Advance Community Fund

Advance Community Fund Fall 2022 Letter
End of the year update! How you can help! Great community projects and public private partnerships!
An exciting time for Advance Community Fund (ACF), a 501(c)3 organization as we look to finish 2022 on a strong note, look ahead to 2023 and beyond!
All of you can help us with a year-end donation using the (ACF Donation) to our donation page and click “Buy Now” to make a donation We ask for consideration of a minimum of $25 to $1,000 or more! Monthly giving opportunities are welcome!
For more information on investment opportunities with a great ROI and for you making a very positive difference in so many lives; contact Michael Yorba at [email protected]!
ACF efforts are focused on improving job opportunities; partnerships with the city of Dallas; the Dallas Police Department; economic investment in South Dallas to further employment opportunities; increase availability of emergency healthcare services where appropriate sites can be determined for grocery stores and Health Centers
Partnerships with non-profits to take advantage of CRA funds; improve the lives of South Dallas citizens and offer treatment alternatives for battered women; the homeless and others that are currently neglected in South Dallas.
Just an example of one of those non-profits is Bring the Light Ministries and the Joshua Center which will provide housing, shelter for s*x trafficking victims, counseling, job training and faith to restore their courage and guide them in a new and safe direction!
These efforts coincide with ACF’s efforts to bring South Dallas communities enrichment, empowerment, and equip residents with the tools necessary for lasting personal and community growth!
Partnerships exist through CDFI which is a viable solution. A win/win opportunity fund with low risk and a fantastic support vehicle for real estate partners; job creation and provides lending alternatives.
The merits of CDFI allows for establishment of a platform-level; standard of living improvement in South Dallas micro-economy by establishing a self-sustaining foundation starting with healthcare, housing and job creation and then extending into education, training, and infrastructure.
As an example: The Marsalis Avenue Urgent Care Center operated by Dr. Dralves Edwards seeing at least 200 patients a month and where the city is paying for the staff.
Your participation with ACF ensures lives will be positively changed, safety in at-risk communities will be altered with lower crime rates and low-cost housing can be realized along with neighborhood grocery stores and additional healthcare centers.
These goals can be realized with your donations and real estate investments!

Respectfully yours,

Michael Yorba
Chairman and CEO
Sincerely,
Tom Frazier
Thomas Frazier
Philanthropy Committee Chair

"Texas is very unaffordable for the lowest income households,” said Airgood-Obrycki. “This is true everywhere across the country, but when we look across the states, Texas does have one of the highest burden rates for low-income renters who are making less than $15,000."

The “housing wage” is the hourly wage a full-time worker must earn to afford a modest rental home while spending no more than 30% of his income on rent and utilities. In 2020, the housing wage was $23.96 per hour versus the federal minimum wage of $7.25 per hour. This factor leads to the need or more affordable housing.

NLIHC Releases “Out of Reach 2020” Memo to Members Share NLIHC Releases “Out of Reach 2020” Jul 20, 2020NLIHC released Out of Reach: The High Cost of Housing 2020 on July 14. The report compares rents and wages nationally and in every state, country, and metropolitan area in the United States. Out of Reach 2020 shows that even be...

Our team is working hard to bring affordable housing to our neighborhoods. We are breaking ground on multiple new right now. Help support the mission!



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