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IN THIS EDITION: Affordable Housing, EL Cadre 3 and more!
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RCCI receives grant for affordable housing work


Think bigger. Think differently. 

That’s the motto of the Bush Foundation, an organization based in St. Paul, Minn., that allocates millions of dollars each year in an effort “to do the most possible good” with the foundation’s financial resources.

The Bush Foundation has awarded a $200,000 grant to Rapid City Collective Impact to support RCCI’s work addressing the lack of affordable housing in Rapid City.

In its application, RCCI listed several goals for the term of the two-year Community Innovation Grant, including plans to create a non-profit development corporation or partner with an existing organization to build and manage affordable housing properties.
Other goals include plans to establish public/private partnerships with developers to leverage available resources and expertise, and map existing affordable housing stock to determine what could be done – acquisition, renovation, replacement, or new construction – for residents whose average median household income is less than $35,000 per year.

One of the long-term goals noted in the application is that, through resident-focused property management and community connections, Rapid City will see a reduction in the hopelessness of many of our working poor by allowing more people the ability to have a place to call “home.”

"The grant award is exciting news," Black Hills Area Community Foundation Executive Director Liz Hamburg said. "And it's a true endorsement of the collective efforts happening in our community to improve the local housing situation."

 

Other Affordable Housing Highlights:

CommonBond Communities has expressed interest in entering Rapid City’s affordable housing market.
Following the release of the Black Hills Knowledge Network’s "Rapid City Housing Affordability Study" last year, the John T. Vucurevich Foundation contracted with CommonBond, a non-profit affordable housing provider in the Midwest, to conduct a feasibility study on how to fill the affordable housing gaps identified in the BHKN report.

A local advisory committee is reviewing the results of the feasibility study and hopes to identify action steps by May.
CommonBond operates more than 50 affordable housing properties in Minnesota, Iowa and Wisconsin. Along with the actual structures, CommonBond also provides various degrees of on-site support services to residents.
A tax abatement measure approved in the South Dakota Legislature this year could incentivize developers to build more multi-family affordable housing units in the state.
Those who helped craft the legislation say, previously, counties could offer tax abatements for up to five years on multi-family residential structures, but if they did, the incentive had to apply to all such structures, including high-end or luxury apartments.
The new law allows counties to take a more targeted approach by giving them the discretion to offer tax abatements only to affordable housing projects.
Consumer Credit Counseling Services of the Black Hills now offers a class on the “The Ins & Outs of Renting” to help people learn about the rights and responsibilities of being a renter. The two-hour class is offered on the third Wednesday of each month at the agency’s Rapid City office; it is also offered twice a month at Ellsworth Air Force Base.
Several attendees at RCCI’s Housing Summit 2.0 last June commented about the need for more education in the areas of personal finance, home ownership, and responsible renting. Call the CCCS/BH office at 605-348-4550 for more information on the class.
Emerging Leaders Cadre 3

Rapid City Collective Impact and the John T. Vucurevich Foundation have named the 30 individuals selected for the next Emerging Leaders Fellowship Program.

The third cadre of Emerging Leaders began a year of learning about and practicing collective impact strategies at a retreat April 8-9. Participants also divided into five working lab groups which will help to further the development of the OneHeart campus.

Click here for the full list of RCCI Emerging Leaders Cadre 3.
ICYMI: OneHeart Funding

The Rapid City Council last month approved an additional $1.1 million in Vision funds for OneHeart: A Place for Hope & Healing.

That money, coupled with $3.9 million in Vision funds approved in January, covers the remainder of the capital needed to purchase the Kansas City Street property for the future transformation campus.

THANK YOU to the council members who voted in favor of the funding and the many community members who have worked to bring the OneHeart project to fruition!

"Together, building the most caring community."

Copyright © 2019 Rapid City Collective Impact, All rights reserved.


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