INVEST YORK ROAD UPDATES - September 2024

On a monthly basis, we post a high-level summary of work that has happened with Invest York Road (IYR) over the course of the previous month so that community members can stay informed about the progress being made.

Here are updates for the month of September:

• Invest York Road finalized a purchase-and-sale agreement with the owner of the first property we are attempting to bring into community ownership. We also secured the balance of the acquisition capital we needed to make that happen. We are resolving some outstanding issues, and are hoping to close on the property in the next three to six months.
• IYR has started the process of redesigning some of its communications materials. We have finished a redesign of our class outreach flyers, and will soon start our website redesign process with an audit of the current site by a marketing professional who will provide recommendations for its improvement.
• Our community engagement team recently participated at the Roots & Roofs event and the Beyond Boundaries Civic Engagement & Democracy Conference, and had a lot of great conversations with community members.
• Invest York Road has a fantastic group of advisors, many of whom recently convened to get updated on our acquisition efforts and provide very helpful input on our next steps.