Town of Greenville

NORTHWEST REGION
$500,000 FCLF financing
Construction loan for economic development
8,000 sq ft commercial-retail space

"The funds and staff support from FCLF have allowed us to drive economic growth in Greenville. 150 of the 195 jobs have already been filled, with the remainder expected to be filled by year end!" – Lee Jones, Town of Greenville

The Town of Greenville, located in the Big Bend region of Florida’s panhandle, was established in 1850 and incorporated in 1907. Today the Town has a population of 826, and covers an area of 1.3 square miles. The poverty rate is 53% (compared to the national average of 13%), and roughly 85% of the residents are African American. Due to a decline in population over recent years, area businesses and schools began to close. The current Town leadership recognized a need for economic development in order to help the Town of Greenville thrive and grow.

Town management created the Greenville 2.0 Economic Development Plan, designed to bring businesses – and much needed jobs – to the area. To date, the Town has completed construction of a new community center and fire station, the purchase of a fire truck, and improvements to the water and sewer infrastructure. As part of the plan, the Town is also partnering with the Florida Department of Economic Opportunity to conduct career and job training.

Financing from Florida Community Loan Fund will provide a construction loan to complete an 8,000 square-foot commercial building, which will include a grocery store operated by IGA/Fresh Communities, a branch of FAMU Federal Credit Union, and a pharmacy. The project is expected to provide 195 jobs, 66% of which will be filled by low-income individuals. In addition, the store brings a source for healthy, fresh foods to an estimated 1,000 customers. Many area residents do not own cars, and the new store will be a walkable destination in this area which has been designated as a Food Desert.

The grocery store, credit union, and pharmacy will be an integral part of the newly developing town square area. Nearby are the Town Hall, the new youth center, and Haffye Hays Park, which will soon receive infrastructure repairs through Florida DOT grant funding.

www.mygreenvillefl.com

Pictured above, architectural rendering of completed project in the Town of Greenville. Below, construction progress in mid 2022.

Town of Greenville project exterior

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"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

"FCLF understood our context, embraced the project vision, and were willing to make an investment that others deemed as too risky." – Lynn Brockwell-Carey, Executive Director

Neighbor Up Brevard

"It is really working. FCLF is really touching low-income people." – Florida Community Loan Fund Founding Board Member

Sister Mary Heyser, RSHM

“We are proud to partner with FCLF on this project, which expands access to innovative, quality, comprehensive primary healthcare in our communities.” – Annie Neasman, President & CEO

Jessie Trice Community Health

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

Metropolitan Ministries

“Expanding our facility with NMTC financing provides the Overtown community resources necessary to provide a fighting chance to break down barriers and break the cycles of poverty.” – Tina Brown, CEO

Overtown Youth Center

“FCLF is much more than a financing entity; they are the ultimate partner. They are on the front line protecting and building resources for the most vulnerable in our community."– Seth Eisenberg

Purpose Built Families Foundation

"FCLF has proven its community impact and hard work. We are proud to partner with FCLF." – Leslie Watson, Analyst, Community Investments

Dignity Health

"We're thrilled to partner with FCLF to make our project a reality to serve generations of kids in our community." – Dawn Stanhope, President & CEO

Boys & Girls Clubs of Manatee County

“Our partnership with FCLF makes an enormous difference in overcoming the challenge of providing affordable housing." – Jo Ann Nesbitt, President/CEO

St. Jude Great Commission CDC

"FCLF shows a clear strategy and demonstrated evidence of addressing prevalent community needs." – J. Reymundo Ocañas, Director, Corp Responsibility

BBVA Compass

“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

"Our relationship with FCLF provides the capital to achieve long-lasting impact." – Terri Murray, Exec Dir

Neighborhood Renaissance

"We commend the important work of your organization, are glad to support its efforts." – Beverly Dabney

JPMorgan Chase Foundation

"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

“FCLF provides stability for families, strengthens the region, and helps Truist fulfill our purpose to inspire and build better lives and communities." – Sandy Hostetter, Central Florida Region P

Truist

“The partnership with FCLF is very exciting for us – an essential component in providing greater access to fresh healthy food in downtown New Port Richey.” – Jeff Wright, Owner

Wright's Natural Market

"We appreciate the accomplishments your organization attains." - Robert Sucher, Executive VP

Sabadell United Bank

"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 adults with disabilities are living independently, fully included in their community." – Sheryl Soukup, Exec Dir

Residential Options of Florida

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