CCWBE Report

Organization:
South Shore Chamber Community Development Corporation
Reporting Period:
Jun 2024
Submitted on:
December 30, 2024
Submitted By:
Tonya Trice

Pre-Development Projects

Project Goals

What proportion of Goal 1 overall is complete at this point?

80%

What are the barriers and opportunities for completion that impacted goal 1 in the last month?

We are re-evaluating operating costs and community investor assumptions before we can finalize the financial model

What proportion of Goal 2 overall is complete at this point?

20%

What are the barriers and opportunities for completion that you impacted goal 2 in the last month?

Understanding the community investor assumptions and what model will be appealing to potential investors.

What proportion of Goal 3 overall is complete at this point?

20%

What are the barriers and opportunities for completion that you impacted goal 3 in the last month?

We have identified a property and must complete due diligence and financing

CWB Ecosystem

Did you access Technical Assistance for your CWB project last month?

No

Which TA provider(s) did you work with within the Phase I CWEB grantees?

Which TA providers did you work with OUTSIDE of the Phase I CWEB grantees?

Did someone from your organization attend the Working Group this month?

Yes

How would you rate the usefulness of the working group to your project last month? (on a scale of 1-5)

Very useful

How would you rate the usefulness of the Working Group for building community?

Very useful

What have been the two most valuable contributions of the Working Group this month?

Community Building
Resources

Please share any comments about the working group meetings.

Very interesting exploring community-centered developers for upcoming projects

How many TOTAL housing units did you preserve or create last month? (it is okay if the answer is zero)

0

How many TOTAL CWB businesses did you develop last month? (it is okay if the answer is zero)

0

Community Engagement

Number of stakeholder meetings held related to your Pre-Development Project?

2

Number of community meetings attended last month related to your Pre-Development Project?

0

Organizational Capacity

Service / Capacity

Service Capacity

Accounting & Financial Management

3 some ability

Advocacy

3 some ability

Conflict Resolution

3 some ability

Cooperative Development and Operations

3 some ability

Education & Training

3 some ability

Fundraising or Raising Capital

3 some ability

Governance / Legal

3 some ability

Marketing & Communications

3 some ability

Other

3 some ability

Project Management

3 some ability

Real Estate Acquisition & Development

3 some ability

Relationship Building

3 some ability

Research

3 some ability

Other (please describe and include ranking)

What constraints or limitations with internal capacity is the organizarion experiencing related to its Pre-Development Project?

Constraints have been in developing a financial model with community investor assumptions and CIV operating costs aligned.

What opportunities, if any, did the organization take advantage of related to its Pre-Development Project?

Exploring other shared ownership models.

Optional Space

Please use this space to elaborate, contextualize, or add any additional info about the details submitted in your report: