What is St John Community Development?
Established in 1985, St. John Community Development Corporation (St. John CDC) is a nonprofit organization dedicated to community transformation and economic resurgence in historic Overtown and other African American neighborhoods in Miami. The organization focuses on revitalizing communities through real estate development, affordable housing initiatives, and community outreach programs. St. John CDC aims to empower individuals and families by providing housing solutions and educational resources. Their commitment to uplifting the community is reflected in their various properties and future developments.
How much funding has St John Community Development raised?
St John Community Development has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in St John Community Development
PPP
Public-Private Partnership
What's next for St John Community Development?
The substantial backing from its latest funding round, characterized as a major strategic investment, positions St. John Community Development for significant expansion. This capital infusion is expected to fuel further real estate development and affordable housing initiatives, reinforcing its mission to empower individuals and families in Miami's African American neighborhoods. The organization's late-stage funding context suggests a focus on scaling operations and deepening its impact within the community.
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