Corporation to Develop Communities of Tampa

Street Address:
2631 E. Lake Ave.
Tampa, FL 33610
Mailing Address:P.O Box 310385
Tampa, FL 33680

Phone: 813-248-9738
Fax: 813-248-8738
Website: www.cdcoftampa.org

Toni Watts, Chief Executive Officer

Contact Name: Toni Watts
Phone: 813-248-9738x104
Fax:
Email: toni.watts@cdcoftampa.org


Staff Size: Full Time: 18    Part Time: 14

Background
The Corporation to Develop Communities of Tampa, Inc. (CDC of Tampa, Inc.) is a nonprofit community development corporation. Incorporated in 1992, it was formed for the purpose of alleviating poverty and physical deterioration in Hillsborough County’s East Tampa community. The neighborhood was plagued with dilapidated, overcrowded housing, and high rates of poverty, unemployment, teen pregnancy, school dropout/suspensions, and drug abuse. The CDC's areas of focus are: Real Estate Development: providing over 30+ million dollars in public/private ventures in residential and commercial development. The Career Resource Center provides job training and placement services - The Business Resource Center assists prospective and current small business owners by providing credit counseling, startup business training, and business plan development - The Housing Opportunity Center provides pre and post purchase counseling and Homebuyer and Financial Literacy training to empower potential homebuyers - The Audrey Spotford Youth Center programs are 100 Youth Leadership Movement; Prodigy, and East Tampa Learning Academy.

Mission
To rebuild and develop economically depressed areas of Tampa into viable, thriving and self-sufficient neighborhoods by improving the business and housing opportunities, the lives and the spirit of communities.

Total Operating Expense (9/30/2007): $2,510,487

 Lines of Business
  • Community Building and Organizing

  • Home Ownership Promotion Services

  • Real Estate Development


    • Accomplishments in FY 2008
  • Provided 190 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 0 rental or owner occupied units (1-4 units).
  • Assisted 8 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 10 rental units.
  • Invested $ in the community through Corporation to Develop Communities of Tampa's revolving loan fund, which leveraged $2,602,457 from conventional lenders and other sources.
  • Total direct investment in the community is $2,602,457.

    • Additional Accomplishments
    Date Additional Accomplishment
    9/7/2004 Housing Opportunity Program - 218 clients served
    9/7/2004 32 graduates of Homebuyers/Financial Literacy Program
    9/7/2004 7 homes built
    9/7/2004 Implementation of Freddie Mac's Credit Smart Program
    9/7/2004 Implementation of FDIC's Money Smart Program
    9/7/2004 The Business Resource Center: 138 persons received small business consulting; 8 micro loans for a total of $55,000
    9/7/2004 The Career Resource Center: 1,585 persons served; 208 placed on jobs; 725 received employability skills training; 96 Steppin Stones job readiness training
    9/7/2004 Youth and Family: Men II Boys Program: 105 at risk youth males enrolled, ages 9-18 years of age; 5 Hillsborough County Schools being serviced
    9/7/2004 Hosted annual Winter Conference at the University of South Florida with 42 youth and their families in attendance.
    9/7/2004 Youth Entrepreneurship Program: 32 youth attend six week program
    9/7/2004 Youth Opportunity Program: 444 enrolled; 302 in school youth and 142 out of school youth; 155 in Life Skills classes; 157 placed in employment; 103 youth doing community service; 300 youth participating in
    9/7/2004 Sports/Recreation: East Tampa Learning Academy: 130 enrolled, ages 7-17

    Community Services
  • Community Building

  •  Community Outreach and Organizing

  •  Community Planning

  •  Small Business Development

  • Family Health Programs

  •  Afterschool/Tutoring Programs

  •  Job Training / Youth Employment Project

  • Financial Planning and Assistance

  •  Down-payment Assistance

  •  Financial Education

  • Housing Programs and Home Ownership Counseling

  •  Home Ownership Counseling


    • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    Joel BarnumBoard MemberRetired Chief Statewide Juvenile Transportation DJJ 
    Davina BestBoard MemberUnited States Postal ServiceCustomer Service Analysts
    Wence CunninghamBoard MemberTampa Housing AuthorityDirector of Operations
    Debora HowardBoard MemberINATTI (I Need A Tag & Title, Inc.)Owner
    Darlene J JohnsonBoard TreasurerBank of AmericaVice President
    Kolby JonesBoard MemberRMC Property GroupDevelopment Acquisition Manager
    Albert LeeBoard ChairFifth Third BankAsst. Vice President
    Scott McLarenBoard MemberHill, Ward & Henderson, P.A.Shareholder / Vice President
    Denese Meteye-JamesBoard SecretaryRetired Dept of Children & Families 
    David OgburnBoard MemberColonial BankSenior Vice President / Commercial Banking Manager
    Karen PeoplesBoard MemberTampa Housing AuthorityCommission Board
    Frank SanchezBoard MemberCambridge Negotiation Strategies, Inc.Managing Director
    Heddie SumpterBoard Vice ChairUniversity of South FloridaHuman Resources Manager

    About the NeighborWorks ® Network
    The NeighborWorks® network is a nationwide network of more than 240 community development organizations working in nearly 4358 urban, suburban and rural communities across America. These organizations engage in revitalization strategies that strengthen communities and transform lives. In the last five years alone, NeighborWorks® organizations have generated more than $8.5 billion in reinvestment and helped more than 500,000 families of modest means purchase or improve their homes or secure safe, decent rental or mutual housing.

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