Organizers of Fort Worth\u2019s roundtable hope to replicate the success it had in Dallas, which resulted in nearly $125 million in development activities. That included 39 housing units built and more than $1.7 million in predevelopment and construction loans provided by financial partner BCL of Texas.\u00a0<\/p>\n
Organizers said they want to increase affordable housing and community-based amenities to revitalize neighborhoods through real estate projects. The nine-month program launched with a public presentation at Texas Wesleyan University on Aug. 28,\u00a0<\/p>\n
Maggie Parker, founder of Innovan Neighborhoods<\/a> and the Community Developers Roundtable program, said the two-year Dallas pilot program equipped about two dozen local developers with resources, networks and capital to drive lasting impact.<\/p>\n \u201cThe Fort Worth expansion is about championing and empowering developers who understand the context of their neighborhoods, making them best positioned to build, revitalize and reinvigorate the places they call home, which contributes to the economic vitality of Fort Worth,\u201d Parker said.<\/p>\n ENJOY READING THE NEWS AGAIN<\/strong><\/p>\n Discover refreshing, nonpartisan<\/strong> reporting on stories happening in your backyard.<\/p>\n Program organizers gave presentations for the Fort Worth Chamber of Commerce, the Fort Worth Hispanic Chamber of Commerce, the Fort Worth Metropolitan Black Chamber of Commerce and the Real Estate Council of Greater Fort Worth.<\/p>\n The Fort Worth business news you need<\/p>\n From agriculture to aviation, get essential Fort Worth-area business news delivered to your inbox \u2014 free.<\/p>\n The program\u2019s developers are doing smaller, infill projects in areas that mean something to them since many larger developers aren\u2019t interested in developments under 6 acres, Parker said.<\/p>\n \u201cIt\u2019s actually a much-needed community of folks to support as it\u2019s just this small (group) of developers,\u201d she said.\u00a0<\/p>\n Fort Worth currently doesn\u2019t have a program to aid developers who want to tackle small-scale housing projects, she said.<\/p>\n Asheya L. Warren, CEO and founder of PRAXIS Strategic Consulting, a firm that works with real estate developers, nonprofits, and architectural and engineering firms, said the program can aid developers who are underrepresented in the construction industry.<\/p>\n The heart of the Community Developers Roundtable is to galvanize, share resources and collaborate so developers \u201care no longer on an island trying to deliver this work,\u201d she said.<\/p>\n Applications for the Fort Worth program are currently being accepted until 5 p.m. Sept. 9. Click here<\/a> to apply.<\/p>\n Eric E. Garcia is a senior business reporter at the Fort Worth Report. Contact him at eric.garcia@fortworthreport.org<\/a>.\u00a0<\/p>\n News decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here<\/a>.\u00a0<\/p>\n \ud83c\udf31 Set Roots. Grow the Report.<\/strong><\/p>\n North Texas Giving Day is here! Donate now through Sept. 18 to help us reach our goal of $50,000, and your gift will be matched.<\/p>\n<\/p>\n \n\tRelated\n<\/p>\n Fort Worth Report is certified by the Journalism Trust Initiative<\/a> for adhering to standards for ethical journalism.<\/p>\n Republish This Story<\/p>\n
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