Dorchester Bay Economic Development Corporation

Organization Description: 

Dorchester Bay Economic Development Corporation has had a 29 year history of economic and housing development, our own in-house small business and home owner loan fund, and a 18 year history of community organizing. We have built or renovated 704 units of rental housing, 63 cooperative ownership units, and 149 home ownership units. We have broadened our programs to include resident technology training, job linkage programs, and multiple activities for youth and local schools. We rehabbed the Pierce Building, one of the first CDC mixed use buildings, in 1985; the America's Food Basket building in 1987; and the Dudley Terrace Mixed use building in 1985. In 2001 we brought Hellas Video and Hellas Restaurant to their commercial building at 756 Dudley Street in Uphams Corner. Dorchester Bay EDC also conducted an environmental site assessment of the Daloz Dry Cleaners building, which enabled the artist-owners to access state Brownfield resources, insure liability protection, buy the property inexpensively, and create 22 artist studios in the old buildings.

We have many people to thank for this amazing journey. The hardworking board and staff who have built up the organization over these decades, the funders who provided capital to what seemed like very risky projects, those community and political leaders who had faith in Dorchester Bay's ability to get things done, and many committed officials at City Hall who recognized that partnering with DBEDC brings great results for our neighborhoods.

We hope to continue creating affordable housing, build on our strong economic development base, see an upgraded transportation infrastructure, bring many more jobs to the area, and insure that this community is strong and healthy for both long-time and new residents

Phone: 
617-825-4200
Organizational Email: 
cbanda@dbedc.com
Fax: 
617-825-3522
Location: 
594 Columbia Road, Suite 302
Boston, MA 02125
Map: 
Mission Statement: 

Dorchester Bay Economic Development Corporation acts to build a strong, thriving, and diverse community in Boston and Dorchester neighborhoods. Working closely with neighborhood residents and partners, we access resources to:

Create and sustain commercial and economic development opportunities

Develop and preserve affordable homeownership and rental housing

Build community power through organizing and leadership development

EIN: 
04-2681632
Do You Require Formal Orientation Training for Volunteers?: 
Yes
Are more than one-third of the participants in your organization/programs low income (below 150% of the poverty level)?: 
Yes
Primary Types of Volunteer Opportunities: 
City/Metropolitan Area: 
State/Province: 
Country: 
Program Types: 
Organization Membership Type: 
NTEE Code: 
S310
Assets: 
$19,747,031.00
Assets Bucket: 
$10,000,00-$50,000,000
Income: 
$4,157,978.00
Income Bucket: 
$3,000,000-$10,000,000
Form 990 Revenue Amount: 
$2,825,579.00