MSHDA Announces Newest MiNeighborhood Program Designee
FOR IMMEDIATE RELEASE
Media Affairs Manager
May 28, 2014
Kalamazoo neighborhood awarded 3 years of technical assistance, revitalization tools
Lansing, Mich. – Michigan State Housing Development Authority (MSHDA) Executive Director Scott Woosley today announced Kalamazoo’s Northside Association for Community Development has been selected for entry into the MiNeighborhood program.
As part of the volunteer-driven program, the Northside Association will receive three years of intensive technical assistance, with a focus on revitalization strategies aimed at attracting new residents and private investment, capacity building and increasing activity in the adjacent business district.
"As a result of implementing the MiNeighborhood program, Kalamazoo will have one more attractive neighborhood for current residents and be a more enticing place that encourages new residents and reinvestment," Woosley said.
The underlying premise of MiNeighborhood is a multi-faceted approach that encourages community revitalization in four areas:
- Design - enhancing the neighborhood's physical environment by capitalizing on its best assets and creating an inviting atmosphere through attractive parks, home improvements, streetscapes and landscaping
- Events/Marketing - creating a positive image of the neighborhood and traditional commercial district or traditional downtown to attract residents, visitors, customers and investors, as well as to rekindle community pride
- Organization - organizing neighborhood stakeholders to get residents working toward a common goal to implement MiNeighborhood, a volunteer-based program
- Neighborhood Reinvestment - create opportunities for residents to live in affordable homes, improve their lives and strengthen their communities
MiNeighborhood ties in with Governor Snyder's placemaking efforts to create vibrant communities across Michigan. Studies show investing in placemaking creates better neighborhoods, city centers and downtowns and makes the state economically stronger.
“MiNeighborhood is just one of many great programs MSHDA offers that provides tools and resources to improve people's lives across the state,” said Lori LaPerriere, MiNeighborhood program coordinator. “These programs assist with housing, build strong neighborhoods and help create places where people want to live and work.”
For details about the MiNeighborhood, contact Lori LaPerriere, program coordinator at 517.241.4117 or firstname.lastname@example.org.
The Michigan State Housing Development Authority (MSHDA) provides financial and technical assistance through public and private partnerships to create and preserve decent, affordable housing for low- and moderate-income residents and to engage in community economic development activities to revitalize urban and rural communities.*
*MSHDA's loans and operating expenses are financed through the sale of tax-exempt and taxable bonds as well as notes to private investors, not from state tax revenues. Proceeds are loaned at below-market interest rates to developers of rental housing, and help fund mortgages and home improvement loans. MSHDA also administers several federal housing programs.
For more information, visit www.michigan.gov/mshda.