2015 Annual Report Hyattsville Community Development Corporation ₋ To develop arts and public spaces; ₋ To spur economic development and the quality of community life; ₋ To encourage widespread leadership for community revitalizaon; and ₋ To rebuild the City’s commercial corridors. Our Mission: December 2015
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2015 Annual ReportHyattsville Community Development Corporation
₋ To develop arts and public spaces; ₋ To spur economic development and the quality of community life; ₋ To encourage widespread leadership for community revitalization; and ₋ To rebuild the City’s commercial corridors.
Our Mission:
December 2015
It feels as if, suddenly I blinked and; a decade of our lives working at the Hyattsville Community Development Corporation flashed by at warp speed. A decade filled with so much physical, economic, and community revitalization in the life of Hyattsville and our neighbors: despite some of the most challenging financial and economic times seen in our lifetimes. So many changes, so many new opportunities, challenges and evolving commitments. But that illusion of time dilation passes as my mind catches up to my emotional reactions. Building a team (Board and Staff) whose work is effective, whose impact is widespread, and whose mission stays focused is a grinding, repetitive task. Yet as a team and a group we are not tired: in fact, we’re stimulated and refreshed by greater possibilities for our City, our neighbors, and our County.
Recently, an expert market analyst observed to the County Council that the successes of Hyattsville and the Arts District communities was difficult to explain based upon the data his team had developed. He attributed this to local driving forces focused on overcoming market obstacles. Developing and maintaining a network of community revitalizers: those businesses, artists, leaders, and volunteers who overcome market obstacles and leave a better community in their wake is what community development work is about; and our community now abounds with this talent, this mindset of progress and interconnectedness. You can feel it in the schools, through the PTA’s. You can see ambitious, even visionary leadership in so many places now. In businesses, in galleries, and in City Hall. It is an exciting time to work in Hyattsville, and with our inner beltway neighbors and officials to achieve economic development and sustainability in this corner of Prince George’s County.
The Hyattsville CDC business model strategically merges mission-based, fee-for-service project management, program and operating grants, program fees, and sponsorships. This diversified funding, when coupled with a focus on cash flow management ensures we can operate programs and projects seamlessly throughout the year. Hyattsville CDC management emphasizes stable, managed operating growth, and positive income trends.
• Coordinated The 8th Annual Downtown Hyattsville Arts Festival - featuring over 70 artists, artisans, and musicians, including Grammy-winner Cheick Hamala Diabete, with 3,900 in attendance
• Commissioned three (3) major public sculptures with installation planned for early 2016: Safeway at University Town Center; East-West Highway; and 4314 Farragut Street
• Developed online and print versions of our Small Business Guide, available in both English and Spanish; upgraded the functionality of our local Property and Business Databases
• Developed online and print versions of our Downtown Hyattsville Parking Maps
• Partnered with the Town of North Brentwood to secure funds to clean-up and rehabilitate the historic juke joint, Sis’s Tavern, and plan the reuse and redevelopment of parcels next door
• Produced a branded Gateway Arts District t-shirt as part of marketing initiatives for the area. Shirts are available online at hycdc.org/t-shirts
• Co-sponsored the International Film Series at the Hyattsville Memorial Library for the 4th consecutive year
• Responded to 1,200+ telephone calls for information and technical assistance
Financials
2015 Highlights• HCDC provided technical assistance to 30+ businesses, which created-or-retained an estimated 90 local jobs
• Awarded the Prince George’s County Beautification Award in recognition of the Route 1 Downtown