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REBUILDING JOY

2022 Impact Report

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FROM THE CEO

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Dear friend, 

The Community Builders is rebuilding joy and forging new paths of opportunity with our residents. 2022 was a year of joyful impact for TCB, through new housing, high quality property management, resident initiatives, and neighborhood investments across the 30 cities where we work.

We welcomed over 700 diverse households into TCB homes this year, including young families, adults with disabilities, and independent seniors.
 
The seven new and renewed developments we added to our portfolio in 2022 mark a hopeful new start for our residents and neighborhoods we serve. From the historic hills of Richmond to bustling blocks of Chicago, to the soaring skylines of New York City, TCB is advancing equity and expanding opportunity in 30 great American cities.
 

I'd like to ask you to consider donating to support TCB's Community Life work. As we emerge from the pandemic, TCB Community Life staff are helping children, adults and seniors recover and renew their lives together. Supported by transformational grants and meaningful personal gifts, TCB Community Life is placing residents at the center of early education, health and wellness, and economic mobility initiatives.

I am honored to share the real estate milestones, personal stories and resident data in our 2022 impact report. Together, they reveal the power of home and the joyful resilience of the communities we serve.

Thank you for your continued support,

Bart 

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Bart Mitchell | President and CEO

Rebuiding Joy
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REBUILDING JOY

THROUGH COMMUNITY LIFE

Resident Success
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RESIDENT SPOTLIGHT

Jerrilyn, Boston

A brighter future starts with an education. Jerrilyn, a determined single mother of two in Boston, found hope and support though TCB Community Life’s Healthy, Wealthy, and Wise initiative. With dreams of supporting her family and buying her own home, we helped Jerrilyn find her path to success. Meet Jerrilyn. 

Sarah, Chicago  

Sarah, a crossing guard in the Bronzeville neighborhood of Chicago, is finding joy in her new TCB home at 508 Pershing. Having a home she can afford is allowing Sarah to save money, pay off debt and do her part to help others. For the first time, Sarah put out her own welcome mat. She summed up her feelings at a ribbon cutting celebration, “I am blessed to be part of something so grand.” 

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RESIDENT SUCCESS

WE PLACE RESIDENT SUCCESS AT THE CENTER ACROSS THE REGIONS WE SERVE

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72%

of 3-5 year-olds

are enrolled

in quality preschools

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92%

of TCB young adults (18-25) have someone they can turn to when they feel isolated

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86%

of residents say people get along in their community

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95%

of TCB seniors feel valued in their community

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$5M

of emergency rental assistance secured for residents

Housing Impact

HOUSING IMPACT

WE DEVELOPED 761 HOMES IN 2022. OUR PROPERTY MANAGEMENT TEAMS CONNECTED HUNDREDS OF FAMILIES, SENIORS AND ADULTS WITH DISABILITIES TO THESE NEW AND RENEWED HOMES.

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Residents at 508 Pershing, located in Chicago's rising Bronzeville neighborhood, enjoy amenities including a fitness center, resident lounge, a dog spa and an outdoor patio. The newest addition to Oakwood Shores, the mixed-income development features 53 apartments and 3,200 square feet of retail space. 

508 PERSHING, CHICAGO

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Part of New York City’s Far Rockaway’s revitalization in Queens, Beach 21st features 224 mixed-income apartments, including 23 homes with on-site supportive services for formerly homeless residents. Building amenities include on-site laundry, a fitness room, and a rooftop terrace with a walking track and a panoramic ocean view, as well as approximately 28,000 square feet of retail and community space, anchored by a day care center. 

BEACH 21ST, NEW YORK

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The newest addition to the vibrant Armstrong Renaissance residential development in Richmond’s Church Hill North, Armstrong 2B features 45 affordable homes for seniors and designated space for supportive services. The development’s lobby and lounge areas offer a welcoming feel, and residents enjoy a community room, fitness space and laundry facilities. Located minutes from downtown Richmond, the three-story building features a lounge on each floor, offering opportunities for social gathering.  

ARMSTRONG 2B, RICHMOND

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In the heart of McGinley Square, the preservation of the historic Bergenview Apartments created 112 studio apartments. In addition to on-site supportive services, residents enjoy exercising in the fitness center and meeting friends in the community room. The development features a state-of-the art laundry facility and indoor storage for bicycles. Bergenview Apartments achieved ENERGY STAR and Enterprise Green Communities certifications through energy and sustainability efficiencies.

BERGENVIEW APARTMENTS, JERSEY CITY

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Located just 25 minutes from the heart of New York City, the Ridgeway community's newest phase, 178 Warburton, offers 81 modern one and two-bedroom mixed-income homes for families. The brand-new community features an on-site fitness center, roof deck, community room, and garage parking. Residents enjoy access to the Yonkers riverfront with shopping and dining options nearby. 

178 WARBURTON AT THE RIDGEWAY, YONKERS

Matching the historic architecture of the turn of the century former industrial city, Erie Point brings 40 affordable and energy-efficient townhomes and a pocket park to downtown Cahoes. Located on eight scattered sites near a walkable downtown, Erie Point provides supportive housing for 20 households for families formerly experiencing homelessness as well as victims of domestic violence. 

ERIE POINT, COHOES

23rd Place at Southbridge in Chicago is a mixed-use, mixed-income, transit-oriented development offering 206 homes to a diverse mix of households as well as high-quality retail, restaurants, services and event programming to the greater community. Residents benefit from its proximity to an inviting park, athletic facility and CTA train station. LEED-certified, Southbridge connects Chinatown vibrancy, South Loop luxury and famed Bronzeville culture while supporting nearby Motor Row’s rebirth.  

23RD PLACE AT SOUTHBRIDGE, CHICAGO

Sustaining strong communities is essential to our mission. In 2022, the TCB property management portfolio passed housing quality inspections with top scores.  Joan Moore in Akron, Ohio is among the property management professionals who made it happen. This year, she became the first woman promoted to service manager at TCB.

MANAGING PROPERTIES WITH IMPACT

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PARTNER SPOTLIGHT

Addis Café, Oak Park, IL
Local entrepreneurs expand with TCB

Designed with community in mind, the  Addis Café reopened its doors in new commercial space developed by TCB. Co-owner Kalkidan Tesfaye’s hopes of adding authentic Ethiopian dinner fare to the menu became reality thanks to the site’s full commercial-grade kitchen. The larger space creates a plethora of opportunity to serve Ethiopian comfort food orders to the community she loves. The expanded menu encompasses tradition and togetherness, with shared dishes that bring people together.   

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UNLEASH, Cranston, RI
Residents Rebuild Joy with LEGO

You’re never too old to play! TCB partnered with UNLEASH (United Network of LEGO® Enthusiasts at Senior Housing) at Presidential Place in Cranston, RI. This joyful initiative combats isolation among older residents and provides them with an opportunity to create, meet, share ideas, and display their creativity.

Neighborhood Impact
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NEIGHBORHOOD IMPACT

The School at Marygrove, Detroit

The School at Marygrove building serves grades K-5 and plays an important role in establishing a foundational, collaborative educational environment.  Classroom spaces provide the space needed to enable a first-class education and provide visual transparency to common spaces throughout the school to foster the teaching mission of the P-20 vision.  As students move through the grades in The School at Marygrove, they encounter increasingly open and flexible common spaces that allow the educational activities to expand from the defined classroom spaces into open and dynamic group settings.  Color plays an important role in establishing unique identities for individual classrooms and creating a collective palette aligned with the broader educational campus.

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Greater Cleveland Food Bank

With 140 full time staff members and over 18,000 annual volunteers, GCFB distributes food through its community food distribution center and nearly 1,000 partner programs and operates several initiatives tailored to underserved populations including Children’s Nutrition Initiative, Senior Nutrition Initiative, Food as Medicine Initiative, Fresh Produce Initiative and SNAP outreach. Now in its 40th year of service, GCFB is the largest distributor of emergency food in Northeast Ohio, providing the resources for more than 50 million meals in its last fiscal year.

Housing Awards
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HOUSING AWARDS

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ARMSTRONG RENAISSANCE, VA

Congress for the New Urbanism

Charter Awards

Neighborhood, District & Corridor Merit Awards 

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BEACH 21ST, NY

Queens Chamber of Commerce

Outstanding New Construction Project

Mixed-Use 

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HILLSIDE CROSSING, NY

Novogradac Journal of Tax Credits

Development of Distinction

Family 

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LYMAN TERRACE PHASE II, MA

Novogradac Journal of Tax Credits

Development of Distinction

Preservation of Existing Public Housing 

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NEW BERGENVIEW APARTMENTS, NJ

Supportive Housing Association of New Jersey

Project of the Year

Supportive Housing 

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NORTH COMMONS AT VILLAGE HILL, MA

Builders and Remodelers Association of Greater Boston

Silver PRISM Award

New Construction Affordable Community

Financials
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FINANCIALS

Total Net Assets

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2021 Net Assets: $35.6 MM

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2022 Operating Expenses

Board of Directors
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2022 BOARD OF DIRECTORS

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Audra Bohannon

Andrew Clark

Brian L.P. Fallon

Carol Galante

Rita German

 

Richard High  

Dave Johnson 

Robin Powell Mandjes

Louis Mercedes

Ben Jullien  

 Patrick Nash 

James Riccio 

Jeffrey Sanchez 

Amy Schectman 
 

Monica Warren-Jones  

Malcolm Williams  

Kamillah Wood  

Mia Roberts 

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2022 DONORS

*As of November 2022

THANK YOU TO OUR DONORS. PLEASE CONTACT US WITH QUESTIONS ABOUT DONOR RECOGNITION.

Donor List
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$100,000+

  • Boston Children's Hospital

  • Carl E. Touhey Foundation

  • Empire State Supportive Housing Initiative

  • Enterprise Community Partners, Inc. - Amazon Housing Equity Fund

  • National Association of County and City Health Officials

  • Thome Memorial Foundation

  • Reinvestment Fund, Inc.

$25,000 - $99,999

  • Blue Cross Blue Shield of Massachusetts Foundation

  • Boston Financial/Lument

  • Boston Medical Center

  • Cigna Foundation

  • Cohn Reznick

  • Kresge Foundation

  • Rockport Mortgage

  • TD Bank

  • The CarMax Foundation

  • The City of Boston

  • United Way of Central Massachusetts

  • United Way of Greater Cincinnati

$10,000 - $24,999

  • AGM Financial Services Inc.

  • Beacon Communities

  • Bilt-Rite Construction

  • Cranshaw Construction

  • Eastern Bank Charitable Foundation

  • Fred H. Daniels Foundation

  • Greater Worcester Community Foundation

  • John Moriarty & Associates

  • Klein Hornig LLP

  • Marous Brothers

  • Marsh USA, Inc.

  • Mintz Levin Cohn Ferris Glovsky and Popeo, P.C.

  • Ohio Capital Corporation for Housing

  • Red Stone Equity Partners

  • Richard High

$5,000 - $9,999

  • Applegate & Thorne-Thomsen, P.C.

  • Bank of America Merrill Lynch

  • Brandon Schultz

  • Brian and Beth Fallon

  • Burns & Levinson

  • Elkus Manfredi Architects

  • ICON architecture, Inc.

  • Joseph Sisca III

  • Konica Minolta Business Solutions

  • Langan

  • M&T Bank

  • McHugh Construction

  • Northeast Interiors General Contracting

  • Patrick Nash

  • Plumb House, Inc.

  • Quinn Evans

  • Raymond James Affordable Housing Investments

  • Rockland Trust Bank

  • Santander Bank

  • The Architectural Team

  • The Davis Companies

  • Tom and Jane Holt

  • U.W. Marx

  • Urban Architectural Initiatives

  • Walder Family Giving Fund

  • Worcester Community Action Council

$1,500 - $4,999

  • Aegon Asset Management

  • Andrew Clark

  • Audra Bohannon

  • C.T. Male Associates

  • Cannon Heyman & Weiss

  • Capital One

  • Citizens Bank

  • Dana-Farber Cancer Institute

  • David Jones and Sarah Niemczycki

  • David Johnson

  • DCU for Kids

  • Doug Brown

  • Downing Van Dyke

  • First American Title Insurance Company

  • Harvard Medical School

  • Harkins Builder, Inc.

  • James A. Riccio

  • Lisa Wilcox-Erhardt and Steve Erhardt

  • Marcum LLP

  • Morgan and Kristin Wilson

  • Needham Bank

  • Patricia Belden

  • PC Connection

  • Pine Street Inn

  • Powers and Sons

  • RDL Architects

  • Siklu

  • Systima Capital Management

  • The Boston Foundation

  • Turk & Quijano Law Firm

  • US Bank

  • Walter Haverfield LLP

$500 - $1,499

  • Amy Schectman

  • Barry Cohen

  • Bart Mitchell and Susan Siebert

  • Beverly Bates and Christine Connors

  • Bob's Discount Furniture Charitable Foundation

  • Deborah Oyer

  • Edward H. Marchant and Catherine Marchant

  • Elizabeth Gonzalez Suarez

  • First Unitarian Church of Cincinnati

  • Francena Turner

  • HSO

  • Jullie and Michael Patterson

  • Jeffrey Sanchez

  • Kamillah Wood

  • Louis Mercedes

  • Malcolm Williams

  • McPhail Associates, LLC

  • Melissa and Josh Bennett

  • Metro Housing Boston

  • Monica Warren-Jones

  • Patrick Clancy

  • Robin Powell Mandjes

  • Roecker Family Fund

  • Rose Mabwa

  • Russell Phillips

  • Spalding DeDecker

  • Stephanie Garrett-Stearns and William Stearns

  • Ted Puralewski

  • Vanguard Charitable

$250 - $499

  • Dave Roecker

  • David Aiken

  • Ethan Ceplikas

  • Jeff Beam

  • Jeffrey Turk

  • Jesse Batus

  • Joan Burns

  • Juan Powell

  • Keli Savage

  • Mary Kay Leonard

  • Matthew Kiefer

  • Richard Crosby

  • Steve Lodi

  • Susan McCann

  • Timothy Swanson

$100 - $249

  • Carol Galante

  • Jean Kelleher

  • Jeff Nathanson

  • Jesse Elton

  • Joe Giggey

  • John Quintal

  • Leah Van Tassel

  • Linda Torres

  • Mark S. Fowles

  • Mary Sugrue

  • Patrick Costigan

  • Rebeca Nystrom

  • Stanley Young

$1 - $99

  • Angela Swanson

  • Anne Vinick

  • Jennifer Rugg

  • Kim Siebert

  • Lynette Steinbrecher

  • Mark A. Farlow

  • Meghan Kaple

  • Olivia Link

  • Patrick Niebauer

  • Scarlet Guzman

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