HBCU Community Development Corporation

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

PATNERSHIP

EDUCATION

FINANCE

CONSTRUCTION

About Us

What We Do

Historically Black Colleges and Universities (HBCUs) are nearing extinction due to the lack of financial resources required to maintain accreditation and attract students and staff to their campuses and their communities.

ICDC is a business that merges the financial potential of HBCUs and the communities that surround them in order to create public/private partnerships capable of attracting the funding needed to build the infrastructure required to increase student enrollment by 100%. The business uses existing funding sources and the latest advances in data analytics to illuminate the path toward a renaissance of HBCUs.

Lifting the Veil
& Growing
a Community

HBCUs lifted the veil of ignorance that oppressed the previously enslaved black community. A renaissance of HBCUs that includes taking a lead role in developing the communities surrounding the HBCUs completes the work started by the founders of these institutions.

Combining the surrounding community’s assets with the assets of the HBCU’s provides the leverage required to attract public and private sector funding needed to transform these communities into destination sites capable of attracting students, faculty, staff, and businesses need to support and advance the mission of the HBCUs.

The purpose of ICDC is to demonstrate the feasibility and timeliness of this change in strategy. Community development lead by HBCUs creates a synergy that providing opportunities for HBCU students, a skilled labor force for the neighboring areas, and benefits for the larger black community.

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WHAT INNER CITY DEVELOPMENT COMPANY BRINGS TO THE TABLE

ICDC brings over 40 years of experience in resolving public and private community development issues by developing feasible solutions, to what seemed to be surmountable problems. These solutions often lead to direct positive impacts at the federal, state, and local levels of various industries and markets with the economy.

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Increasing HBCU Enrollment by 100%

From 2000-2016, black undergraduate enrollment increased by 57%, from 1.5 million students to 2.2 million. Today, there are 107 HBCUs with more than 228,000 students enrolled. Increasing HBCU enrollment by 100 percent requires capturing only an additional 10 percent of the black student market to increase the HBCU share of the market from 10 percent to 20 percent. In 1950, HBCUs were responsible for serving 90 percent of black students in higher education.

Altering the Economic Structure of the Community

Integration, diversity recruitment among non-HBCUs, and growing incomes among black families have made HBCUs a less favorable option for black students. These institutions are generally located in economically underserved communities characterized by low property values, limited access to public services, and protection. Gentrification impacts these communities with the selective distribution of financial capital. ICDC redirects the flow of this financial capital to enhance the HBCUs and community to infrastructure in order to attract students, faculty, staff, and the black community.