The North Carolina Community Development Initiative and its strategic partner, the North Carolina Housing Coalition, are laying the groundwork for community transformation through the Rocky Mount Revitalization Initiative, a time-limited, locally based project driven by the needs of Rocky Mount residents.

The Initiative’s approach is collaborative and comprehensive, blending a traditional land bank model with supports and services that extend beyond redevelopment of housing: We are acquiring vacant and dilapidated housing, rehabilitating these properties using principles of historic preservation when we can, and preparing the housing for resale on the affordable housing market. This work is complemented by neighborhood beautification funds and homeowner education programs that extend beyond our housing investments. The Initiative is also documenting both the financial and non-financial returns on these community investments so we can learn from our results and adapt our strategy as needed.

The Rocky Mount Revitalization Initiative is led by Lea Henry, a Rocky Mount resident and longtime leader in community and economic development. The work of the Initiative is guided by a local advisory board composed of the residents of the communities in which we are working, housing and economic development professionals, and committed volunteers who are passionate about neighborhood revitalization. For more information on this work, contact Lea at lhenry@ncinitiative.org  or 919.835.6000.

 

Many thanks to our sponsors

BB&T Oak Foundation Z Smith Reynolds Foundation Wells Fargo PNC Suntrust Kate B Reynolds Charitable Trust Local First Bank Fifth Third Bank First Tennessee Bank