Community Redevelopment Inc (OTC: CRDV)
@Community_Redev
WE ARE ON A MISSION. To develop sustainable communities that thrive by investing in housing for all. 🇺🇸 $CRDV
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At $CRDV we continue to update our website to keep content fresh. Please visit: communityredevelopment.net
Want to stay up-to-date with projects happening at $CRDV? Check out the new page on our website: communityredevelopment.net/momentum - we will keep adding to this page as we close new projects. #housingforall #noah #underconstruction #DC #Baltimore #DMV
At $CRDV our emphasis on #affordablehousing will provide significant opportunities to acquire, develop, redevelop, or create joint ventures with emerging developers. These opportunities will add more assets to our balance sheet and steadily grow our portfolio. #housingforall
The $CRDV Solution: * Providing #housingforall - market-rate to #NOAH. * Smaller projects faster. * We source and develop rental and for-sale properties executing the business model. * Joint ventures with emerging women and minority developers. (Pic: 9/2022 - Baltimore rowhome)
The team at $CRDV executes the company mission of #housingforall through our development and brokerage companies (see graphic). #southflorida #realestate #midatlantic #DMV #DC #MD #development #multifamily #singlefamily
“Good intentions and a desire to help people alone will, at best, lead you to a mediocre career in real estate.” S. Moudry. $CRDV is mission-driven, providing #housingforall, but we know asset and revenue growth are fundamental to our success and stock growth. #MondayMotivation
The Artistry (wholly owned by $CRDV) business model of building/renovating for rent units addresses the significant supply/demand imbalance of housing in the #DC region by providing higher quality units, accepting vouchers and faster property lease-up. #housingforall
The top question we get from you about $CRDV... #changemakers #missiondriven #housingforall #affordablehousing #NOAH #DC #MD #VA #MidAtlantic
ICYMI… #housingforall #dmv #affordable
Community Redevelopment announced the acquisition of a rental condominium building in Washington, DC. Details of the acquisition may be found in the press release: ow.ly/rhk550MhxMR #housing #affordablehousing #multifamily $CRDV
Meet the Team - Lara Fritts, CEO: A recognized leader, she has started 6 organizations providing #econdev services for local governments. She is using her org dev expertise to build $CRDV. Visit communityredevelopment.net to learn about the $CRDV team. #missiondriven
Dr. King spoke these words in Montgomery, AL, in 1957, and they are still true today. As a #missiondriven company, the team at $CRDV is committed to building and renovating #housingforall. We strive to support, strengthen and serve our community today and year-round.
Not familiar with the #DC market? Here is a great article from @Bisnow on large developments that will deliver in the region in 2023. The region's continued economic growth is why $CRDV is building #housingforall in the #GreaterWashingtonDC region. ow.ly/lVFC50MqFCL
To help grow the $CRDV social following - please share our pages with your friends and colleagues. Also, visit our website communityredevelopment.net to learn more about our subsidiaries, leadership team and how we plan to build shareholder value. #missiondriven #housingforall
Welcome new followers! Overview of $CRDV - We closed three #DC multi-family properties - slated to be complete in 1st 2-Qs. Renovating a #Baltimore rowhouse for completion & sale in March. Opened our #Miami brokerage. Finalizing financing for next projects - announcements soon!
The $CRDV team put an initial focus on #DC because the annual income needed to afford a 1-bed apt under HUD thresholds is $87,893, and for a 2-bed - $120,457. This puts housing out of reach for tens of thousands of households making less than DC's median yearly income of $92,266.
Residents often have deep social ties in their communities; when residents leave, it weakens a neighborhood's fabric. $CRDV contributes to thriving areas, which is why we have plans to build/renovate homes in all 4 quadrants of #DC. We have announced projects in NE, SE and NW.
Why does $CRDV invest in #DC? DC is home to more than 700,000 residents. More than 100,000 young professionals moved to DC in the last 8 years. The region has a population of 6,294,486 and a median age of 38; the largest population group is the 30-39 age range. #MondayMotivation
People should not have to wait in line to be matched with an affordable home. Once construction is complete, $CRDV will proudly accept tenant vouchers at our properties. #affordablehousing #missiondriven #housingforall #housing #DC ow.ly/cmTX50MkFy2
dcist.com
After More Than A Decade Of Waiting, Hundreds Line Up With Hopes To Get Into Public Housing In D.C.
Faced with scrutiny over a damning federal audit, the D.C. Housing Authority is working to move people off of a long-closed waitlist and into housing.
Welcoming a New Year and a Recap of 2022 from $CRDV CEO, @LaraFritts communityredevelopment.net/post/welcoming… #otc #otcmarkets #housing #affordablehousing #realestate #brokerage #developer #development #team #GreaterWashington #DMV #Maryland #DC #Florida #invest #missiondriven #changemakers
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