Highland Park Community Development

The organization also manages some of the properties that it has retained, including 1125 highland(retail space for coffee shop), 839 mellon (a 7 unit apartment building) and 5801 bryant street(first floor restaurant and upper floor residential housing). These properties provide affordable housing for low and moderate income families and new job opportunities with new businesses, while fostering neighborhood growth and providing needed services.

To accomplish part of its goals, the organization has formed several partnerships (stanton ave associates, bryant street phase ii lp, bryant street second phase llc and bryant street phase three lp). These partnerships have attracted important expertise and have raised investment capital to turn these properties around, while helping the organization to accomplish its mission of creating new jobs and developing affordable housing. The negative revenues are the net (losses) flowing through from the partnerships schedule k-1s.