Central Area Collaborative

“Board members will be given a draft copy of the 990 prior to filing for their review.”

“Annual review at a board meeting.”

“Documents are not made available.”

“Contractors: $274,369 Program Expense; $15,476 M&G Expense; $0 Fundraising Expense”

“Part III, Line 4a: Business Development Helping local businesses stay and grow in the neighborhood Neighborhood Improvements Improving the physical appearance and features of neighborhood business districts, such as parking, public spaces, transportation access, beautification. Clean and Safe Projects that focus on keeping neighborhood business districts clean, and customers, employees, and visitors feel safe and welcome. The City of Seattles Generational Wealth Initiative was developed to find community-centered solutions to the longstanding racial wealth gap between residents from different racial backgrounds. Our funding and mission are the result of a community taskforce investment sparked by the 2020 protests following the murder of George Floyd. As such, our initiative is rooted in the movement for racial justice. During fall 2021, Seattle City Council issued a Statement of Legislative Intent (SLI) that further supported the mission of the initiative by requesting that the Department of Neighborhoods (DON) prepare a report on community wealth building and equitable economy strategies to reduce the racial wealth gap. Council requested that DON partner with City departments and consultants to provide a comprehensive evaluation of the Citys programs, identify gaps and opportunities to more effectively deliver programs and services to the community, and make recommendations for how the City can provide a consistent ladder out of poverty. This Pilot is an effort to provide emergency capital to small businesses within the Central Area neighborhoods.The Homeowner Stabilization Program Central Area Community project is a collaborative initiative between The City of Seattle and the Central Area Collaborative, as outlined in their Project Services Agreement. The project aims to support homeownership retention among low-income households within the city limits, particularly addressing the disparities faced by Black, Indigenous, and People of Color (BIPOC) due to historic and ongoing inequities in housing. Running from June 1, 2022, to December 31, 2025, with funding from the City of Seattles General Fund, the program provides grants and services like home repairs and legal or financial counseling to eligible households. The projects objectives focus on aiding homeowners with necessary repairs and support to help them overcome barriers to housing access and maintain community stability and resilience.”