NRCDC was created to address, through positive and affirmative steps, the needs of the community. Through its efforts, independently or through collaboration, we have pursued a multifaceted program of housing development, community revitalization, economic development and educational enhancement.
Our mission continues to be providing opportunities for development; people, housing, business and economic enterprise; improved public education; improved quality of life; increased community investment and financial services; and community and social services.
While revitalizing the inner city, providing affordable housing (both single-family and multi-family) as well as economic and business development, may appear lofty goals, at the base of all that we do is the empowerment of the communities we serve.
Reinvestment Zone Number Seven, City of Houston, Texas, also known as the Old Spanish Trail/Almeda Corridors Tax Increment Reinvestment Zone (TIRZ #7), was created by the City of Houston City Council, on May 1997, and amended in December 1998.
The objective of TIRZ #7 (the Zone) is to provide a financing and management tool for alleviating blight, deteriorated site conditions and obsolete platting existing within the Zone, and to encourage the sound growth of commercial, industrial and residential development within the project area and the City of Houston.
The core mission of the Greater Southeast Management District ( GSMD ) is to establish and implement projects and programs that:
- Enhance and promote the image of the District;
- Create a desirable area to attract more businesses, investments, and residents to the District;
- Provide services and information that will stimulate business growth in the District;
- Provide for easy access to, from and through the District; and
- Create a safe environment for businesses and residents in the District in order to increase the revitalization, and spur the redevelopment of this mixed use urban neighborhood for all property owners, residents and tenants.
Areas included in the GSMD include Greater Third Ward, the Museum District, the Texas Medical Center (TMC), the Palm Center area, and over half of the METRORail Main Street Line. Also included in the GSMD are hundreds of community-based organizations, two universities, a community college, the Third Ward Redevelopment Council, and OST/Almeda Corridors Redevelopment Authority/Tax Increment Reinvestment Zone Number Seven.
|OST Community Partnership
The Partnership, as it is commonly referred to, is a collection of community business owners, civic club and neighborhood association presidents, and concerned citizens.
The Partnership is intimately involved in the maintenance and improvement of the area, and is focused on returning Old Spanish Trail to its former glory.
LISC helps resident-led, community-based development organizations transform distressed communities and neighborhoods into healthy ones – good places to live, do business, work and raise families. By providing capital, technical expertise, training and information, LISC supports the development of local leadership and the creation of affordable housing, commercial, industrial and community facilities, businesses and jobs.
A community isn't complete without places to shop and work, without clean, safe streets, without the vitality and optimism that thriving businesses represent. LISC helps CDCs develop retail and commercial facilities, train and place neighborhood residents in jobs, and organize anti-crime efforts, all of which are essential for healthy neighborhoods.
Like a good neighbor, State Farm is there.
Funding for the OST Corridor Initiative Redevelopment Project was provided by State Farm Insurance.