The nonprofit partnership is using a complex data-driven platform to identify targeted lowand moderate-income neighborhoods in the city, purchasing vacant properties, rehabilitating them through a local workforce development program, and converting them to rental. The ultimate goal is to ensure that the properties remain local neighborhood assets. To achieve this, the partnership is prioritizing rentals and sales to qualified local residents or nonprofits.
Such an innovative strategy seeks to complement local government and investor activity so that residents can share in the benefits of a housing recovery.