About Town: Former Frayser CDC director joins Blight Authority
In something of a “surprise,” even to himself, Steve Lockwood is the new interim executive director of BAM.
There are 23 article(s) tagged Frayser Community Development Corp.:
In something of a “surprise,” even to himself, Steve Lockwood is the new interim executive director of BAM.
Steve Lockwood, who led the Frayser Community Development Corp. until his retirement in 2020, will serve as interim director.
The Frayser CDC wants to further capitalize on an evolving Frayser housing market with its inaugural homeownership fair, at 3684 N. Watkins Street, from 9 a.m. to 5 p.m. Saturday, June 26.
Frayser has its challenges. But it’s also seeing nearly $100 million in investments and new development. The Frayser Community Development Corporation has a robust program that helps residents buy their own homes. There are investments being made in parks, streetscapes, the library and more.
The development of a local funding stream through the Memphis Affordable Housing Trust Fund would create the only flexible, permanent and dedicated fiscal resource for nonprofit developers in the city.
Blighted properties cost the city, rather than bringing in tax revenue. The city pays dearly for police, fire, board-up, lot clearing and other services required for abandoned properties.
The goal is for Frayser Connect to become a neighborhood resource hub connecting people to job training, financial assistance and small business development opportunities.
A trend of rising housing prices combined with less homes available in Shelby County is reflected in two North Memphis neighborhoods: Frayser and Raleigh, albeit at different rates, according to Memphis Area Association of Relators (MAAR) data.
On Thursday, the Frayser Exchange Club awarded Steve Lockwood its 2020 Community Service Award. He’s credited in helping turnaround one of the city’s worst housing markets during the past decade.
The Frayser CDC recently received $450,000 in state CARES Act funds. Eligible families can use the money for housing costs and utility bills.
After two decades in Washington and San Francisco, native Memphian Damon Williams now runs one of the largest neighborhood-based nonprofits in Memphis.
New Frayser CDC Executive Director Damon Williams participated in a Q&A with The Daily Memphian ranging from his favorite sports team to where he would take someone if he was giving a Memphis tour.
The lifelong Memphian and tireless advocate for Rozelle-Annesdale neighborhood avoided the spotlight.
Memphis native Damon Williams, who succeeds longtime director Steve Lockwood, has worked in nonprofit housing for the past 15 years.
The MassMutual Foundation grant will establish the Frayser Connect resource hub, an initiative that will match every $1 a Frayser family saves with $2, provide grants and loans for small businesses, and support other ideas created by a new resident advisory committee.
Community development corporations in Memphis are having to adjust strategies on the fly to continue serving the communities they serve in often economically distressed areas.
After 18 years, Frayser Community Development Corp. leader Steve Lockwood is stepping down later this year.
Seizing an opportunity near Amazon's new $200 million fulfillment center, a local developer is investing the first private residential dollars since the Great Recession.
The plan, which may be considered by city government later this month, would address blight in an area near Northgate Shopping Center.
Organizations in the MLK Success Zone of Frayser are hopeful the new investment will accelerate a long-needed transformation in the area.
Porter-Leath plans to build a child care center in Frayser and Girls Inc. seeks to build a $4.5 million community garden and learning center by expanding its existing campus nearby.
On the latest High Ground News podcast, the On The Ground team welcomes Steve Lockwood from the Frayser Community Development Corp. and Amy Schaftlein from United Housing to discuss why homeownership is important to stabilizing Memphis neighborhoods.
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