Economic Impact

The economic impact The Floral Perspective (TFP) makes to a neighborhood and the surrounding community is tenfold:

Urban blight is reduced by rehabilitating visually and structurally distressed properties.

Vacancies are eliminated thereby reducing crime associated with vacant properties that allow undesirables to congregate. Eliminating vacancies while simultaneously increasing neighboring property values creates a win/win for existing homeowners in any given neighborhood.

The tax base for local and county governments is increased by the revenue stream generated from increased property values and the additional taxes paid on building materials for housing rehabilitation, new construction, and homeowner furnishings purchased to enhance a new homeowner's immediate environment.

Jobs are created from rehabilitation and new construction, assisting local businesses with the increased purchasing power of the residents/workers in their immediate vicinity. A vibrant housing market has proven to be a key economic indicator time after time, and providing quality and affordable workforce housing is key to an employer's retention of experienced personnel.

Research and statistics have proven affordable home-ownership to be a vital part of a family's overall well-being. Evidence Matters, Fall 2014, as published by HUD reports on findings related to: Housing and Neighborhoods' Role in Shaping Children's Future; How Housing Mobility Affects Education Outcomes for Low-Income Children; Protecting Children From Unhealthy Homes and Housing Instability; based primarily on housing choices made by or mandated upon their parents, guardians, or caretakers; in other words, the adults in their lives,

TFP conducts ongoing home buyer pre-purchase and post-purchase education seminars preparing an individual or family to purchase a home and maintain home-ownership, learning to withstand normal life circumstances that will arise over the term of a 30-year mortgage. Self-directed credit enhancement training is an integral part of every seminar.

TFP works with community partners comprised of non-profits, Small Women and Minority Businesses, church groups, and social service agencies, to fortify the activity of community development.

Revitalization of communities brings federal and state funding to local communities that demonstrate the capability to effectively tackle negative issues faced on a daily basis and turn them into true positives.

TFP works with local banks and foundations to seek ways to leverage funding to partner with local non-profits to assist with community development efforts.