Summit Hill Community Development Corporation (SHCDC) is a wholly controlled 501(c)(3) instrumentality of the Bloomington Housing Authority, with its commissioners also serving as its board of directors.
SHCDC’s mission is to provide housing as a foundation to advance resident opportunity and improve lives.
As a local non-profit affordable housing developer, SHCDC brings capacity and experience securing mixed-source financing to support the development, rehabilitation and operation of public and affordable housing within our community— helping meet a much needed goal of the City of Bloomington’s 2020 housing study.
The broad goals of SHCDC include:
The RAD Program was created in 2012 to “give public housing authorities a powerful tool to preserve and improve public housing properties,” and aims to increase access to capital improvement funds, renovate properties, and preserve affordability for the community.
BHA began transitioning two communities, Walnut Woods and Reverend E. D. Butler, into RAD units from public housing in 2018 with the deal closing in May 2020. (SHCDC serves as the general partner under Bloomington RAD I, LP.) BHA plans to also convert Crestmont through the RAD program in 2020-2021.
The Summit Hill Childcare Development aims to provide opportunities for high-quality childcare in northwest Bloomington, prioritizing the children living in subsidized housing. The project intends to construct and operate a Crestmont neighborhood facility, at the corner of 14th and Monroe Street, which will host an Early Head Start Program serving 16 infants and toddlers.
Contact Kate Gazunis, Executive Director
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