RHCDA

RHCDA would like to thank the PNC Foundation and Commerce Bank for their generous support of the Social Compact St. Louis Neighborhood Market DrillDown Initiative.  RHCDA is one of many stakeholders working to bring Social Compact's expertise to St. Louis.  With the awards from the PNC Foundation ($18,000) and Commerce Bank ($5,000), added to other sums already raised, including a separate $10,000 commitment from RHCDA, we completed our initial fundraising and were able to formally engage Social Compact to complete a St. Louis DrillDown in 2010.

Social Compact is a national nonprofit that promotes private investment in lower-income communities for the benefit of current residents.  A significant reason for urban disinvestment is a lack of good market information: the Census and traditional market analysis models tend to underestimate the buying power of urban neighborhoods, and often focus on deficiencies rather than assets.  Social Compact has developed the Neighborhood Market DrillDown ("DrillDown"), a market analysis tool designed specifically to capture community strength and market opportunities in underserved areas.

In the coming months, RHCDA will assist in collecting and analyzing local data according to Social Compact's DrillDown methodology.  The results of the DrillDown will be shared with the public - including community leaders, developers, investors, and policy makers - in order to catalyze responsible, private investment in St. Louis neighborhoods.  If you are interested in learning more about Social Compact, joining the St. Louis DrillDown Committee, or contributing to the effort, please contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it .