Argenta Neighborhood Boosters: Members of the Argenta CDC staff and board actively participate in the downtown neighborhood association, known as Boosters. Participation in Boosters promotes communication between the CDC and neighborhood residents. It also provides opportunities for residents to take leadership roles in the activities of the CDC. In partnership with Boosters, Argenta CDC has launched a number of successful projects benefiting the neighborhood.
Arkansas Development Finance Authority (ADFA): Argenta CDC receives a fee from ADFA for homebuyers utilizing ADFA low-interest mortgage financing and who participate in Argenta CDC homebuyer education classes. Low Income Housing Tax Credits awarded by ADFA helped finance the CDC’s development of affordable rental housing. HOME Funds for single-family housing development are also provided by ADFA.
Arkansas Historic Preservation Program / Main Street Argenta: Argenta CDC receives technical assistance and access to grant funds through the AR Historic Preservation Program (AHPP). Main Street Argenta, a division of AHPP, works in tandem with Argenta CDC to promote reinvestment in the North Little Rock’s downtown business district.
Arkansas Small Business Development Center (ASBDC): Argenta CDC hosts small business development workshops conducted by the ASBDC, a division of the University of Arkansas and the federal Small Business Administration.
Gardner Memorial United Methodist Church: Located in the Holt neighborhood of North Little Rock, Gardner Memorial United Methodist Church provides down payment grants to persons who buy CDC homes near the church.
Habitat for Humanity: Argenta CDC enjoys a strong relationship with Habitat for Humanity of Pulaski County. Habitat clients are referred to the Argenta NeighborWorks® Home Ownership Center. Also, Argenta CDC collaborates with Habitat for Humanity for new home construction within the target neighborhoods.
Local Lending Institutions: Bank of America, Regions Bank, Bank of the Ozarks, Arvest Bank, Pulaski Bank, Twin City Bank, US Bank and Metropolitan National Bank have supported the CDC with operating grants and technical assistance. These lenders also participate in CDC classes and special events. Representatives of Regions Bank, Twin City Bank, Metropolitan National Bank, and US Bank serve on the CDC Board of Directors. A partnership with Bank of the Ozarks in 2005 provided Individual Development Accounts for homebuyers of low-to-moderate income. For more information on Argenta CDC lending partners, visit the “LINKS” page of this web site.
NeighborWorks America (NWA): As a member of NeighborWorks® America and the NeighborWorks® network, Argenta CDC receives training, technical assistance, and funding for investment. NWA provides CDC lending partners with access to below-market rate, non-recourse first mortgage funding through their secondary market, Neighborhood Housing Services of America.
NeighborWorks Campaign for Home Ownership: Argenta CDC is a member of the NeighborWorks® Campaign for Home Ownership. Since 1993, the Campaign has educated 573,745 families, created 97,690 new homeowners, and generated $10.12 billion of investment. Being a member of the Campaign for Home Ownership provides Argenta CDC with access to operating grants, technical assistance, and revolving loan capital.
North Little Rock Community Development Agency (CDA): As a Community Housing Development Organization (CHDO), Argenta CDC receives HOME Funds for housing rehabilitation and construction through the North Little Rock CDA. Community Development Block Grant funds (CDBG), which assist qualified homebuyers with down payment and closing costs, are also available through CDA.
North Little Rock Historic District Commission: Technical support from the North Little Rock Historic District Commission has helped restore the character of the downtown target area. Establishment of the Argenta Historic District contributed to an increase in property values, as well as a more positive image of the neighborhood. Argenta CDC works closely with the Historic District Commission on construction projects within the Historic District.
North Little Rock SAFE Team: A grant of $6,000 was awarded to the CDC by the Arkansas Community Foundation in 2006. The grant supports a collaboration between Argenta CDC and the North Little Rock SAFE Team to produce a community development / public safety handbook for distribution to communities across the state. SAFE stands for support, abatement, fines and enforcement. The SAFE Team is a partnership of the North Little Rock City Attorney’s Office, Police Department, and Office of Code Enforcement. Argenta CDC’s relationship with the SAFE Team was recognized with a national award in 2003.
The North Little Rock Tree Board: In partnership with the North Little Rock Tree Board, Argenta CDC launched an urban reforestation campaign in 2004. Since the campaign began, 40 new trees have been planted downtown.
North Little Rock Police Department: CDC Board members and area residents actively participate in neighborhood crime watch programs and public safety initiatives. The partnership between Argenta CDC and the North Little Rock Police Department was honored in 2003 by the MetLife Foundation and the LISC Community Safety Initiative for innovations and improvements in community safety and quality of life.
North Little Rock Housing Authority: Argenta CDC provides homebuyer education and pre-purchase counseling services to participants of the Housing Authority’s Self-Sufficiency Program. The goal of the partnership is to support families wishing to move from Section 8 housing assistance to homeownership.
State Farm Insurance: Argenta CDC partnered with State Farm Insurance in 2006 for Community Build Day, a nationwide initiative organized by the National Financial Services Roundtable of Washington, D.C. State Farm provided the CDC with a grant of $5,000 for the Community Build project, as well as a $5,100 grant for the Argenta NeighborWorks HomeOwnership Center in 2006.
Youth Build: Youth Build is a construction training program operated by Pulaski Technical College in North Little Rock. Youth Build renovates and builds homes, much like Argenta CDC. The CDC collaborates with Youth Build to carry out projects in close proximity for greater impact in the Mid City and Baring Cross neighborhoods.
Arkansas Coalition of Housing & Neighborhood Growth for Empowerment (ACHANGE): As a member of ACHANGE, Argenta CDC works to increase the capacity of Arkansas CDCs through peer support, training, and activities that impact community and economic development in Arkansas.