TEDc celebrates 40 years of helping solve the
Affordable housing crisis by building strong communities

TEDc celebrated 40 years of building strong communities with the launch of two of its newest communities in Miami’s Liberty City on Nov 3, 2022. Hosted by NBC 6 News Co-Anchor Jawan Strader, the event was attended by government officials and business and community leaders.

The construction underway for Edison Towers was the background for the groundbreaking ceremony.
The completed rehab will provide 115 units of amenities-abundant affordable housing for seniors.
The celebration continued with the grand opening and ribbon-cutting ceremony of the newly-constructed Edison Place, featuring 200 sustainably designed workforce housing units.
One of the first nonprofit developers in Miami to use Low Income Housing Tax Credits (LIHTC) to finance affordable housing, TEDc’s commitment, partnerships, and progress in building communities for people of modest means were highlighted during the commemoration.

Carol Gardner, president of the woman and minority-led TEDc, remarked:

“We are honored to celebrate 40 years of being a member of this community. We have struggled together, and we have succeeded together. And working together, we are building more housing that improves the quality of life for more people and fuels more investment to benefit the entire community. TEDc is privileged to work with you to help solve the affordable housing crisis. Edison Towers and Edison Place are reminders of what we can and will accomplish together.”

Elected and government officials, community leaders, and representatives of TEDc’s co-development partnerships recognized the Company’s work and its expansion to development in other states, including

The Honorable Daniella Levine Cava

Mayor of Miami-Dade County

The Honorable Francis Suarez

Mayor of the City of Miami

James Bush III

State Representative

Ashley Gantt

State Representative-Elect

Alexis Snyder

Congresswoman Frederica Wilson’s Chief of Staff

Jorge Pérez

CEO, Related Group

Jake Zunamon

Senior Vice President of Development, Smith & Henzy

Jeff Hovis

Chair, Wilmington, NC Housing Authority Board of Directors

Luce Lohier

TEDc Board Chair

Eric Knowles

Miami-Dade Chamber of Commerce President
The commemoration also highlighted TEDc’s growth with the announcement that the Wilmington, North Carolina Housing Authority selected TEDc and its co-development partner, Related Urban Group, to transform a 26-acre public housing project into a mixed-income, mixed-use community. And that the Fort Walton Beach Housing Authority of Florida has awarded TEDc the multi-phased 19-acre redevelopment of existing public housing.

Attendees also celebrated a $400,000 appropriation and award from the State of Florida funding TEDc’s new social services initiative to provide financial training, GED certification, and vocational education to its communities’ residents. As part of its new Non-Traditional Initiatives, TEDc also announced its program to work directly with faith-based leadership, colleges and universities, and other institutions to develop underutilized land to provide affordable housing.

Gardner closed the celebration with a call to action, ” Many say that the affordable housing crisis can’t be fixed. Some say that TEDc has big dreams. What we have is a solution, and it’s simple… We will work with our partners to deliver the highest and best housing and services to the people who need it most and to the communities they call home.”

Let’s build a lasting legacy together.

 

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