Central Dallas Ministries is proud to be a part of DonorBridge, a new online resource to connect nonprofits with donors.
On May 20th, $200,000 is being made available to match donations made through the DonorBridge website. For more information, click here.
Please contact Katie Goldberg with any questions.
Double your gift to CDM on May 20th!
Several students from our After School Academy have been involved in a chemistry camp created by one of our good friends, Jennifer Stimpson, a chemistry teacher here in Dallas.
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Thanks to Lifestyles Columnist Alan Peppard at the Dallas Morning News for mentioning our upcoming A Night to Remember with Clint Black concert in his Saturday, September 6, 2008 article:Originally from the Houston area, country star Clint Black will be back in Texas this month to play a benefit at the Meyerson.
On Sept. 29, Clint will headline the Central Dallas Ministries' gala, "A Night to Remember." For tickets, call 214-528-5576 or go to www.CentralTicketOffice.com.
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We're so excited to bring you Central Dallas Ministries' first ever Online Magazine.Low-income housing set to open by spring in downtown Dallas
http://www.nbc5i.com/news/17313522/detail.html
03:19 PM CDT on Tuesday, August 26, 2008
By ROY APPLETON / The Dallas Morning News
rappleton@dallasnews.com
With all its funding now in place, a project to bring low-income housing to downtown Dallas is moving toward occupancy by next spring, leaders of the effort said today.
“It’s good for us to know that it’s really going to get built,” John Greenan, executive director of the Central Dallas Community Development Corporation, told an audience gathered in the cavernous, bare-walled ground-floor space of what will become City Walk at Akard.
There, at 511 N. Akard St., workers are transforming a 15-story office building, vacant since the early 1990s, into offices, retail space and 205 residences, 50 of which will be reserved for the formerly homeless.
“This is about more than housing. This is about people, many of whom are on our streets today,” said Larry James, chief executive of Central Dallas Ministries, a project sponsor.
In time, his organization and the central Dallas development corporation will move their offices to the building. Project developers are talking with a restaurant and book store about the ground floor retail space.
But the focus of the project is housing. Four of five 15th-floor penthouses have been sold. The remaining 200 units, most of them one-bedroom efficiencies, will be rented to applicants who meet income guidelines — generally less than about $27,000 a year for one person.
“This is about high quality, affordable housing for people who want to work downtown,” Mr. James told the crowd of about 100 people.
Two years in the works, the $35 million project will draw on public and private dollars in reviving a structure built in 1958 by the Baptist church’s annuity investment board.
Private investors have put in about $15 million through the purchase of government tax credits. Private donors have contributed more than $6 million. The city is providing $2.25 million from federal community development block grants and the bond issue that built the city’s new homeless shelter. Private loans will make up the rest.
The Rees-Jones Foundation, created by Dallas oil billionaire Trevor Rees-Jones and his wife Jan, provided $5 million of the private donations. Without that support, “this deal would have failed,” Mr. James said this morning. “It enabled us to work with banks and take on debt.”
The community development corporation will manage and in time own the project with help from Central Dallas Ministries.
Mayor Tom Leppert praised the partners and supporters for “bringing together a vacant building and need for permanent affordable housing” downtown. “It’s amazing what perseverance and commitment can achieve,” he said.
Opponents have said they fear the project will increase crime and loitering, as well as be dangerous to children at a nearby private school.
One of those critics, downtown housing developer Larry Hamilton, said Monday that his concerns have eased, in part because the development corporation and ministries group will office at the site.
“I think they are going to be on top of their game,” he said. “Pulling people off the streets is laudable. I hope it works.”
Rees-Jones Foundation gives $5M to Dallas homeless project
The Rees-Jones Foundation awarded a $5 million grant Tuesday to kick-start citywalk@akard, a homeless and transitional housing project being built in downtown Dallas.
Citywalk@akard is a project of Central Dallas Ministries and the Central Dallas Community Development Corp., which celebrated the grant and the commencement of construction during an event Tuesday at 511 N. Akard St., the location of the project.
The development will house 9,500 square feet of ground-floor retail, 18,600 square feet of office space spread over two floors, 50 apartments reserved for formerly homeless people and 150 units for those making less than $27,000 per year. The project also will have five condos, of which four have been sold.
Central Dallas Community Development Corp. Executive Director John Greenan said the $5 million contribution came at a critical time, when the project needed a “serious injection of capital” to survive.
The money complements nearly $18 million in public funding for the development.
T. Hardie, president of the Rees-Jones Foundation, said the organization was eager to “invest in the leadership that is shown by these organizations.”
The Rees-Jones Foundation is a Dallas-based private foundation founded by Jan and Trevor Rees-Jones.
Occupancy is expected in spring 2009.
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