARTNERSHIP WITH THIRD PARTY VENDORS. THE PURPOSE OF RESIDENT SERVICES IS TO KEEP TENANTS STABLY HOUSED. SERVICES ARE PRIORITIZED TO SENIORS, HOUSEHOLDS THAT ARE BEHIND IN RENT, OR HOUSEHOLDS THAT DEMONSTRATE NEED FOR SOCIAL SERVICE SUPPORTS.

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