A Letter from the Executive Director
In the past 27 years we have been serving our Asian American community, our community has grown beyond the boundaries of Chinatown. Asian Americans are now 9% of Boston and in City's like Quincy and Malden, the percent of Asian American residents are more than 20%. With the generous support from friends and neighbors in 2013 and 2014, Asian Community Development Corporation was able to increase our capacity to build healthy homes and neighborhoods by welcoming new members to the ACDC team. Our community continues to grow. ACDC asks for your support to help us grow with our community and to meet not only the needs of our community members, but to enable them to thrive and contribute to our regional economy.
You can be a part of our high impact work by supporting ACDC programs and operations.
One Greenway, formerly known as Parcel 24 began construction in November. This public-private venture with the New Boston Fund will create 363 much needed new homes. It will make the largest contribution of affordable units of any project under construction in downtown, with 40% of the total units being affordable to those who are low- and middle-income households.
For our homebuyer program, our housing counselors, Lee and May, have worked around the clock to provide our HUD- certified first-time homebuyer workshop to 497 individuals this year. This brings our total number of graduates since program inception to more than 1,000. ACDC has the only multilingual Chinese first-time homebuyer workshop in New England. We have helped more than 65 families become first-time homeowners.
The ACDC board of directors has adopted a new agency mission that continues our previous work but with a greater emphasis on placemaking and regional expansion to better address the growing needs of Asian Americans in Greater Boston.
ACDC received certification by the City of Boston as a Community Housing Development Organization (CHDO) in 2013.
ACDC was one of the first to become a certified Community Development Corporation by the Massachusetts Department of Housing and Community Development, which recognizes the impact and quality of our community-driven work. In 2014, as a certified Community Development Corporation, we are able to offer our donors the new Community Investment Tax Credit (CITC) to at least double the impact of their contributions.
We have engaged our residents and volunteers to activate our Oak Terrace Apartments with The Reading Room that provides neighbor to neighbor ESL conversation groups and a safe space to study and read or meet neighbors.
ACDC will begin renovations of our first project to preserve and improve a current affordable housing building, Tremont Village. Tremeont Village is one of only two state-owned public housing properties and is loacted on the border of the Chinatown and Bay Village neighborhood. Starting the Fall of 2014, we will improve the living conditions for 20 families by undertaking significant renovations that prioritize life safety, energy efficiency, and quality of life items.
ACDC lauched Community Advisory Boards in Malden and Quincy made of members who are local leaders and residents to advise us on our work in these two cities. ACDC is committed to creating responsive, place-centered solutions to problems in local communities.
We are proud to serve our clients and are warmed by their appreciation as noted by Chun-Hau Chen at our 2013 Annual Meeting and Dinner:
"CHOP is very important for teaching people about homebuying because we cannot learn about it in high school or college. Adults need to learn how to manage their money. Lee’s diligence helped me buy my first home in East Boston. I was fortunate to find someone who can speak Mandarin. I am very grateful for Lee and will let people know to ask her for help."
Your gift can make a difference:
$ 1,500 enables one youth to participate in ACDC’s A-VOYCE Summer Youth Program
$ 500 supports one workshop for placemaking activities with ACDC residents
$ 100 covers the cost of supplies and materials for a homebuyer workshop
$ 50 provides a stipend to a youth tour guide for an ACDC Chinatown Walking Tour
A gift of any size is truly appreciated. Thank you for your support.