Shanice had been a renter for over 10 years. She was hesitant to take the leap into homeownership, but her desire to provide a stable environment for her teenage son was much stronger than any fears she may have had. Even though the journey was long, Shanice was diligent, and found a home in Belair-Edison. She admires all the beautiful renovations to her new home, and loves that her block is filled with homeowners who care
Belair-Edison was once a community plagued by high foreclosure rates and a stagnant real estate market. In the 80s and 90s especially, the area experienced a high rate of resident turnover. The instability in the housing market opened the door for many predatory practices and speculative investors. Belair-Edison Neighborhoods, Inc. (BENI) is a nonprofit, community-based organization that has been working to help strengthen the area. In 2000 they adopted the Healthy Neighborhoods approach, which focused on middle neighborhoods that could be losing their value. BENI set out to raise property values by implementing high standards for physical conditions. They wanted to get residents personally invested in the community and each other. With these initiatives BENI found they were able to boost community morale, confidence, and resident involvement.
St. Ambrose serves as BENI’s development partner by acquiring foreclosed and distressed houses for beautiful renovation and sale to new homeowners. For more than 20 years, St. Ambrose has been dedicated to restoring and strengthening the Belair-Edison community, and in that time have renovated and sold 192 houses. Currently we are renovating 5 more houses in the community with another 3 awaiting a construction start date. The renovated homes complement BENI’s work to help establish and maintain high standards in the neighborhood. This in turn encourages neighborhood homeowners to make necessary repairs to their homes in an effort to maintain the integrity and value of the community.
St. Ambrose has a long tradition of partnering with other organizations. We know we can achieve much more when we collaborate with others, who supplement our own skills or bring additional expertise that can broaden the scope of our projects. We are grateful to work with Belair-Edison Neighboorhoods, Inc., so that together we can offer a more comprehensive approach to community development.