Raleigh, NC | April 26, 2024 ─ Southeast Raleigh Promise, the YMCA of the Triangle and Self-Help welcomes you to the grand opening of Beacon Point, a 'purpose built community' in Southeast Raleigh that brings together education, wellness, housing, and commercial goods and services to support the community.
The event marks the grand opening of the final phase of a first of its kind project in North Carolina, one that includes affordable housing, an elementary school, and a YMCA – all built using a national model that focuses on revitalizing an entire community. Southeast Raleigh is a historically Black neighborhood that has long experienced low generational wealth and disinvestment.
When: Friday, April 26, 2024, 10:00 – 11:30 am
Where: 1425 Promise Beacon Circle, Raleigh, NC 27610
There will be tours, refreshments, entertainment, and ribbon cutting. Speakers include:
- Yvette Holmes, CEO Southeast Raleigh Promise
- Tucker Bartlett, EVP Self Help
- Jon Mills, Senior VP, YMCA
- Dr. Colin Ottey, Advance Community Health
- Kirsten Riggs, Interim President & COO, UNC Health Rex
- Corey Branch, City Council Member
“Every community has to have the ingredients to make it a healthy community - education, health care, affordable housing, financial services,” explains Tucker Bartlett, Self-Help executive vice president. “No one institution can be an expert in everything. You need partnerships and at its core, that's what this project is all about.”
“Our promise and our vision for Southeast Raleigh is that our history and culture is acknowledged and celebrated, structural barriers are removed, and it’s a place where all residents have access and pathways to success and prosperity,” states Yvette Holmes, CEO Southeast Raleigh Promise. “This project will help ensure that Southeast Raleigh residents have access to opportunity to grow and to thrive.”
Amenities at Beacon Point include:
- UNC Health Multispecialty Care at Beacon Point
- Advance Careplex at Beacon Point
- UNC Health, in partnership with Advance Community Health, will welcome new and existing patients with primary care and specialty care needs to this new clinic. It will accept patients who require cardiology, gastroenterology, endocrinology, and treatment for sickle cell disease. Providing specialty healthcare services in this area in this area highlights UNC Health’s commitment to improve health equity in the communities it serves.
- Self-Help Credit Union
With a mission of ownership and opportunity for all, Self-Help welcomes our newest branch serving Southeast Raleigh. Self-Help is a family of member-owned, mission-driven credit unions, a nonprofit loan fund, and a policy advocacy organization that works every day to expand ownership and economic opportunities for all. The mission is large, but we believe that much of it is accomplished by small acts: someone's first bank account; a loan for a small business; helping a family buy a new car, first home or to reduce high-cost debt. Together with more than 190,000 members around the country, we are increasing ownership, creating jobs, revitalizing neighborhoods, and building stronger communities.
About the Project:
Self-Help Ventures Fund, a nonprofit sponsor, was selected by the YMCA of the Triangle to develop the capstone Beacon Point with a mix of commercial uses that complement the neighborhood’s broader plan. Our vision for Beacon Point is to make it a hub of health and wellness, financial services, and nonprofit and small-business services that is closely connected to the rest of the Beacon Site and to Raleigh. This vision is the result of a community planning process and aligns closely with Self-Help’s broader mission to create and protect wealth and economic opportunity for all, especially women and people of color.
About the Self-Help Ventures Fund
The Self-Help Ventures Fund is a nonprofit 501© (3) loan fund capitalized with loans and grants from foundations, religious organizations, corporations, and government sources. It manages Self-Help's higher-risk business loans, real estate development and home loan secondary market programs. The Self-Help Ventures Fund is a part of the nonprofit Center for Community Self-Help, a family of nonprofit organizations whose collective mission is to create and protect ownership and economic opportunity for all. For over 43 years, the national Center for Community Self-Help and its affiliates have provided more than $11 billion in financing to help more than 190,000 borrowers buy homes, start, and grow businesses and strengthen community resources. For more information, please visit www.self-help.org
The Center for Community Self-Help is a family of nonprofit organizations with a collective mission to create and protect ownership and economic opportunity for all. Since its founding in 1980, Self-Help has grown to include two credit unions, a loan fund and a research and policy affiliate that have helped expand economic opportunity for underserved communities nationwide. Together these entities provide financing, technical support, consumer financial services and advocacy for communities often left out of the economic mainstream.
Jenny Shields, Director of Media Relations, Self-Help Credit Union Direct Line: 919.794.6798 Cell: (919) 584-4379 | Email: Jenny.Shields@self-help.org