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Des Moines Archives - Community Housing Initiatives News https://www.chihousing.com/blog/tag/des-moines/ Just another Rent Cafe Blogs Sites site Fri, 08 Sep 2017 22:46:39 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 227028265 Our second rehabilitated home is finished in Capitol Park https://www.chihousing.com/blog/2017/08/10/our-second-rehabilitated-home-is-finished-in-capitol-park/ https://www.chihousing.com/blog/2017/08/10/our-second-rehabilitated-home-is-finished-in-capitol-park/#respond Thu, 10 Aug 2017 19:00:00 +0000 http://www.chihousing.com/blog/?p=268 This summer, Stacie Phillips has been hard at work bringing something back in the Capitol Park neighborhood on Des Moines’ East Side.  At the immediate level, she’s been working bring back a porch that historically would have been on the front of a home on East 13th Street.  Or getting those bathroom walls adjusted so…

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This summer, Stacie Phillips has been hard at work bringing something back in the Capitol Park neighborhood on Des Moines’ East Side.  At the immediate level, she’s been working bring back a porch that historically would have been on the front of a home on East 13th Street.  Or getting those bathroom walls adjusted so they will be back in square. Or a thousand other things.

But more than that, Phillips has been getting a 955 square foot 1916 home ready for its next owners, one of three where she is now completing renovations on the same block. People are noticing – a sale is already pending on this latest house after only days on the market.

“These three in a row have such an impact because they’re so visible driving by on University or walking down to East High School.  It helps people get thinking and talking about what their neighborhood could look like,” Phillips said.

And looking out from the house, it’s hard not to see the potential.  Many homes in Capitol Park were constructed between 1900 and 1920.  Homes in the area are among the city’s oldest, but fortunately their basic design and construction makes them able to be renovated and kept up for today’s homeowners.

That’s where Phillips is engaged, selecting and renovating some of the area’s most troubled properties then remodeling them for sale on behalf of Community Housing Initiatives, a nonprofit working in the area as part of the Viva East Bank! Initiative.

She purchased this home through a tax sale, and it looked like the previous owners left quickly.  Trash was strewn about and an abandoned car sat out back.  It’s exactly the kind of situation Phillips is looking for when she gets to work.

As a whole, Capitol Park is a neighborhood that’s learned to bounce back more than once.  Many parts of the neighborhood have views of the State Capitol Building, right to the south, but the construction of Interstate 235 made that building—and downtown—feel much farther away.  Investment and growth in the city started flowing west down the freeway.

Today, elevated contract sales of homes and higher vacancy rates than other neighborhoods are some of the signs of stress in Capitol Park’s housing market.  Yet at the same time, downtown Des Moines and the nearby East Village are experiencing a dramatic resurgence, prompting hopes for an economic revival in neighborhoods like Capitol Park.

Working on the houses, Phillips is literally touching the history around her.  Several people, including past owners of her properties, have stopped by to check on her progress on East 13th.  That visible location is helping people see the progress.

“I think they’ve been waiting for it, and maybe they haven’t been sure it was going to happen.  I think there’s a surprise element to it,” Stacie said.

Capitol Park is one of the city’s youngest and most diverse neighborhoods.  It’s full of families. It’s a relatively affordable place to live. The restaurants are great. Scarlet pride at East High School burns as bright as ever.

Listed at $115k, Phillips latest house is perched on the market as a great starter home.  It won’t be there long, with its hardwood floors all new kitchen, and two car garage.

Phillips feels the same excitement about the neighborhood.  People are looking at Capitol Park with a fresh set of eyes.

“It’s going to be a process and certainly we want to see people who already live here, who are already invested, being included in the neighborhood’s progress, not left out.  With our partners, we are working on that part too.  But as this happens, there’s opportunity here, and that’s exciting.”

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Rehabilitation of home on E. 12th Street is first of many supporting neighborhood progress in Capitol Park https://www.chihousing.com/blog/2016/11/07/rehabilitation-of-home-on-e-12th-street-is-first-of-many-supporting-neighborhood-progress-in-capitol-park/ Mon, 07 Nov 2016 18:00:00 +0000 http://www.chihousing.com/blog/?p=74 Community Housing Initiatives, Inc., a statewide housing nonprofit, celebrated the rehabilitation of its first rehabilitated home in Des Moines' Capitol Park neighborhood Nov. 1 with an open house for the community. The home is a 1908 four bedroom 2 1/2 story property on E. 12th Street.   "The home is beautiful, and it's been through…

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Community Housing Initiatives, Inc., a statewide housing nonprofit, celebrated the rehabilitation of its first rehabilitated home in Des Moines' Capitol Park neighborhood Nov. 1 with an open house for the community. The home is a 1908 four bedroom 2 1/2 story property on E. 12th Street.

 

"The home is beautiful, and it's been through more than just a typical home improvement project. Our goal is to bring new life to properties in the Capitol Park neighborhood that have held down home values and distracted from what a great place this is to live," said Doug LaBounty, President of CHI.

 

Community Housing Initiatives' Stacie Phillips led an extensive renovation to the property, which has an all-new kitchen and bath, gorgeous restored foyer and staircase, and a surprisingly generous backyard.
 
Phillips, CHI's housing rehabilitation manager in Des Moines, also has work underway on four other properties in the Capitol Park neighborhood. Work on ten homes is planned as part of an initial group.

 

The housing rehabilitation is part of a unique financing partnership between the City of Des Moines, NeighborWorks America, and two local nonprofits, Community Housing Initiatives, and the Neighborhood Finance Corporation – NFC.

 

In the partnership, both CHI and NFC purchase, rehabilitate, and sell previously-blighted properties on the open market. Their efforts are tightly coordinated with the housing work group of Viva East Bank, a 30+ member coalition of nonprofit organizations and neighbors leading the revitalization of the Capitol Park, Martin Luther King, Jr., Park, and Capitol East neighborhoods.

 

Each of the three neighborhoods completed community-driven revitalization plans with the City of Des Moines in 2014, and the Viva East Bank initiative has followed to help those plans become reality. Particularly for Capitol Park, CHI is focused on responding to a desire for improvements to troubled residential properties that was expressed in the neighborhood's 2014 plan.

 

"You fix up a house, and it lifts up a whole block,” LaBounty said. “With so many neighbors, nonprofits, and partners working here, this home is just one way people can really see good things are happening in Capitol Park," LaBounty said.

 

More information about the Viva East Bank initiative is available from its website, VivaEastBank.com.

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