The Northside Neighborhood Initiative is a broad-based partnership effort to control the dirt in Northside, have neighbors determine the future of properties, and preserve the future of this diverse, family-friendly neighborhood. The Northside Neighborhood Initiative officially launched in 2015 in conjunction with a $3 million, no-interest, 10-year loan from UNC-Chapel Hill to fund the Northside Landbank. The Landbank enables the acquisition and resale of properties in Northside, helping to stop investor encroachment and facilitating the transition of homes to families moving into Northside.
The Northside Neighborhood Initiative builds on a long history of creative and courageous leadership among Northside residents. It advances ongoing efforts of nonprofit organizations, such as EmPOWERment, Inc., Habitat for Humanity, and the Community Home Trust, that have worked together for years to promote and build affordable housing and to conserve the unique strengths of the neighborhood. The Northside Neighborhood Initiative pursues a shared vision for the historic Northside Neighborhood: a family-friendly, multi-generational community that balances the needs of long-term residents, new owners, renters, and students.
Thanks to the leadership of Northside neighbors and the collaboration and support of dozens of partners, the Northside Neighborhood Initiative strategies and our community land bank are working to bend the market towards justice. We employ a multifaceted approach to preserve the future of Northside:
Thanks to the leadership of Northside neighbors and the collaboration and support of dozens of partners, the Northside Neighborhood Initiative strategies and our community land bank are working to bend the market towards justice. By mid-2022, we have purchased over 41 properties, welcomed 51 families and 50 children into Northside through these housing efforts, and implemented a set of community-first strategies that are preventing the displacement of long-term neighbors and preserving the future of these historic neighborhoods.