Over the past three years, CAPC has worked with the City of Newark to create ReSeed Newark, a program that builds upon CAPC’s existing work with scattered-site housing rehabilitation to specifically focus on abandoned and foreclosed properties in the four very low-income neighborhoods of Newark that are targeted by Living Cities’ Strong Healthy Communities Initiative (SHCI), a major Newark-based collaboration to comprehensively improve community health and well-being.
ReSeed Newark will invest in these local neighborhoods in three keys ways:
- Expansion of affordable housing Through ReSeed Newark CAPC will purchase and lead the rehabilitation of 156 vacant and abandoned properties from the City of Newark, converting these 390 residential units into quality affordable housing for Newark residents in need.
- Creation of jobs and entrepreneurship opportunities for Newark Residents CAPC will partner with Newark-based contractors and housing developers to rehabilitate at least 50% of the available housing units. Both CAPC and all partner contractors will commit to hiring at least 40% Newark residents.
- Training and Technical Assistance for Emerging Business Owners CAPC and community partners will hold a quarterly Contractor’s Training Class to prepare dozens of emerging business owners to work with CAPC and to take advantage of other potential development opportunities in the city.
Learn more about ReSeed Newark and how local nonprofit developers and contractors can get involved.
