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Causes: Community & Neighborhood Development, Economic Development, Homeless & Housing, Housing Development, Construction & Management, Urban & Community Economic Development
Mission: Scb is recognized both regionally and nationally for its innovative and holistic approach to community development projects, civic investment and building infrastructure. Scb's successful model of redevelopment has produced measurable economic results. Because of scb's expertise in developing partnerships for low income housing, scb is able to leverage resources to provide unique solutions and create opportunities for physical, social and economic growth. Scb has delivered more than $225 million of community and development initiatives, inclusive of more than 600 units of affordable housing.
Programs: To date, the mount cleveland redevelopment initiative has generated a substance abuse treatment center; a 143,000 square foot federally qualified health center; a child and family development center; expanded office space; retail services and 80 units of affordable, very attractive duplexes and townhouses all as part of the mount cleveland redevelopment initiative. It is clear that the mount cleveland initiative continues to spur the revitalization of the urban core. The east village district - 8th to 12th streets, charlotte to cherry in downtown kansas city, missouri (a blighted area) - is programmed to accomodate up to 1,000 units of mixed-market and affordable housing as well as office/commercial facilities to serve people living and working in the downtown kansas city area. Scb entered into a development agreement with a developer in 2013 to advance future projects in east village. The developer brings a wealth of expertise in both commercial and residential development, and has the resources needed to ensure that the project progresses.
scb is responsible for the oversight and operation of nearly 600 units of subsidized, affordable, multi-family rental housing. The demographic of a single parent with children comprises 80% of the households at 7 of the 8 multi-family properties. The units accommodate the needs of low to moderately low income residents. One of the multi-family properties is a senior housing complex that accommodates the needs of low to moderate income seniors. Another project serves those with special needs. Occupancy levels at the 8 multi-family properties were maintained at or above 90% for 2016. Scb's rental housing has consistently received above average ratings from the missouri housing development commission.
scb also owns and maintains a shopping center located in an area of the city of kansas city which had no grocery store or other services for the community. Scb maintained the shopping center occupancy at approximately ninety percent (90%) and thus maintained services provided to the community during 2016. Today the shopping center serves over 200,000 underserved people in the urban core. Scb has continued working on containing operating expenses in order to attract desirable tenants. Scb also owns and manages 150,000 square feet of office space.