HBCU Community Development Corporation

Let Us Develop Our Community Together
Building Asset Based Community Development Partnerships
Increasing HBCU Enrollment
Funding HBCUs and Community Infrastructure

PARTNERSHIP

ENROLLMENT

FINANCE

CONSTRUCTION

About Us

What We Do

Historically Black Colleges and Universities (HBCUs) are the engines responsible for advancing the economic, social, and cultural development of the black community. Currently, these institutions are experiencing operational issues that are causing a lack of financial resources required to maintain accreditation and campus infrastructure. Compounding the situation is the inability to attract students and staff to their campuses and their communities.

The HBCU Community Development Corporation (HBCUCDC) merges the economic potential of HBCUs and their surrounding communities to create public/private partnerships capable of attracting the funding needed to build the infrastructure required to increase student enrollment along with addressing the other problems confronting these institutions. HBCUCDC uses existing funding sources and the latest advances in data analytics to refurbish these engines of economic, social, and cultural advancement.

Lifting the Veil
and Growing
a Community

HBCUs started the process of successfully lifting oppressed and enslaved black communities out of poverty in 1837. Now it is time to address the operational issues confronting HBCUs, stagnant enrollment, accreditation challenges, and declining financial reserves. Addressing these issues involves improving institutional infrastructure and taking the lead in the restoration of the surrounding communities, into places attractive to students, faculty, staff, and businesses.

Combining the surrounding community’s assets with the assets of the HBCUs provides the leverage required to attract public and private sector funding. This funding is essential to the transformation of these communities into destinations capable of attracting students, faculty, staff, and businesses needed to support and advance the mission of HBCUs.

HBCUCDC’s motive is to demonstrate the feasibility and timeliness for this change in strategy. Community development led by HBCUs creates a synergy that provides opportunities for HBCU students, a skilled labor force for local businesses, and benefits to the entire community.

What does the HBCU Community Development
Corporation bring to the Table?

HBCUCDC brings over 40 years of experience in resolving public and private community development issues by providing feasible solutions to what seemed to be insurmountable problems. These solutions led to direct positive impacts at the federal, state, and local levels of various industries, markets, and institutions within the affected economy.

Increasing HBCU Enrollment by 100%

In 2018, there were approximately 5.4 million blacks in the 18-24 age group, which represents the pool of potential black undergraduate students. About 57% of this group were enrolled as undergraduates in 2018, leaving the remaining 3.3 + SHOW MORE

million as potential recruits for HBCUs. HBCU 2018 enrollment was 292,000 students, so increasing HBCU enrollment by 100% requires attracting 9% of the potential recruits. In 1950, HBCUs were responsible for serving 90 percent of black students in higher education. Returning to the 1950 levels of black student enrollment may be difficult but recruiting more black students from the unenrolled population is achievable.

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Directing the Flow of Financial Capital into HBCU Communities

HBCUCDC can direct the financial capital needed for funding community infrastructure improvements, which accommodate and encourage + SHOW MORE

student,faculty and staff recruitment. These improvements include residential housing and retail and commercial spaces for business establishments which will provide community services and facilities for HBCU related activities.

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Altering the Economic Structure of the Community

Integration and diversity recruitment among non-HBCUs accompanied by growing incomes among black families, has made HBCUs a less favorable option for black students. + SHOW MORE

These institutions are usually located in economically underserved communities characterized by low property values, limited access to public services and protection. Gentrification further impacts these communities with its selective distribution of financial capital. HBCUCDC redirects the flow of this financial capital to enhance the infrastructure of HBCUs and surrounding communities to attract students, faculty, staff and the black community at large.

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