Tabernacle Community Development Corporation Pathways to Ownership Initiative
Grantee: Tabernacle Community Development Corporation
Grant Details
| Project Lead | Andre Alexander |
|---|---|
| Program Area | Wealth Building & Protection |
| Amount | $500,000 |
| Year Awarded | |
| Duration | 2 years |
| Summary |
Established in 2014 and rooted in North St. Louis, Tabernacle Community Development Corporation (TCDC) is a non-profit organization dedicated to eliminating systemic poverty and social exclusion by revitalizing the social, educational, and economic infrastructure of historically disinvested neighborhoods. TCDC's Pathways to Ownership Initiative aims to address the shortage of quality, affordable for-sale housing for families earning 30-120% of Area Median Income in North St. Louis City and North St. Louis County by fully rehabilitating vacant or distressed single-family homes, transforming them into productive, owner-occupied housing that embeds meaningful walk-in equity for each homebuyer. TCDC will pair affordable homeownership with homebuyer coaching, cross-sector partnerships, and recycled capital to ensure long-term stability and success. JSMF’s investment will support the establishment of a self-sustaining housing model that continuously reinvests net home-sale proceeds into future regional development. |