The Kensington Corridor Trust (KCT) seeks to foster the equitable economic revitalization of a commercial corridor and its surrounding neighborhood through local partnerships, strategic programming, and an innovative approach to moving real estate assets out of the speculative private market. Its pioneering model of neighborhood ownership, governance and local economic development has the potential to keep control within the neighborhood and ensure long-term affordability. The KCT introduces neighborhood-based property control for long-term, equitable revitalization of a key
commercial corridor.
Activities focus on restoring cleanliness and safety, attracting and accelerating businesses to provide goods and services that meet local needs, and increasing job opportunities. The Trust’s programming is underpinned by strategic property acquisition, development, and activation.
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Year Awarded: 2022
Grant Type: Community Award
Grant Amount: $15,000