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ABOUT US

2005 Accomplishments


Program Milestones

Duluth LISC 2005 Investment Summary

Total Recoverable Grants:                            $   275,500
Total Operating Support Grants:                        201,500
Total Capacity Building and Internship Grants:     35,970
Consultant Contracts for CDC Support:                 3,600
Sponsorships:                                                     2,200

                          Subtotal:                          $   518,770
Total NEF Investments:                                  5,399,460

                    Total Investments:                   $5,918,230


National Equity Fund: $5,399,460

Center City Housing Corp. (CCHC) – Net equity investment in The New San Marco Apartments for 30 permanent supportive units for chronic alcoholic individuals and 40 units of replacement housing for the Gardner Hotel, a 1988 Low Income Housing Tax Credit development. - $5,399,460


Recoverable Grants: $275,500 (Project-specific, 0% interest funds that recycle for future use)

CCHC – Predevelopment cost increase to assist with the New San Marco Apartments project which is a 70 unit permanent supportive housing project. - $50,000

Neighborhood Housing Services of Duluth (NHS Duluth) – Predevelopment cost increase for architectural and other services necessary to obtain permits to rehabilitate and construct 16 units of housing at 4th St. and Lake Ave. intersection – the Lake View Condominiums. - $40,500

Northern Communities Land Trust (NCLT) – For predevelopment expenses associated with construction of 12 scattered site, affordable homeownership housing units representing Phase V of the City Homes program - $60,000

Women in Construction Company (WiCC) – For predevelopment expenses associated with the construction of three homes in the Hawk Ridge Estates development that will provide on-the-job training and employment for low-income women and people of color. Two of the homes will provide affordable workforce homeownership and the third will be a model home designed to stimulate new construction and create job training opportunities. - $50,000

Women’s Community Development Organization (WCDO) – Additional interim financing for Alicia’s Place project at 315 N. 2nd Ave. W., which is a renovation into a 15 unit efficiency complex for low-income single women. - $50,000

WCDO – For predevelopment expenses associated with construction of four condominium units of workforce/employer-assisted housing at 16 W. 5th Street. - $25,000


Operating Support Grants: $201,500

CCHC – Operating costs associated with the development, preservation and management of affordable rental housing for very low-income households, including the New San Marco Apartments - $21,060

Lincoln Park Business Group (LPBG) – An operating support grant to assist with the salary of the Executive Director to support programs and projects associated with the Lincoln Park Business District - $25,440

LPBG – General operating support to support LPBG’s mission and work plan goals - $25,000

NHS Duluth – Operating costs associated with programs and projects which implement “At Home in Duluth” goals. Also to assist with the Lake View Condominium project - $40,000

NCLT – Operating costs associated with NCLT’s Common Ground Deconstruction Services and Reuse Center and with NCLT’s City Homes and HOMELAND construction projects - $40,000

WCDO – Operating costs associated with the development, rehabilitation and management of Alicia’s Place, 26 family rental housing units at 315 N. 2nd Ave. West and the triplex rehabilitation at 18 W. 5th Street - $50,000


Capacity Building and Internship Grants: $35,970

CCHC – Duluth LISC provided this grant to help CCHC to provide its staff and board of directors with training on Board Governance, Supportive Housing, Property Management, and Innovations in Using Computers. CCHC will also use a portion of the grant to cover strategic planning expenses - $4,525

CCHC – Assist the Executive Director to attend HUD training in Washington, D. C. that will promote the goals of the organization - $922

Life House - To support the implementation of their Circle of Safety Program that will provide education, employment and housing opportunities to low-income, high-risk, and homeless youth in Duluth - $500

LPBG – An Internship Grant to promote the goals of the organization through completion of a banner project within the business district, assistance with newsletters, marketing, events, submission of grant applications and business plan preparation - $2,500

LPBG - Internship Grant funds to hire an intern to help prepare and deliver a comprehensive marketing strategy - $2,500

LPBG – For the executive director to attend two training seminars: the Neighborhood Reinvestment Training Institute’s NeighborWorks and the National Trust’s Main Street Conference - $2,700

NHS Duluth – The grant helped NHS Duluth to provide its staff and board of directors with training on Board Governance, Financial Management, Community Connections, Fund Management, Real Estate Management (including Historic Preservation), and on receiving staff certifications in loan technologies and homebuyer education - $9,750

NCLT – Sponsorship for their financial managers to attend the LISC Financial Management Professionals’ Conference - $325

WCDO – This grant was provided to WCDO to obtain software and assist with expenses related to completion of their 2006-2008 Strategic Plan. It also provides assistance for staff and/or board members to obtain training on financial management, board governance, asset management, property management, marketing and public relations, and for staff to obtain Certification as an Occupancy Specialist - $8,452

WCDO – For the executive director to participate in the Young Women of Color Executive Director Leadership training program - $250

WCDO – Sponsorship for their administrative assistant to attend the LISC Financial Management Professionals’ Conference - $325

WCDO – To assist with the business development of WCDO to strengthen their programs and efforts to help women and children who are either poor, homeless, or otherwise disadvantaged - $3,221

Consultants: $3,600

Karen Ray Associates – Duluth LISC retained the Consultant to assist the “At Home in Duluth” collaborative partners in evaluating their effectiveness, and articulating their self interests and contributions to the collaborative. She will also recommend strategies to promote effective cohesive action, including structure, governance, and decision making - $3,600

Sponsorships: $2,200

Mayor’s Citizen Action Committee on Homelessness – Co-sponsorship of the November 16th conference on Ending Homelessness – “A Plan, Not a Dream” - $200

Midwest Preservation Institute Training – Co-sponsorship of hands-on training to be held in Duluth for contractors and the community development industry in partnership with Duluth’s Preservation Development Initiative, the National Trust and Women in Construction Company - $500

Northwoods Nonprofits – Co-sponsorship of training for local CDCs/nonprofits for Recruiting and Engaging Board and Volunteers - $1,500