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Project Proposal Outline

By Tomás Alberto Avila

Upsilon Class of 2000


Leadership Rhode Island
Community Project

Proposal Outline

By Tomás Alberto Avila

Project Title: ONE (Our Neighborhoods Economy)

Theme: Economic Development

Description:
ONE (Our Neighborhoods Economies) this project will consist in becoming promoters
and participants of our community economic development, by developing an investment
group, capable of raising capital and investing in the economic development of our urban
communities regardless of location.

ONE economic strategy should be based on a comprehensive plan for community-


controlled revitalization crafted by community stakeholders. This plan should outline the
blueprint for a locally based economic development strategy based on the concept of an
Urban Village. Other initiatives around the country have demonstrated that community-
based planning and organizing can produce quality affordable housing and a network of
social services increasingly responsive to residents’ needs.

ONE basic approach is to create an environment of opportunity that encourages and


supports sustainable business development and asset accumulation, and increases the
purchasing power of ONE neighborhood residents. We need to build on the community’s
many strengths, and rely on residents to set the direction. This community’s many assets,
include its unique ethnic composition (African American, Latino, Cape Verdean, and
white), a widespread interest in gardening and agriculture, the richness of its colonial
history as well as the current interest in its revitalization efforts, point the way to certain
assets-based approaches.

Team Members:

Project Goal: Becoming promoters and participants of our community economic


Development.

Objectives

1. Creation of investment group, capable of investing in the development of our


communities.

LRI Project: ONE 2 Tomás Alberto Avila


2. Empowering our community to envision ourselves becoming economically
empowered in order to be able to create wealth in our neighborhoods.

3. Teach community residents to overcome the social mentality and transform such
mentality to an economic development mentality.

4. Take control of our community's economic future.

5. Development of Investment Group

Community Partners: West Elmwood Development Corporation, Southside/Broad


Street, West Broadway Community Development Corporation, CHisPA, Progreso Latino,
Quisqueya In Action, Puertoriqueños Unidos, EDC, RIPEC, Urban Ventures, MIDC,
SBIC, SBA, RIHMFC, Urban League of RI, Oasis Credit Union, Fleet Bank, Citizens
Bank, SBDC, Bank RI, etc..
Action Plan

Mission

To envision ourselves becoming economically empower in order to be able to create


wealth in our neighborhoods and teach community residents to overcome the social
mentality and transform such mentality to an economic development mentality.

ONE economic strategy should be based on a comprehensive plan for community-


controlled revitalization crafted by community stakeholders. This plan should outline the
blueprint for a locally based economic development strategy based on the concept of an
Urban Village.

The team members will develop a series of Urban Village Visioning plan to convey the
organization’s intention in the targeted neighborhoods.

One of these visioning objective will be Community Economic Power, which should
identify the key leverage points to move from our vision to the reality of a vibrant
multicultural urban village.

ONE basic approach is to create an environment of opportunity that encourages and


supports sustainable business development and asset accumulation, and increases the
purchasing power of ONE neighborhood residents.

We need to build on the community’s many strengths, and rely on residents to set the
direction. This community’s many assets, include its unique ethnic composition (African
American, Latino, Cape Verdean, and white), a widespread interest in gardening and
agriculture, the richness of its colonial history as well as the current interest in its
revitalization efforts, point the way to certain assets-based approaches.

LRI Project: ONE 3 Tomás Alberto Avila


Economic Development Consultancy
Venture Capital Funding Services
Real Estate Investment Partnership
Technological Economic Development (TED)

LRI Project: ONE 4 Tomás Alberto Avila

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