CDFI Friendly America
To engage with CDFI Friendly America LLC to bring financing from one or more community development financial institutions (CDFIs) to the City. The scope of work to be provided includes creating a CDFI Friendly strategy to significantly increase CDFI financing in Fort Worth, with priority on financing for communities of color and others that have long been denied full access to essential financing on reasonable and appropriate terms, establishing an independent permanent CDFI Friendly entity, research on community development efforts, local market conditions and trends and/or opportunities, identifying credit gaps that CDFI financing might fill, and preparing a business plan that clarifies and illuminates key findings, assumptions, resource needs, market priorities and projected outcomes.
Center for Transforming Lives
The Center for Transforming Lives (CTL) intends to complete an adaptive reuse of a 1950’s era structure, located at 2851 S. Riverside Drive. This facility is located within the 76119-zip code which has one of the highest poverty rates in Tarrant County. The proposed redevelopment will restore both the building and the surrounding land to create a hub for services, such as early childhood education and economic opportunity. The City of Fort Worth and Tarrant County, have identified a need to partner on the establishment of this centralized campus to improve access to childcare, healthcare and workforce development.
Child Care Associates
Renovation of the Gwendolyn C. Gragg Child Development Center includes the addition of three classrooms bringing the total to eight classrooms and expanded services for infants and toddlers.
Child Care Associates
Building a new Early Learning Center at the future Stop Six Social Services Hub to expand access to infant, toddler and three-year old services in Stop Six. The ARPA investment will draw $9.2M in quality learning services from Child Care Associates at no charge to low-income families in Stop Six over ten (10) years
Evans & Rosedale Redevelopment
Property is being purchased to resell at below market value in order to facilitate the redevelopment of a portion of the Historic Southside Neighborhood to include low to moderate-income housing as part of the Evans & Rosedale Urban Village Master Plan.
Habitat for Humanity
The purchase of the fourteen detached platted lots south of John Peter Smith Hospital will include the replatting and development of land to build 26 or more affordable townhomes, which will be sold to low-to moderate-income households in Fort Worth.
The Neighborhood WiFi project was initially begun with CARES funding to provide free internet access to approximately 10,000 homes in five underserved neighborhoods in the City; Rosemont, Ash Crescent, Stop Six, Northside and Como, in an effort to support remote education, employment search, remote work, telemedicine and access to community services. Several factors led to delays in the project’s completion. While the wireless service has been established in each area, ARPA funding will cover necessary redesign of deployed infrastructure, the completed implementation of the project, community outreach and education and operational costs necessary for the management of the deployed technology until September 30, 2025.
Permanent Supportive Housing
The City of Fort Worth is part of the local Continuum of Care (CoC), and one of the priorities of the CoC is to address the current level of chronic homelessness. Tarrant County Homeless Coalition (TCHC) evaluated the homelessness situation in the CoC area and identified strategies, resources, and the estimated number of new physical units of permanent supportive housing (PSH) needed. TCHC has determined one of the greatest needs is for physical units designated for the chronically homeless. The allocation of general ARPA funds will allow the City to produce an additional 40 PSH units.
Establishment of the Techstars Future of Human Movement Accelerator program to address the disparities caused by the pandemic in physical therapy services by developing businesses that deliver new therapies and technologies to better the health outcomes for all residents of Tarrant County. In order to implement these efforts, Tarrant County and the City of Fort Worth are each committing funding in support of a three-year program for the Accelerator Services program.
Visit Fort Worth
Visit Fort Worth will put ARPA funds to work rebuilding our visitor economy, which supports jobs and local business. Visit Fort Worth powers economic development through tourism – creating jobs, raising the City of Fort Worth’s visibility and contributing to local quality of life. As a 501(c)(6) contracted with the City of Fort Worth, Visit Fort Worth represents the hospitality industry as they share the Fort Worth story.
In 2020, Visit Fort Worth responded to the pandemic by laying off 20% of its staff, reducing spending and shuttering visitor centers. During the pandemic 12 employees were laid off. Over the next three years ARPA funds will replace about half of the $10.44 million Visit Fort Worth lost during the tourism downturn. Specifically, $6 million over three years or 57% of that total loss of projected revenue, enabling Visit Fort Worth to rehire 6 of the 12 staff members.