URBAN NEIGHBORHOOD DEVELOPMENT CORP
166 S HIGH STREET ROOM 400, AKRON, OH 44308 www.akronohio.gov

Total Revenue
$-3,701
Total Expenses
$53,129
Net Assets
$316,830

Organizations Filed Purposes: REVITALIZE AND IMPROVE THE INNER CITY AND ENCOURAGE PRIVATE HOME INVESTMENT AS WELL AS STABILIZE OR EVEN HELP INCREASE THE PROPERTY VALUES OF THE NEIGHBORHOODS WE BUILD IN.

REVITALIZE AND IMPROVE THE INNER CITY AND ENCOURAGE PRIVATE HOME INVESTMENT.

THE URBAN NEIGHBORHOOD DEVELOPMENT CORPORATION (UNDC) IS A NON-PROFIT CORPORATION ADMINISTERED BY THE DEPARTMENT OF PLANNING & URBAN DEVELOPMENT, WHICH CONTRACTS AND OVERSEES THE CONSTRUCTION OF NEW SINGLE-FAMILY HOMES ON SCATTERED SITES AROUND THE CITY. THE OBJECTIVE IS TO PROMOTE THE REVITALIZATION OF THE URBAN NEIGHBORHOODS THROUGH NEW PRIVATE MARKET HOUSING FOR MODERATE AND MIDDLE-INCOME FAMILIES. THE UNDC TYPICALLY BUILDS NEW HOMES ON LOTS WHERE DILAPIDATED STRUCTURES HAVE BEEN DEMOLISHED, RETURNING PREVIOUSLY BLIGHTED NEIGHBORHOODS TO A STABILIZED NEW HOUSING MARKET AREA. THE NEW HOMES ARE GENERALLY PRICED AT MARKET VALUE. EACH NEW HOME FEATURES AT LEAST 3 BEDROOMS, 1-1/2 BATHS, LIVING ROOM, FAMILY ROOM, AND A 2-CAR GARAGE. COMMUNITY DEVELOPMENT FUNDS ARE USED FOR UNDC HOUSES SOLD TO LOW AND MODERATE INCOME FAMILIES. UNDC ALSO UTILIZES AVAILABLE GRANTS AND NEIGHBORHOOD STABILIZATION PROGRAM FUNDS TO BUILD NEW HOUSING WITH BUYER ASSISTANCE. SINCE INCEPTION, THE UNDC HAS BUILT OVER 400 NEW HOMES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Frederick WheatPROGRAM MANA14$0
Sean VollmanBOARD PRESID1$0
Adele TubbsTRUSTEE1$0
Tamela SkipperTRUSTEE1$0
Jennifer RodgersTRUSTEE1$0
Tony CrasiTRUSTEE1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202042819349300609_public.xml