INVESTING IN COMMUNITIES OF OPPORTUNITY OUR RESULTS. TOTAL INVESTMENTS (Values in Millions) DOLLARS LEVERAGED (Values in Millions)

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1 INVESTING IN COMMUNITIES OF OPPORTUNITY Opportunity comes in many different forms. It can begin when neighbors meet for the first time, when a small business opens shop on a once empty street or when someone discovers their true career passion. It can even be a public mural that sparks conversation in the community. For almost two decades, LISC Jacksonville has created opportunities in many of our most under-resourced urban core neighborhoods. We believe these neighborhoods that have often been neglected are ripe for opportunity and renewal. We invest in communities in many ways. Sometimes that investment comes in the form of technical assistance at crucial early stages of project creation, development and financing. Other times, LISC provides direct loans or grants. LISC also provides human capital through the LISC mericorps program as well as nationally recognized experts and consultants. lways though, the focus is empowering people to create new opportunities in their own communities. The LISC approach is about using innovative and market-based solutions that rely on existing community assets to create hope and optimism. This two-year report to our valued community stakeholders covers a very active and exciting time in our organization s history. It was a time when we expanded our successful partnership with leaders of New Town and Northwest Jacksonville. We worked on exciting new projects with community leaders on the Eastside, in Springfield and in the emerging Rail Yard Business District west of Downtown. We provided loans to Gateway Community Services and Presbyterian Social Ministries to help them expand their services to the community. nd, we restarted our LISC mericorps program. s a national organization, LISC has led the crucial work of urban core redevelopment for almost 40 years. In doing so, we ve invested $7.3 billion leading to $52 billion in total developments that help urban core neighborhoods begin the transformation process that leads to true community change and improved lives for those in the areas where we work. This vast experience has taught us that stabilizing neighborhoods and fostering real change requires working with partners to build healthy ecosystems that include safe and affordable housing, vibrant commercial corridors, job creation, education opportunities and healthy living conditions. We ve proven that this collaborative, holistic approach works in even the most neglected communities. The near horizon promises even more exciting new initiatives for LISC Jacksonville. Our new Financial Opportunity Center opening this fall in New Town will give us a new tool in our efforts to create stability in urban core neighborhoods. s we continue our work, our focus will remain on transforming areas with few resources into healthy, sustainable communities where residents can live, work and have the opportunities to thrive. OUR RESULTS LISC s community support covers a wide range of community needs, including wealth-building, safe/affordable housing, recreation, health, education, economic development and community engagement. In 205 and 206, LISC Jacksonville invested $6.3 million in grants and equity to revitalize Jacksonville neighborhoods through partnerships that build communities and improve lives. Since 999, LISC Jacksonville has invested $72 million in local capital, which created or leveraged more than $228 million in total public and private investment for some of Jacksonville s most distressed and under-resourced neighborhoods. TOTL INVESTMENTS (Values in Millions) $6.3 $ Since 999 NEF-LIHTC EQUITY * 9% LONS 26% NEW MRKETS TX CREDITS 33% GRNTS 9% DOLLRS LEVERGED (Values in Millions) $26 $ Since 999 MERICORPS % NFL PLYING FIELDS %

2 OUR FUNDERS LISC Jacksonville extends its wholehearted gratitude to the following companies, organizations, foundations and individuals. Their support during the past 8 years has allowed us to restore housing, champion education, beautify our community, reduce crime, create avenues out of poverty and so much more. It s no exaggeration to say our work is possible because of you. CTLYST Jessie Ball dupont Fund * Weaver Family Foundation Weaver Family Foundation Fund GURNTOR Bank of merica Charitable Foundation Jacksonville Jaguars Foundation JF Bryan, IV ** The Community Foundation for Northeast Florida Wells Fargo INVESTOR David. Stein Family Foundation Edna Sproull Williams Foundation EverBank Jack Uible Joan W. Newton JP Morgan Chase Foundation The Lucy Gooding Charitable Foundation Trust The rthur Vining Davis Foundations The Prudential Foundation St. Vincent s Health System Sun Trust Bank, North Florida SUSTINER BBV Compass Chartrand Foundation CIBC National Bank David M. Hicks Deutsche Bank DuBow Family Foundation Fifth Third Bank Florida Rock Industries Inc. GMC Financial Services Irene & Gasper Lazzara Regency Realty Corporation Regions Bank The Diane T. and Charles E. Rice Family Foundation, Inc. Scheidel Family Foundation Martin E. Stein, Jr. The Stellar Group TD Banknorth Charitable Foundation The Thomas M. Kirbo and Irene B. Kirbo Charitable Trust Winn-Dixie Foundation DONOR nheuser-bush Foundation CITI Fanny Landwirth Foundation Florida Blue The Home Depot Foundation FRIEND Robert Rhodes Dex Imaging, Inc. Robert T. Shircliff Sherry P. Magill, Ph.D. John Surface PUBLIC PRTNERS City of Jacksonville U.S. Department of Housing and Urban Development Federal Home Loan Bank Fannie Mae Foundation *Jessie Ball dupont Fund Support provided through The Community Foundation for Northeast Florida. **JF Bryan, IV support also provided through the Henry and Lucy Gooding Endowment (a component fund of The Community Foundation for Northeast Florida.) Photo Credit: Cover, nnie Murphy, Teafila Crizanto, Kevin O Halloran, Suzanne Pickett - Rebecca. Russo, becphotography John Crispens - my Ploss-Samsun 00 North Laura Street., Suite 600 Jacksonville, Florida Telephone: (904) Fax: (904) programs.lisc.org/jacksonville

3 LISC JCKSONVILLE REPORT TO THE COMMUNITY COMMUNITIES OF OPPORTUNITY

4 LOCL INITITIVES SUPPORT CORPORTION JCKSONVILLE LOCL DVISORY COMMITTEE J.F. Bryan, IV, Chair President, The Bryan Group Michelle Braun, Ex-Officio President and CEO, United Way of Northeast Florida Sherry P. Magill, Ph.D., President Jessie Ball dupont Fund Michael Drexler, Managing Director Deutsche Bank Steve Fischer, Executive Vice President and CFO EverBank Deborah Pierson, Ex-Officio Senior Vice President, Community Development Marketing Manager, Bank of merica Madeline Scales-Taylor, Trustee The Community Foundation for Northeast Florida Gregory B. Smith, Market President Northeast Florida Bank of merica Merrill Lynch John Whitner, Regional Private Banking Manager Wells Fargo PROGRM COMMITTEE Deborah Pierson, Chair, Bank of merica J.F. Bryan, IV, Ex Officio, The Bryan Group Katie Ensign, Jessie Ball dupont Fund Janet Hamer, TD Bank Valerie Hendriex Jenkins, Wells Fargo John Lasswell, BBV Compass Carl Miklas, Jacksonville Jaguars Foundation Fred McKinnies, Jacksonville Housing uthority Ruth Owen, EverBank Melanie Patz, Baptist Health System Kathleen Shaw, The Community Foundation for Northeast Florida CRETING COMMUNITIES OF OPPORTUNITY We are so pleased to present this report to the community on LISC Jacksonville s accomplishments during the last two years. The achievements highlighted here are as much yours as they are ours. The theme chosen for this report, Communities of Opportunity, is significant on several levels. We believe it captures the spirit of the work our organization has undertaken since we were first invited to bring the LISC community development model to Jacksonville. LISC Jacksonville provides expertise in neighborhood revitalization, community development, housing, strategic planning and financing. But, what we do more than anything is to identify and foster opportunity in some of Jacksonville s most challenged and underinvested communities. Since 999, LISC Jacksonville has directly invested more than $72 million in Jacksonville s urban core and leveraged more than $228 million in investments from outside sources to help spark successful urban redevelopment efforts. We ve helped with the financing of more than 295 quality homes in the areas we serve. We ve invested in more than,443 affordable housing units and created more than 3,000 jobs. We are proud of those numbers, but even prouder of the positive impact we ve had on families that live in safer, more vibrant communities with more parks, better jobs and stronger financial opportunities. This report focuses on some of the people and families that have benefited most from the unique work of LISC Jacksonville. This report covers our efforts during the last two years, but we re even more excited about the groundbreaking initiatives launching in the near future. Upcoming initiatives like the new Financial Opportunity Center in New Town represent the next chapter for LISC Jacksonville s efforts to create wealth-building opportunities that make redeveloped neighborhoods self-sustaining. We thank you, our invaluable supporters and community stakeholders, for standing with us through almost two decades of this crucial work. Congratulations on what you ve helped us achieve. LISC STFF Janet Owens, Executive Director James Coggin, Program Officer David Pierson, Fund Development Officer Devin Thompson, Economic Development Officer Charles Shealy, Real Estate & Lending Program Officer Kathie Silvia, dministrative ssistant Wilber Gonzalez, Director of Finance Richard Manson, LISC National Program VP J.F. Bryan, IV, Chair LISC Jacksonville dvisory Board Janet Owens, Executive Director

5 NNIE MURPHY Rail Yard Business District nnie Murphy has realized that when it comes to small businesses working together can often make you stronger. Murphy and her husband own Eco Relics, an architectural salvage store that repurposes building materials, antiques and woodwork. The store is one of the many budding small businesses in Jacksonville s Rail Yard Business District an area identified by a LISC-sponsored study as a fast-growing urban business node with huge potential. Despite Murphy opening Eco Relics in 204, she had rarely interacted with other businesses around hers until LISC Jacksonville approached her about forming a new area business council. Murphy agreed to meet with other nearby area businesses, and she was surprised to learn many of them shared the same issues, concerns and ideas. With LISC Jacksonville s help, Murphy and other business owners have created a new business council and begun planning a marketing and branding campaign for their district. They are now working together to improve its infrastructure, add more green space and change its public perception. The business council has helped me realize what an amazing area we work in, Murphy said. Now it s time for us to show the rest of Jacksonville why this area is a hub for new business. JOHN CRISPENS Springfield Commercial Corridor Revitalization John Crispens has a mural on the side of his new business that shows a woman finding hidden treasure. He said it s the perfect metaphor for what he and other community leaders are doing in Springfield: uncovering its hidden treasures. Crispens has been at the forefront of revitalizing Springfield s Main Street by renovating the former kra Bros. Department Store into Crispy s a restaurant, bar, art gallery and dry-cleaning service. 3 s a Springfield resident, I wanted to create a business that accommodated a lot of missing services in the area, he said. Crispens has fully restored the 930s building, including its two skylights, flooring and marquee entrance. Nonprofits like Operation New Hope, LISC and SPR Council have been vital in providing financial support and advice to Crispy s, as well as other new Main Street businesses. Crispens hopes that his small business, along with other ones forming in the area, will make a big difference in revitalizing Springfield. We have beautiful homes and great neighbors, but the last piece of the puzzle has been Main Street businesses, Crispens said. With the growth we re seeing now, Springfield will soon be a not-so-hidden treasure.

6 White Harvest Farms Scott Park Palm Terrace North Point Town Center 2 KIPP School Mary Eaves 23 MLK Day of Service Pay 23 Financial Opportunity Center ED WRD W T E R S COLLE GE TEFIL CRIZNTO Northwest Jacksonville Fresh Start Teafila Crizanto never expected she would end up on the floor of a homeless shelter. But after a series of financial hardships, culminating in eviction from their apartment, Teafila, her husband and two young sons had nowhere to go but the Sulzbacher Center. It happened so quickly, Teafila said. Everything was gone. The Crizantos were living at the Center for three months until their situation changed thanks to Northwest Jacksonville Community Development Corporation. s part of ongoing community rehabilitation efforts, Northwest Jacksonville CDC, with support from Jacksonville rea Legal id, worked with LISC Jacksonville to renovate the home of a disabled man in the New Town area. When he moved out of the home, NWJCDC decided to help the Crizanto family move in so that they could get back on their feet. Now with a good place to live, the Crizantos have a second chance at financial security. Best of all, her boys have a safe place to learn, play and grow. You feel so alone when you get in a bad financial situation, but now I know I have the support of Sulzbacher, Northwest Jacksonville CDC and LISC, Teafila said. I finally feel like we re in the right place. New Town Success Zone 2 Northwest Jacksonville Housing NEW TOWN New Town Commercial Corridor W W r St Beave Beaver Street FRMER'S MRKET The S Trail L VIL Rail Yard District Business Council J RIL YRD DISTRICT 95 C K S O N V I L L E T BROOKLYN RIVERSIDE 95 Presbyterian Social Ministries R M I N P R I ME F. OS B OR N Convention Cente Gateway Community Services 0 E

7 er Mary Eaves Seniors Housing BRENTWOOD 3 Renaissance Village Springfield Commercial Corridor LISC IMPCT KEY LISC Jacksonville has helped identify and foster communities of opportunity in Jacksonville for almost two decades. Here is some of the work we ve accomplished in Jacksonville s urban-core neighborhoods during the last two years. Economic Development Housing Health and Safety Education 95 UF HELTH Payne venue Development Dozier partments SPRINGFIELD COMMUNITY PRTNERS bility Housing rlington 20/20 Clara White Mission Eastside Community Coalition HabiJax New Town Success Zone Northwest Jacksonville CDC Operation New Hope Springfield Preservation & Revitalization Council United Way of Northeast Florida e N Main St N 4 mericorps Members and SPR Council Oakland Terrace r L VILL W Beaver St Beaver Street Villas FLORID STTE COLLEGE of Jacksonville Oakland Commons 5 C.B. Dailey Villas ESTSIDE Eastside Community Coalition Historic Eastside I L L E T E R M I N L DOWNTOWN Jessie Ball dupont Center Groundwork Jacksonville F. OSBORN III ntion Center GO JGURS! N THE JCKSONVILLE LNDING EVERBNK STDIUM 95 SN MRCO Towers of Jacksonville Mayfair Village Indicates mericorps Members

8 rs KEVIN O HLLORN mericorps Member When he moved to Springfield, Kevin O Halloran didn t know that he would quickly become an advocate for the historic urban neighborhood. recent graduate from UNF, O Halloran had been living in Springfield for about a month when he was hired by LISC Jacksonville s mericorps program. The initiative engages adults in public service work by placing them with nonprofit partner agencies to help them realize urban redevelopment goals. 4 O Halloran became the community outreach coordinator for Springfield Preservation and Revitalization (SPR) Council. While working with Springfield community leaders, developing neighborhood events and interacting with fellow residents, O Halloran realized how much the area had to offer. People here are genuine and welcoming in a way I ve never seen before, he said. You know your neighbors in Springfield. The opportunity to work with SPR Council also helped O Halloran learn more about himself. His interest in urban development has now developed into a lifelong passion. My experiences this year have really confirmed this is my ideal career path, he said. It s inspiring to know that I can be a real agent of change in the community. SUZNNE PICKETT Eastside Community Coalition For Suzanne Pickett, Historic Eastside is part of who she is. I grew up here, I live here, I work here, Pickett said, and I m not going to let this neighborhood s great potential go to waste. Pickett has become a key community leader in revitalizing Eastside, one of the neighborhoods where LISC implemented its EPIC Communities Initiative. The program focuses on engaging residents in redeveloping their own neighborhoods. With LISC s help, Pickett has worked with other neighborhood residents to build the Eastside Community Coalition, which acts as an advocate for the neighborhood. s president of the coalition, she has led the group in developing youth summer camps, after-school care and an entrepreneurial program. 5 But for Pickett, the work doesn t stop there. She is also the head of the Jacksonville Cultural Development Corporation, which catalyzes urban redevelopment through arts and culture. The organization runs a popular arts market and brings in artists to create public art projects. Pickett believes each small step will make a difference in revitalizing Eastside. I ve always been motivated to bring opportunities to people who haven t had them, she said. With our work, Eastside residents are finally gaining access to more opportunities and their voices are being heard.