Emerald Ridge Opens to New Residents

Rise began developing 46 new single-family homes in East Alton, Illinois in March of 2014 in partnership with Southwestern Illinois Development Authority (SWIDA), the Village of East Alton and Madison County. The neighborhood now goes by the name Emerald Ridge.

We are pleased to report that residents have been moving in since August, 2014. We had the opportunity to speak with the first three residents: Doris Fentress, Jean Mize and Mary Nance.

Here are a few quotes from the ladies:

Doris Fentress:  “I never lived in a brand new home.  Moving down here into a brand new home is so much better than a four-plex.”  There used to be a lot of drugs and they are not here anymore. “

Jean Mize: “I feel very safe.   I’ll say the first night I spent the night here I felt better than I have in about three years.”

Mary Nance: “I could hardly get out of my old house with my wheelchair.  Now, I have freedom, I can go anywhere I want.”

The project is a part of the Village of East Alton’s effort to revitalize the community, and is replacing obsolete housing in a community formerly known as the ”Defense Area.”  The Defense Area was built by the Federal government as temporary housing in the early 1940’s to accommodate workers at the nearby Olin ammunition plant that was running 24-hour shifts for the war effort.  After the war, these barracks-style buildings were not dismantled as originally planned.  Over the years they were re-sold multiple times the condition of most of the buildings became more and more deteriorated and social conditions in the community declined.

The long-term dedicated commitment of the Village of East Alton to transform the area is being realized by the Rise development that is surrounding the existing park and Keasler Recreation Complex with new, attractive single-family homes.  This is a new beginning and a different world for the neighborhood.

“We’re committed to revitalizing communities and neighborhoods in the Greater St. Louis area,” said Stephen Acree, president of Rise. “The redevelopment of the Defense Area in East Alton is being built on strong partnerships that will reinforce a resilient and healthy community.”

In November, 2014, 16 new Emerald Ridge homes will be completed and occupied.  We will keep you updated as the community progresses.

New Emerald Ridge residents with John Nuernberger , Rise Asset Manager.

Take the Rise Up Festival Survey!

If you attended or participated in the Rise Up Festival – Celebrating Revitalization on 8.21.2014 please take the survey HERE. Your feedback is an invaluable part of helping the festival grow and making it better. Thank you and look for an announcement about next year’s festival coming soon!

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Rise Announces Collaborative Grant Opportunity 2015

Rise’s mission is to work in partnership with community-based and other organizations to redevelop and strengthen neighborhoods and communities.  By providing capacity-building assistance, housing development services and access to financing, we make the connections between non-profit community organizations, financial institutions and government that make successful neighborhood revitalization possible.  Our CDC Capacity Building and Collaborative Grant Program is designed to build the capacity of local community development corporations (CDCs) through a combination of organizational development initiatives and financial support.

Rise recognizes that the financial support necessary for CDCs to build organizational capacity and achieve community development goals is not as widely available as it might be.  To address this need, we have allocated funding in 2014 to provide a limited number of competitive Collaborative Grants to selected community development corporations.  Collaborative Grants will be outcome-based and awarded to help CDCs complete a specific goal or neighborhood objective.

Applications are being made available on a competitive basis to CDCs serving St. Louis County, the City of St. Louis, Madison County, IL and St. Clair County, IL.

A grant workshop for CDCs that may seek to apply for a 2014 Rise Collaborative Grant will be held Friday, October 3, 2014 from 10:00 am to 11:30 am at the Thomas Dunn Learning Center. It is not required but it is strongly encouraged that eligible CDCs attend the workshop.  Please contact Brian Hurd ([email protected]) to RSVP for the workshop.

Letters of Intent are due October 17, 2014.

Fully completed applications must be delivered to Rise by 4:00 PM Friday, November 21, 2014, 1672 Washington Avenue, St. Louis, MO, 63103, attention Rick Bonasch ([email protected]) or Brian Hurd ([email protected]).  Email submissions are encouraged.

Award announcements will be made Monday, December 15, 2014.

Grant Instructions & Application Forms

Collaborative Grant Application Instructions 2015

Collaborative Grant Letter of Intent Form 2015

Collaborative Grant Program Application Form 2015

Training Workshop Materials

Collaborative Grant Training Workshop 2015 – Announcement

Grant Frequently Asked Questions

To submit questions e-mail Noel McKay [email protected]

Questions about the budget requirement:

Question: Does the 2015 budget that we submit (with the Collaborative Grant amount included) need to be approved by our board?

Answer: No. We understand that this will be a preliminary budget, contingent upon being awarded a grant.

Question: Must we include profit/loss statements?

Answer: The profit and loss statement is not required for submission. However, the organization’s 2014 approved operating budget is required.

Question: Do these grants need to be spent in 2015 or 2016?

Answer: 2015

Collaboration Questions:

Question: My CDC has formed a collaboration with another agency for this application. If my partnering agency has the stronger capacity to serve as the fiscal agent for the grant, should they serve as the lead applicant?

Answer: No. The CDC should serve as the lead applicant and the fiscal agent. Remember that Rise will support you through the process.

Questions about Measuring Outcomes:

Question: Do proposals need to be restricted to smaller geographic areas? (For example, would an organization be eligible if it wants to provide financial counseling to low-income residents throughout St. Louis city?)

Answer: This grant program is for place-based initiatives, so proposals need to be able show how they would affect measurable outcomes to benefit a defined geographic neighborhood or community. The example in the question does not meet this criterion, and would not be eligible.

Question: What happens if I achieve outcomes that are unexpected?

Answer: Track them! Often there are unexpected outcomes but they still help to show the effectiveness of your efforts.

General Questions:

Question: Should I submit my application via email or as a hard copy?

Answer: Submit the Letter of Intent via email, but the Full Application may be submitted by email or as a hard copy. Each must be received no later than the stated times and dates.

Question: Does the amount of technical assistance that a grantee receives depend on the size of their financial award?

Answer: No

Question: Is a client-based project appropriate for this grant program?

Answer: It depends. The focus of the Collaborative Grant Program is on place-based initiatives, so we want to be able to see how the project outcomes will extend beyond the individual to benefit the community as a whole.

Additional Resources

Below are links to materials from a Saint Louis University School of Law Legal Clinic training on collaboration in the non-profit sector. These materials are not a formal part of the Collaborative Grant application package, but may be useful to applicants.

SLU Law Clinic Presentation Slides

SLU Law Clinic Collaboration Checklist

Rise Seminar – Social Enterprise: Advancing Sustainable Community Development 8.22.2014

On August 22, 2014 Rise held an informative seminar on social enterprise as it relates to advancing sustainable community development at the Thomas Dunn Learning Center. We had great attendance for the event, in fact we had full house. We posted on the announcement of the seminar on 7/23/2014. To view, click here.

The following is information on the presenters and their presentation:

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Brian Hurd (Rise-Technical Assistance Program Manager), Jeffrey Holtz and Thomas Maxwell (Jubilee Christian Development Corporation) gave a presentation Exploring the Relationship Between Social Enterprise & Sustainable Community Development.

Jeffrey MacIntyre Holtz is SR. VP of Corporate Finance at Bowcurve Capital, a majority-minority owned private-equity firm, headquartered in Winnipeg, Canada. Mr. Holtz is also President of the Scottish St. Andrew Society of Greater St. Louis, the largest Scottish-American cultural and educational organization in Missouri. Mr. Holtz has over 35-years experience in finance as a CPA for national firms: KPMG Peat Marwick and Deloitte & Co. Also, he spent over 20-years with Wall Street investment banking firms including: Oppenheimer & Co. and EF Hutton. Mr. Holtz has a BS in Economics from the Wharton School, University of Pennsylvania and an MA in Christianity and Contemporary Culture from Covenant Theological Seminary, the national seminary of the Presbyterian Church in America.

Rise Social Enterprise Advancing Sustainable Community Development Presentation

Watch a short video featuring Brian Hurd at the seminar here.

Watch a short video featuring Jeffrey Holtz at the seminar here.

Watch a short video clip featuring Thomas Maxwell at the seminar here.

Phil Minden photo

Phil Minden is Senior Vice President at Sterling Bank, a Missouri state-chartered bank with locations in Poplar Bluff, Van Buren, Clayton and Chesterfield.  Phil was on a project team that won the 2012 YouthBridge/SEIC competition at Washington University for Sweet Sensation, a social enterprise that teaches entrepreneurship and small business development skills to youth in the Greater Ville neighborhood of St. Louis through the operation of a bee keeping business.  Phil serves on the board of Northside Community Housing, Inc. and the St. Louis Mental Health Board of Trustees.  Phil has BA and MSW degrees from St. Louis University, and an MBA from Washington University in St. Louis.

Sweet Sensations Inc.Presentation

Watch a short video clip featuring Phil Minden at the seminar here.

Dana Malkus Photo

Dana M. Malkus is a lawyer and assistant clinical professor at Saint Louis University School of Law where she supervises students in the Community & Economic Development Clinic and teaches a transactional drafting course.  In the Clinic, Dana and her students represent both nonprofit organizations and small business entrepreneurs on a range of transactional matters including structuring and formation, operational issues, contract drafting and review, loan document review, regulatory compliance issues, and real estate matters.  Prior to her current position, she worked as an associate at Lewis, Rice & Fingersh and as a law clerk for the Honorable E. Richard Webber in the United States District Court for the Eastern District of Missouri.

Employment Legal Issues Presentation

Watch a short video clip featuring Dana Malkus at the seminar here.

Father Gary Meier

Father Gary Meier (North Grand Neighborhood Services)

Father Meier presented on using Angel Baked Cookies  as a way for North Grand Neighborhood Services to engage the youth in the neighborhood, empowering them to design their own business and make it work.

North Grand Neighborhood Services

Sylvester Brown

Sylvester Brown Jr. (North Area Community Development Corporation)

For the past three years, I have served as the director of the Sweet Potato Project (SPP). The 60 or so youth we’ve recruited since 2012, have been told that they are “urban pioneers” who will show the region that we can save communities through a food-based movement. We recruit teens (ages 16-to-20) from some of the city’s poorest zip codes. They are paid during the summer to plant sweet potatoes on vacant lots. After nine weeks of training in marketing, product development, social media and more, they’re charged with turning their yield into products.

Sweet Potato Project Presentation

Matt Nordmann Photo

Matt Nordmann (IFF Director of Community Development-Missouri)

As Director of Community Development for Missouri, Matt is responsible for planning, organizing and implementing IFF’s proactive real estate development business, including business development, relationship development, executive over site of projects and financial management across the IFF business platform including Charter Schools, Healthy Food Access, Affordable Housing and Human Services.

Financing Social Enterprises Presentation

Morgan Stanley - Jake Barnett Morgan Stanley - Dan Conner

Jake Barnett Jake Barnett grew up primarily in the Chicagoland area, spending the three years of middle school in England and Ireland. Jake’s professional focus has consistently been on the intersection of social/environmental causes and the realm of economics. He went to college at Ohio Wesleyan University where he triple majored in International Studies, Economics and Political Science. After graduation he spent time working with a microfinance group in Chicago and fundraising for a local orphanage in Ghana. He came to St. Louis as a FOCUS St. Louis Coro Fellow where he worked with Maplewood’s sustainability commission and Enterprise’s Corporate Sustainability department. He is a proud St. Louis transplant and is excited to come speak with you about sustainable investing.

Daniel Conner The analytical side of the Barnett-Conner equation, Dan has been an environmentally conscious investor for over a decade.  Dan is also an international citizen of sorts, having lived in Australia, Brunei, Singapore, India, the US, Brazil, and Argentina, and having traveled to countless countries in between.  His professional years have been spent working abroad in investment management and clean energy, from quantitative responsible investment strategy development to installing offshore windmills in the North Sea.  Dan has called St. Louis home since he graduated from Washington University in St. Louis with an MBA and a Master’s Degree in Energy, Environmental, and Chemical Engineering.

Socially Responsible Investment Causes

 Thank you to all who presented and attended the seminar. Look for up coming seminars and training coming soon!