PSA - Inclusive Economy Community Development & Technical Assistance - Majora Carter Group

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! ,J'I )a goals: 1. Build the capacity of emerging community developers to implement and sustain private development goals in low -status neighborhoods and target areas. 2. Develop a resident -led strategy to promote an inclusive, thriving local economy for the people in targeted low -status neighborhoods with a particular focus on formerly thriving minority commercial nodes and corridors (e.g. Linden Ave./Shertrran Harrison Node) 3. Develop small business development ecosystem to support minority entrepreneurs and aspiring developers 4. Develop a long-term action plan to address policy, programmatic, and ecosystem gaps to improve inclusive development outcornes Westside Corridors (e.g. Linden Ave., Lincoln way Sherman/Harrison Node, Portage Ave.) Scope of Work 1. Inclusive Economy Technical Assistance Cohort GOAL: Galvanize local community developers to see the value of staying and/or investing in low -status because all parts of South Bend should be engaging places to be, as well as, support the organizational capacity of cohort members to execute private, small scale development demonstration projects in city -target zones. The MCG Technical Assistance Cohort will create important a much -needed feedback mechanism to collect opinions, real concerns, and market/ecosystem gaps that create barriers for emerging and existing community developers working in low status neighborhoods. It will generate fresh ideas and perspectives to understand how these entities build capacity to execute and sustain development projects, as well as, how to appropriately conduct business with the City. Each cohort member will receive a monthly phone call with MCG and be required to attend quarterly organizational capacity building workshops and quarterly follow-up meetings with the Common Council. For each meeting with a project/team, MC-Cx-w.ill-p>rQvidc written-rrestmmendations_and_next �� li i y, The City will maintain contact with the project/team in order to facilitate the completion follow up activities. MCG and the City will communicate on a monthly basis on the progression of each project/team and determine what off site communication is appropriate to help the project move forward between quarterly in person visits. The quarterly in -person reporting schedules is as follows: • March 24, 2020 5:30 pm-7:30 pm- Cohort & Process Introduction • June 23, 2020 5:30 pm-7:30 pm - Cohort Update • September 22, 2020 5:30 pm-7:30 pm - Cohort Update • December 15, 2020 5:30 pm-7:30 pm - Final Report & Recommendation on an Inclusive Economy Development Strategy Inclusive Economy ' , gllment Strategy GOAL: MCG will support the design of an inclusive economic development plan for South Bend's neighborhoods based on the lessons learned, barriers and gaps identified through the various demonstration proiects of the technical assistance cohort.