CDC of Tampa

CDC of Tampa 300x200WEST REGION
FCLF LOANS: $1.1 million
5 LOANS for Renovations, Refinance and Working Capital Lines of Credit
Providing Financing for 10 Affordable Rental Apartments, Business Incubator, Workforce Training and Placement, Violence Prevention, and Neighborhood Revitalization Services

Neighborhoods in the East Tampa community have been riddled with dilapidated, overcrowded housing, along with high rates of poverty and unemployment, teen pregnancy, high numbers of school dropouts/suspensions, and drug abuse. CDC of Tampa, the Corporation to Develop Communities of Tampa, was formed in 1992 to alleviate poverty and physical deterioration in this community. CDC of Tampa’s Vision is that “Tampa Bay communities will be healthy and prosperous for all residents.”

Through its housing programs, CDC of Tampa works to revitalize and strengthen communities in Hillsborough and Pinellas County. The organization also offers career resources, youth programs, and other community services. CDC of Tampa has been transforming neglected areas into communities of choice, committed to the following outcomes:

  • Residents who are educated homebuyers and homeowners;
  • Residents who have adequate financial opportunities for buying and maintaining their homes;
  • Housing that is safe, decent, and financial sustainable.

Florida Community Loan Fund has provided financing over the past 15 years through 5 loans to CDC of Tampa. FCLF loans have been used for renovation and refinancing of multifamily and commercial buildings, and working capital loans to bridge grants. Learn more about Gardens at Diana Point, a CDC of Tampa multifamily housing community financed by FCLF, in this story.

www.cdcoftampa.org

Learn more about FCLF and CDC of Tampa in this video.

CDC of Tampa report pic

CDCofTampa

“FCLF addresses local community needs, which aligns with our core values. We appreciate your commitment to our communities.” – Mellissa Slover-Athey, Comm Reinv Ofcr

CenterState Bank

“Thanks to FCLF we’re able to provide brand-new safe, affordable homes for 90 families in a sustainable mixed-use, mixed-income community." – Mitchell Rosenstein, Founder & Principal

Green Mills Group

"FCLF has a keen knowledge of Florida challenges & opportunities. We are confident our investment will be used to improve lives." – Kathleen Rizzo Young, Sr. VP, Community Development

HSBC Bank USA, N.A.

"FCLF plays a significant role in sustaining vibrant and thriving communities. We are pleased to support your ongoing community based efforts." – Ernie Diaz, South Florida Market President

TD Charitable Foundation

"Thanks to FCLF, we are one step closer to providing a permanent housing solution for veterans and others seeking quality housing at an affordable price." – Carrie Davis, Executive Director

Wealth Watchers

"Our partnership with FCLF allows us to build an attractive, state of the art facility that patients, staff, and community will be proud of." – Bakari Burns, President-CEO

Orange Blossom Family Health

"BankUnited understands the challenges facing our communities; we applaud FCLF's efforts. Thank you for making our community a better place to live." – Katrina Wright, VP Comm. Dev.

BankUnited

"The Fathers Table Foundation appreciates the services FCLF provides and the impact on the communities you serve. We believe in your organization and your mission." – Dan Gilardi, President

Fathers Table Foundation

"We appreciate how the work of FCLF primarily benefits low- to moderate-income individuals and areas and supports the needs of our community." – Maria J. Thompson, Community Development Manager

Third Federal Savings

“We cannot thank FCLF enough for this partnership, creating permanent housing for our neighbors in need, and their commitment to Florida communities.” – Shannon Nazworth, President & CEO

Ability Housing

"We look forward to continuing our successful relationship with FCLF and working together to meet the needs of our communities." – Nancy Merolla, VP/CRA Officer

Florida Community Bank

"Without the FCLF initial loan to purchase land, we might not have been able to move forward with farmworker housing." – Peter Routsis-Arroyo, CEO, Catholic Charities, Diocese of Venice

Casa San Juan Bosco

"Thank you to our friends at FCLF. Your staff has been patient and helpful. We'll make you proud!" – Bill Lazar, Executive Director

St. Johns Housing Partnership

"We consider FCLF a valued partner and strong advocates for low-income communities and families. We look forward to many more years of working together." – Jennifer Westerbeck, Vice President

US Bancorp CDC

"FCLF staff shares our vision and commitment to serve needy families and provide a high quality education to all children." – Thomas Cole, Founder

Emma Jewel Charter Academy

“FCLF will help us have significant ongoing impact in West Lakes as we help families set roots in this community.” – Camille Reynolds, Executive Director

Hannibal Square CLT

"FCLF is a difference maker! Their team provides solutions to bring about real change in a community." – Tim Marks, President & CEO

Metropolitan Ministries

"Aida Palms will be a lasting asset to the City of Lakeland. This revitalization wouldn't be possible without financing partners like FCLF." – Mitchell Rosenstein, Principal, Green Mills Group

Aida Palms

"FCLF demonstrates a mission-oriented philosophy that is compatible and supportive, broadens our platform and deepens our portfolio of products and services." – Kent Adcock, CEO

Habitat for Humanity of Lake-Sumter

"Our partnership with FCLF helps the American Dream of homeownership come true." – Michael Roberts, Exec Dir

R.E.A.C.H.

Core Purpose FCLF exists to maximize opportunities for people and places outside of the economic mainstream.
Our Vision Opportunity and dignity exist for every person and community in Florida.
Our Mission Our expertise and capital make projects successful and help organizations improve lives and communities.