| Southeast Regional Development Corporation's mission is to create opportunities promoting upper mobility and self-sufficiency for residents of inner-city neighborhoods through housing and economic development.
Using a holistic approach, our vision is to create opportunity by providing access to quality affordable housing, proper education, good healthcare, economic development and cultural awareness.
In Social Entrepreneurship, we aspire to accelerate and improve strategic collaborations or mergers to benefit communities, stockholders and stakeholders.
Community Activities:
Recycling Unused Wood
Tele-Communications, Local and Long Distance Service and Direct T.V.
Planning for the Preservation and Renovation for Historical Melrose High School
Sang Sista Sang Broadway Production
Memphis Dance Group
Hispanic American Venture
65 Single Family Homes
Elderly Housing for Independent Living
Commercial Development
Westwood Elderly Cottages
These facilities were constructed in 1995 to provide affordable housing for independent elderly individuals. The 40 units were funded by low-income tax credits, the City of Memphis-Housing and Community Development, First Tennessee Bank, Community Housing Development Organization, Mount Vernon Baptist Church and The Episcopal Dioceses of West Tennessee.
Single Housing
These homes were constructed in 1998 for first time home owners. The owners must complete a training program for first time buyers. The homes were funded by Tennessee Housing Development Agency, and Community Housing Development Organization.
Wesley Forest Townhomes
The 100 units were constructed in 2000 as part of a three-phase plan for single and multi-family living developments. Phase II was completed in 2002, which increased the Town Homes count to 165. Phase III site development will begin January of 2005. This new development will construct 65 single family homes for middle income families. Selling price of these homes will range from 90,000 to 140,000 dollars. The funding sources are the Community Housing Development Organization, Tennessee Housing Development Agency, the City of Memphis-Housing and Community Development, and First Tennessee Bank.
|