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- EIN 25-1591350
- 412-464-4000
- 303 E 8th Ave # 305 Homestead PA 15120-1517 USA
- www.monvalleyinitiative.com
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Nonprofit Overview
Causes: Community & Neighborhood Development, Economic Development
Mission: The Mon Valley Initiative (MVI) is a 501(c)(3) grass-roots coalition, formed in 1988, made up of 10 community development corporations. MVI is currently organized into four team areas to best carry out its mission of“working together to unite the communities and restore the economic vitality of the Mon Valley.” These team areas include Housing & Real Estate Development, Housing Counseling, Workforce & Business Development and Community Outreach. While community development can mean a wide variety of things, the members of Mon Valley Initiative have worked to define that concept into manageable work areas and have identified these four program areas as points in which we can fill gaps and leverage additional resources and partnerships to provide significant impact for improving our member communities.
The current CDCs who form the MVI coalition are as follows: Braddock Economic Development Corporation (BEDCO); Downtown West Newton Inc. (DWNI); East Pittsburgh Economic Development Corporation (EPEDC); Greater Charleroi Community Development Corporation (GCCDC); Homestead-area Economic Revitalization Corporation (HERC); Monessen Community Development Corporation (MCDC); North Braddock Cares Inc. (NBCares); Rankin Community Development Corporation (RCDC); Swissvale Economic Development Corporation (SEDCO); Turtle Creek Development Corporation (TCDC).
Programs: MVI provides a direct real estate development program, including Rehab For Resale (renovation and resale of existing vacant homes), newly constructed for-sale homes, owner-occupied rehab as well as residential and commercial rental. We are proud to report that MVI and its member CDCs have completed over 300 units of housing. Our combination of real estate development activities is helping to spur private investment in the communities of the MonValley. The real estate values and quality of commercial and residential stock in these areas have declined significantly due to abandonment and lack of maintenance. These negative conditions require intervention before the private real estate market will function normally. If these negative conditions can be mitigated, MonValley communities can become attractive for private investment because most are in good locations, with jobs, shopping, and other amenities nearby. Through years of grassroots advocacy efforts and staff expertise, MVI has become successful in partnering with the county, state, and federal agencies that have significant resources to support the “brick and mortar” aspects of redevelopment efforts both in neighborhood housing and in the older main street corridors. MVI is in a strong position to continue these partnerships and obtain further funding to carry out the real estate projects long-sought by our member CDCs.