About B22 PARK, INC

B22 PARK, INC is a Black-owned and woman-operated 501(c)(3) non-profit organization founded upon the principle of giving back to the community through for-profit and non-profit subsidiaries. Since its existence, B22 Park, Inc. has given back to the community, with its priority on helping the African American community. We have awarded business grants, scholarships, and other monetary assistance during COVID-19 (Project Money Bag), and have fed homeless individuals in the Downtown Atlanta area (Project H2: Homelessness & Hunger). Although we've given back to the community in previous ways, B22 Park, Inc. has re-directed its focus and goals. We believe in community and sustainability to drive positive change. This proposed facility is a natural extension of our work and represents our most ambitious project to date.

 

About the Project

This project will be operating under BLOCK PARTY HOLDINGS, INC, an extending for-profit subsidiary of B22 PARK, INC. Our envisioned facility will create employment opportunities, offer shelter and support and foster community development through the following comprehensive range of business and services aimed at addressing critical community needs:

• Restaurant

• Pharmacy

• Gas Station

• Intercity Bus Transportation

• Warehouse w/ Local School Supply Depot & Hydroponic Farms

• Car Wash

• Hair/Nail/Tax & Therapy Suite Rentals

• Hair/Nail Booth Rentals

• Music & Photography Studios

• Entertainment Center

• Micro-Hotel

• TRAC-HER: Public Safety Program

• Underground Emergency Shelter

 

The Need

The demand for these services is urgent. Alabama has the eighth-highest poverty rate in the United States, at 14.8%. This is higher than the national average. 32.9% of jobs are low-wage and 35.6% of working families are under 200% of the poverty line. According to the U.S. Department of Housing and Urban Development, there were an estimated 3,752 people experiencing homelessness on a single night in Alabama in 2022. Adjusting for population, this comes out to about 7.4 people for every 10,000 state residents, the fourth fewest among the 50 states. We believe this facility will not only address immediate needs but also lay the groundwork for sustainable change. Our community faces significant challenges. These issues are interconnected, and without comprehensive solutions, progress remains elusive. This facility will serve as a hub for addressing these challenges in a holistic, sustainable manner.

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BLOCK PARTY HOLDINGS, LLC: Goals and Outcomes

We aim to achieve the following outcomes within the first three years of operation:

• Goal #1: We pledge to use the remaining profit over a certain percentage to construct or renovate a local low-income community at the end of each year. Each newly constructed community will reserve units to combat homelessness. To further combat homelessness and capitalism, we pledge to rent any newly constructed community in consideration of the cost of living and average household income within that area.

• Goal #2: Student employees and children of employees are awarded scholarships to any HBCU collegiate sponsors, upon high school graduation pending 3.0 GPA or better. This initiative will become a factor in decreasing juvenile crime. In partnership with our collegiate sponsors, enrolled collegiate students can tutor students K-12 in exchange for (5) extracurricular credits per semester/quarter OR as part of a work-study program.

• Goal #3: There will be (3) allocations under BLOCK PARTY HOLDINGS, LLC. These allocations are possible via revenue from the TRAC-HER Public Safety Program and services provided by the multi-functional facility. Allocations include the Local School Supply Warehouse and grants awarded to like-nonprofits in the local area focused on health, innovation, youth and education.

• Goal #4: We will support legitimate local businesses through unlimited exposure of quality talent and skill in one of the most growing and stable markets.

• Goal #5: We seek to provide a safe and healthy place for more than 750 victims to stay during an emergency and/or disaster. This shelter will provide a place to escape from risks like eviction, abuse and exploitation – while also protecting people from environmental conditions and illnesses that might occur while sleeping outside. We will provide basic needs, such as food, water and sleeping accommodation.

• Goal #6: Due to the limited access of lucrative career opportunities to those without college degrees, there is a definitive demand for applicable skill sets relevant in job searches. As individuals secure well-paying jobs, their increased income levels contribute to a rise in consumer spending. We pledge to create and offer more than 1,300 employment opportunities.

 

The Opportunity to Partner & Fund

To bring this vision to life, we are requesting a grant of [$192,759,809]. This funding will be allocated as follows:

• Construction and infrastructure: [$58,539,809].

• Initial operational costs, which include program development and implementation: [$134,220,000].

 

Your support will directly impact the lives of countless individuals and families, empowering them to overcome obstacles and build brighter futures. As a sponsor, you will have the opportunity to gain recognition as a visionary partner in all project-related materials and communications, showcase your commitment to corporate social responsibility through media coverage and community outreach events, and collaborate with us in shaping programs and services that align with your values. We welcome partnerships in various forms, including:

• Financial Contributions: To support construction, program development, and operational costs.

• In-Kind Donations: Materials, expertise, or services relevant to building or operating the facility.

 

Sustainability Plan

B22 PARK, INC. is committed to ensuring the long-term sustainability of BLOCK PARTY HOLDINGS, LLC. Beyond initial funding, we will secure revenue through revenue from the TRAC-HER Public Safety Program, partnerships with local businesses, government grants, and community fundraising initiatives. Additionally, our team will continue to seek out innovative funding streams, such as social enterprise ventures, to maintain operations and expand our impact.

 

With your support, we can create a facility that not only addresses immediate needs but also fosters lasting change in our community. Together, we can create a facility that transforms lives and strengthens our community. We deeply appreciate your consideration and look forward to the possibility of collaborating with you to make this vision a reality. 

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To help prepare you for our partnership, please look over our standard Investor Agreement. 

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Warm regards