Creating new neighborhoods is the first step in stabilizing depressed urban areas. Increasing home ownership builds hope, shapes economic investment in the community and builds generational wealth and financial independence for hard working families.
By reducing vacant and boarded up housing and encouraging economically secure homeowners to reside in a blighted community, crime is reduced, the tax base for services increases, schools improve and there’s potential for retail development.
In communities where Builders of Hope plans to work, it coordinates and leads meetings with local residents to incorporate them into the planning and implementation of projects. Civic groups, churches and businesses are engaged in the community revitalization process. This inclusive approach is vital to the success of the work.
Additionally, Builders of Hope supports its new neighborhoods with the development of neighborhood associations. Homeowners are then trained in the roles and responsibilities of officers, running an election process and strategies for community engagement and communication. Covenants are created to ensure consistent architectural continuity and articulate the responsibilities of each homeowner for overall maintenance of the property.
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