In Memphis, Tennessee, the Frayser Community Development Corporation (CDC) is making significant strides in empowering families through affordable housing initiatives. This non-profit organization is dedicated to revitalizing the Frayser neighborhood by providing opportunities for low to moderate-income families to achieve homeownership and stability.
Key Takeaways
- Frayser CDC focuses on affordable housing solutions for families in need.
- The organization has been active for over 20 years, renovating blighted homes.
- They offer various programs, including pre-purchase counseling and foreclosure prevention classes.
- Recent donations from local churches support their mission to close the economic disparity gap.
A Personal Journey to Homeownership
Kristopher McMickens, a single father of five, faced homelessness while working to support his family. His life took a positive turn when he discovered the Frayser CDC, which helped him find an affordable rental home. McMickens expressed gratitude for the opportunity, stating, "It’s given us a chance to live. A chance at life where it takes the burden off of you."
Revitalizing the Community
The Frayser CDC has been instrumental in transforming the Frayser neighborhood by:
- Purchasing and renovating blighted homes.
- Offering homes for rent, rent-to-own, or purchase at affordable prices.
- Planning to build new homes, including four-bedroom and two-bedroom options, priced around $150,000.
Executive Director Darrell Scott emphasized the importance of providing opportunities for families to achieve their dreams of homeownership. He stated, "We’re getting ready to build four brand new homes… and the price point on those will be around one hundred and fifty thousand dollars."
Educational Programs for Success
In addition to housing, Frayser CDC offers educational programs designed to empower families:
- Pre-Purchase Counseling: Helps families understand the home buying process.
- Post-Purchase Counseling: Supports families after they purchase a home.
- Foreclosure and Eviction Prevention Classes: Educates families on how to avoid losing their homes.
Scott noted that attending these classes can transform what seems like an impossibility into a livable dream.
Community Support and Contributions
The mission of Frayser CDC is further supported by local organizations, such as the Brown Missionary Baptist Church and the Mid-South Genesis CDC, which recently donated $1,000 to aid in their efforts. This collaboration highlights the community’s commitment to helping families realize their dreams of homeownership and bridging the economic disparity gap.
Conclusion
The work being done by the Frayser Community Development Corporation is a testament to the power of community support and the impact of affordable housing initiatives. By providing resources, education, and opportunities, they are not only transforming neighborhoods but also changing lives, one family at a time.
