West Elmwood Housing Development Corp

“No review was or will be conducted.”

“The organizations policies are reviewed on a regular basis and updated on an as needed basis. Annual conflict of interest disclosures are required from officers, directors, and trustees. The organizations office manager is responsible for ensuring that these annual disclosures are completed.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“West elmwood housing development corporation (wehdc) is a private, not- for-profit organization incorporated in 1970. The key components of our mission are: enabling home ownership, community engagement and economic development. The mission of west elmwood housing development corporation is to promote the development of healthy, sustainable communities through housing services to help individuals and neighborhoods meet their affordable housing needs in the west end neighborhood and other parts of providence and rhode island. Wehdc strives to fulfill this mission by building and renovating homes, attracting resources into the neighborhood and investing in the diverse people who live in, work in and support the community. Wehdc accomplishes these goals by offering a variety of programs and services related to real estate development, economic development, home ownership development, including lending and community building and organizing and through strategic alliances.”

“Sankofa's mission is to transform blighted properties, provides affordable, convenient, culturally appropriate, fresh, healthy, and locally produced food, expands economic opportunities, and encourages west end residents to meaningfully connect by fostering cultivation of land, lives, and community. The principles of sankofa have guided wehdc and its partners in its work to address modern health, financial and community challenges through increased access to the healthy foods that are traditional to the west ends ethnically diverse community. In 2011, resident demand around healthy food access in the west end, spearheaded the formation of wehdcs sankofa initiative. Many residents, especially those of african and southeast asian backgrounds, reported that they were unable to find fresh, affordable food that was reflective of their native diets. Sankofa builds community around food and culture in providences diverse west end community. Through the development of the projects below, the sankofa initiative aims to build community around food and culture in providences diverse west end community. Is transforming the west end into an innovative center for agriculture, economic development and housing with a special eye towards promoting, celebrating and supporting the neighborhoods rich cultural identity.sankofa builds community around food and culture in providences diverse west end community.”

“Wehdc other major service accomplishments include the following: real estate development-this program consists of multifamily, rental, homeownership, rehab, mixed-use and commercial development, brownfields remediation, construction management, green construction, and healthy homes. The agency has leveraged over 75 million for real estate activity and infrastructure in the west end over 40 years. Asset management of wehdcs various for-profit holdings and related non-profit entities including lending activities thru its west elmwood neighborworks home ownership center.”

“Net loss on investment in related parties -136,955”