4 20 09 Washington Neighborhood Slide Presentation_3
Washington Neighborhood Development Corporation (WNDC)
Mission:
Implementation of the Washington Strategic Plan
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Strategy:
Involve residents and stakeholders in revitalization of Neighborhood
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Promote sustainable neighborhood through resident initiative and ownership
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Goal:
Neighborhood self-governance
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Mechanism:
Non-profit corporation
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Governed by community stakeholder board of directors
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Storefront operation
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Executive Director; professional staff
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$90 000 initial annual operating budget
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Potential funding sources:
Dubuque Initiatives –New Market Tax Credits
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Neighborhood Development Corporation/NeighborWorks partnership
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Direct City allocation
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Community Foundation of Greater Dubuque
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Federal and State grants; foundations
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