The Anchor Institution may be a 24/7 Community Center with the 100-150 units.
I have been learning about the disabled community and will now be investigating a different concept of the Anchor Institution.
The 24/7 Community Center - This will be a place to connect and learn about jobs, housing, and other social services. It will also be an emergency room for emergencies that are not those where one would go to the hospital for.
The third primary component - It will be necessary to initiate the project by bringing in an Independent Living Senior Retirement Community.
This will be developed and built by an existing firm that specializes in building these facilities. This third major component or sub-community of this plan would be similar to an “anchor tenant”.
The Retired Seniors, that are residents, are not to be confused with the Youngish Seniors needing to work as mentioned above.
This Retirement Community (100-150 retired seniors) would provide:
An established understanding of what community means
Family & friends come and go frequently and freely
Safety & security is assured
Food & shelter is stable
Health Care is available
Physical, mental, and social, activities are provided
Education is a growing necessity - for all ages
A place to worship is essential
Jobs - the retirement communities would be “job generators” and create other enterprising opportunities. Many jobs would be created, initially for the retired residents. These are the basic services required to run a Retirement Community.
How it Works: Live Midtown provides employees of the three anchors with four different types of incentives to live and invest in Midtown homes. New homeowners are eligible for a forgivable loan up to $20,000 to purchase; new renters can qualify for a $2,500 allowance in the first year of living in their apartment, and an additional $1,000 the second year. Existing homeowners are eligible for up to $5,000 for exterior improvement projects valued at $10,000 or more; and existing renters are allocated a $1,000 allowance if they extend their leases. The program is administered by Midtown Detroit, but the anchors fund the program for their employees. Each anchor has various eligibility criteria.
Across initiatives, it has become clear that the linchpin organization, here, Midtown Detroit, must deliver real product and results in order to keep anchors interested in the initiatives. By showing tangible benefits, more anchors will be willing to invest in the surrounding community.