Jefferson County CDC

History: Jefferson County Community Development Corporation

Jefferson County Community Development Corporation (JCCDC), a "501 c 3", not-for-profit housing corporation and Community Housing Development Corporation "CHDO", has completed three and begun construction of three additional new 3 BR, 2 bath single-family homes with 2 car garages for sale. One-hundred per-cents of the homes will be sold to families qualifying for 80 or less of adjusted median income in Jefferson County. Home funds will be utilized to help maintain affordability. Phase 1 anticipates the construction of a total of29 new homes.
This idea of a residential housing component was part of the original University of Arkansas at Pine Bluff (UAPB), campus master plan completed in 1997. The city of Pine Bluff has targeted areas adjacent to the University of Arkansas at Pine Bluff, "UAPB" for new and re-construction housing. Of the total of96 Historically Black Colleges and Universities in the nation, UAPB remains as the 11th oldest of the public institutions. It was established in 1873. It is the largest educational economic engine for our city and its future. It is the main focus for the city's "2004 University Park Neighborhood plan". It continues to be included in the city's 5 year and 20-20 plans and vision.
Safe, decent and affordable housing remains as one of the highest needs and priorities for our city. The city of Pine Bluff is the gateway to a maj ority of our numerous South East Arkansas rural Delta counties and communities.
This development is in conjunction, coordination and support of the City of Pine Bluff, the University of Arkansas at Pine Bluff "UAPB:, Pine Bluff Wastewater, United Water, Entergy of Arkansas, Nehemiah Community Reinvestment Fund (NCRF), the Commissioner of State Lands, South East Arkansas Regional Planning Commission, Southeast Economic Development District, Pine Bluff Housing Authority, and Arkansas Development Authority "AD FA" , Arkansas Department of Corrections, Tyson's and Central Maloney.
The current new and reconstruction development area is located in North Pine Bluff adjacent to the University of Arkansas at Pine Bluff, a Historical Land Grant Black College "HBCU" more generally north ofHwy 65, and west of Lake Saracen. The new development location is the six city block area identified as Highland Park Addition #2, Census tract #502 (a qualified low income census tract). This area is a deteriorating part of the city known to have drug and other social problems.
This is an extremely important redevelopment to UAPB as well as to the whole of North Pine Bluff. It has' gained national attention from the Supervisor for Community Reinvestment Act for National Banks in the Southwest region.
The Pine Bluff Department of Community Development "PBDCD" through its Community Development Block Grant funds has committed to improve streets, curbs and gutters in the area and to pay for civil engineering, $106.000 as part ofthe ongoing efforts to re-vitalize North Pine Bluff. Pine Bluff Department of Community Development has also allocated to JCCDC as an approved CHDO an $268,036 grant for use in construction ofthe three new homes in phase I, and $5000 for administration through is most recent allocations of Home funds.
UAPB has made commitments of from its 2008 HBCU funds of$120,000 for acquisition and title issues and in excess of$1 00,000 for operating and capacity over several years.
United Water has committed and placed an 8-inch waterline to provide additional fire protection at a donated value of $50,000.
Entergy has committed to put the above ground electric lines below ground at a donated cost of $42,000. Pine Bluff Wastewater Utility has committed $36,000 for labor and equipment to upgrade the existing sewers. We are currently coordinating our efforts toward an application of ADFA HOME funds in the 2015 allocation period.
Arkansas Department of Corrections, Tyson's and Central Maloney and UAPB have committed access and support for JCCDC to their employees for housing opportunities.
Our organization, Jefferson County CDC has the lead role and oversees the project and coordinate's neighborhood communications. Bob Francis of University Park Development Company "UPDC, LLC" will coordinate all development and funding issues. and is our consultant for the application. Andrew McCauley ofHDMS is our architect; Tom Stone of Dover Dixon is our lead attorney, David Menz of Williams & Anderson is our legal counsel for Tax Increment Financing "TIF" We have committed to use the resources of the Family CDC, a local CDC, on the Northside of Pine Bluff for financial and rental education. George Foster of Bell Foster, Bowman & Fleming are our accountants. Jefferson Title Co LLC is our closing agent...

700 Main Street
Pine Bluff, AR 71601
870-536-1074
www.jeffdevcorp.org

Please select a course
Select Course here or scroll down for more details:

  • Homebuyer Education Course

    America's Premier Online Homebuyer Education

    Learn how to:

    • Determine if homeownership is right for you
    • Shop for a home
    • Maintain your home

    Certificate of completion awarded upon completion if allowed by Partner Agency

    $99.00/ Per Registration

    Register Now

  • eHome América en Español

    Estados Unidos Premier Online para compradores de vivienda

    Aprenda cómo:

    • Comprar una casa
    • Obtener un préstamo hipotecario
    • Mantener su hogar

    Certificado de Finalización otorgado al terminar

    $99.00/ Por Registro

    Register Now