Jumpstart is a new model for community development that provides training, mentoring, networking, and financing options for aspiring local developers.
The objectives of Jumpstart:
o create opportunities for local residents to invest in and develop neighborhood residential development projects
o build wealth locally
o support scattered-site rehabilitation (as opposed to urban renewal)
o encourage a healthy mix of affordable and market-rate housing that lessens neighborhood gentrification
o improve neighborhood safety and raise property values through blight reduction
o help first-time investors become more attractive to traditional lenders.
The Training Program consists of 13 hours of instruction using our comprehensive Jumpstart curriculum. Interested applicants must have a commitment to revitalizing Gary. The focus of Jumpstart Gary is not only financial gain for the participant, it is devoted to changing Gary for the better.
The Training Program introduces less experienced developers (with 0 - 5 previous renovation projects) to the basics of real estate development, including property sourcing, due diligence, financing, design and construction, and leasing and selling. Upon graduation, participants are paired with an experienced mentor to guide them through their next development projects and will participate with Midtown Tiny Home Christmas in June Program!
NOTE: You must be available to attend all 6 sessions. In order to become a graduate, attendance is required at all sessions.
The program will begin Monday February 24, 2025 - March 31, 2025, from 3:00 pm - 7:00 pm.
Enrollment starts January 2, 2025 and ends January 31, 2025.
Enrollment will be prioritized for local residents as follows:
Gary-area residents. (Zip codes 46401, 46402, 46403, 46404, 46405, 46406, 46407, 46408, 46409)
Upon acceptance into the program there is a nonrefundable $130.00 participation fee.
Once you apply, be sure to keep an eye on your inbox for next steps.
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