Freedmen's Town Community Investment Initiative Launch Event
Freedmen's Town Community Investment Initiative Launch Event
IMAGE DISTRIBUTED FOR FREEDMEN'S TOWN COMMUNITY INVESTMENT INITIATIVE - Participants leave a home during a tour at the launch event for the Freedmen's Town Community Investment Initiative in Houston on June 21, 2024. Freedmen's Town, which was founded by the formerly enslaved after Juneteenth, was its own Black Wall Street by the 1930s, known for its successful businesses as well as popular restaurants and jazz clubs. Ultimately, redlining, extractive development, and the building of Interstate 45 through the community contributed to Freedmen's Town's decline.(Danielle Villasana/AP Content Services for Freedmen's Town Community Investment Initiative)
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Freedmen's Town Community Investment Initiative Launch Event
IMAGE DISTRIBUTED FOR FREEDMEN'S TOWN COMMUNITY INVESTMENT INITIATIVE - Zion Escobar, founder and CEO of the Freedmen's Town Community Investment Initiative, delivers remarks at the organization's launch event in Houston on Friday, June 21, 2024. The Freedmen's Town Community Investment Initiative, the first of its kind, addresses the need for additional affordable housing and will restore homes that have been vacant for decades, allowing current residents to remain in Freedmen's Town and displaced residents to return to the community. (Danielle Villasana/AP Content Services for Freedmen's Town Community Investment Initiative)
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Freedmen's Town Community Investment Initiative Launch Event
IMAGE DISTRIBUTED FOR FREEDMEN'S TOWN COMMUNITY INVESTMENT INITIATIVE - Charonda Johnson, vice president of the Freedmen's Town Association and a fifth-generation member of the Freedmen's Town community, walks alongside a home during the launch event for the Freedmen's Town Community Investment Initiative in Houston on June 21, 2024. Initiative leadership is working hand-in-hand with neighbors, ensuring that the efforts reflect the needs and aspirations of the Freedmen's Town community today and into the future. (Danielle Villasana/AP Content Services for Freedmen's Town Community Investment Initiative)
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Freedmen's Town Community Investment Initiative Launch Event
IMAGE DISTRIBUTED FOR FREEDMEN'S TOWN COMMUNITY INVESTMENT INITIATIVE - Zion Escobar, founder and CEO of the Freedmen's Town Community Investment Initiative, leads a walking tour of the neighborhood during the organization's launch event in Houston on June 21, 2024. The first pilot project spearheaded by the Initiative is the Victor Street Historic Rehab Project, a landmark effort that will restore the last row of 10 iconic shotgun houses built in Freedmen's Town in 1930. The Initiative will also add six new accessory dwelling units (ADUs), transforming Victor Street into a beacon of heritage and progress. The units are designed for families earning 30-80% of the area median income (AMI) and are backed by a 99-year deed-enforced affordability covenant. (Danielle Villasana/AP Content Services for Freedmen's Town Community Investment Initiative)
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Freedmen's Town Community Investment Initiative Launch Event
IMAGE DISTRIBUTED FOR FREEDMEN'S TOWN COMMUNITY INVESTMENT INITIATIVE - A row of homes in Houston's Freedman's Town, photographed during the Freedmen's Town Community Investment Initiative's launch event on Friday, June 21, 2024. The Initiative aims to strengthen the community's connection to its legacy of excellence as a thriving entrepreneurial district and cultural mecca. Anticipated outcomes include increased community-serving businesses; the preservation of cultural landmarks; enhanced economic growth; and strengthened community pride and engagement. (Danielle Villasana/AP Content Services for Freedmen's Town Community Investment Initiative)
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Freedmen's Town Community Investment Initiative Launch Event
IMAGE DISTRIBUTED FOR FREEDMEN'S TOWN COMMUNITY INVESTMENT INITIATIVE - Zion Escobar, founder and CEO of the Freedmen's Town Community Investment Initiative, delivers remarks at the organization's launch event in Houston on Friday, June 21, 2024. The goal of the Initiative is to equitably revitalize the once-thriving Black Houston community, increasing affordable housing and commercial spaces, establishing and fortifying community-serving businesses, fostering economic mobility, and preserving cultural landmarks. (Danielle Villasana/AP Content Services for Freedmen's Town Community Investment Initiative)
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IMAGE DISTRIBUTED FOR FREEDMEN'S TOWN COMMUNITY INVESTMENT INITIATIVE - Participants leave a home during a tour at the launch event for the Freedmen's Town Community Investment Initiative in Houston on June 21, 2024. Freedmen's Town, which was founded by the formerly enslaved after Juneteenth, was its own Black Wall Street by the 1930s, known for its successful businesses as well as popular restaurants and jazz clubs. Ultimately, redlining, extractive development, and the building of Interstate 45 through the community contributed to Freedmen's Town's decline.(Danielle Villasana/AP Content Services for Freedmen's Town Community Investment Initiative)