Famicos Foundation is one of the oldest community development corporations in the City of Cleveland. Famicos Foundation has grown from a faith-based, volunteer organization in 1969 to a mature community development corporation with 36 full-time employees and 13 board members along with many volunteer and partner organizations.
Famicos Foundation has been a lead affordable housing provider in The City of Cleveland offering housing products that range from subsidized and affordable to recent market rate new construction and restored historic homes.
Champion in Action 
Famicos Foundation was selected as Charter One Bank and Fox 8 News' first quarter Champion in Action. This designation comes with a $25,000 unrestricted contribution from the Charter One Foundation, media coverage and public service announcements from WJW FOX 8 and volunteer support. Watch the video!
Left: Charter One Bank Volunteers and WJW Fox 8's own Kenny Crumpton hosting BINGO for Notre Dame and University Tower residents.
Right: Charter One Bank volunteer painting the Codes of Freedom on Winnie's Nursery during the Spring Clean event in the Glenville-Wade Park neighborhood.
The Strategic Investment Initiative
In 2006 Famicos Foundation was selected by Neighborhood Progress, Inc. to implement a Strategic Investment Initiative (SII) in the southern Glenville-Wade Park-Greater University Circle neighborhood. The SII is a comprehensive, targeted approach to community development which provides additional resources for planning, land assembly, home improvement and community outreach to provide a holistic neighborhood revitalization strategy.
Throughout 2006 and 2007 Famicos, neighborhood residents, partner institutions and agencies engaged in a neighborhood planning process that identified the needs and revitalization opportunities within the neighborhood to develop the SII Neighborhood Plan. In spring of 2007 the SII Neighborhood Plan was presented to the community. The goals of the SII Neighborhood Plan are to:
- Capitalize on neighborhood greenspace resources to enhance neighborhood identity
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Create and maintain a safe and secure neighborhood
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Transportation, infrastructure and programm to enhance connectedness of the neighborhhod to its parks and institutions
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Commerical Development
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Community building
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Housing and historic preservation