Dallas Catalyst Project 2.0: Community-Driven Real Estate Funding For Impact.pdf

## Dallas Catalyst Project 2.0 FAQ

Focus: Funding community-driven real estate projects addressing significant challenges within specific geographic areas of Dallas.

Who is eligible?

Nonprofits focusing on neighborhood revitalization, housing, or education.
Collaborative proposals involving multiple nonprofits working together to solve a specific problem using real estate-related projects with measurable outcomes.

What are the key features of DCP 2.0?

Place-based: Targeting a specific community within Dallas.
Collaborative: Encouraging partnerships between nonprofits for comprehensive solutions.
Impactful: Seeking projects with significant, lasting effects on the target area.
Financial support: Offering at least $1 million over multiple years.
Community engagement: Involving residents through community meetings and TREC member involvement.

Application Process:

1. RFP submission: Nonprofits submit a brief proposal outlining their project idea (deadline: April 28, 2023).
2. Semifinalists chosen: TREC selects semifinalists from RFP submissions.
3. Full applications & due diligence: Semifinalists submit detailed proposals and undergo review by TREC member teams.
4. Final selection: 2-3 finalists present to TREC members for voting, with the winning project(s) announced in November 2023.

Timeline:

RFP submission: April 28, 2023
Final decision: November 2023
Funding availability: Beginning of 2024

Key Requirements:

Community focus: Projects must address a defined geographic area within Dallas.
Collaboration: Organizations must demonstrate clear collaboration and shared purpose.
Real estate integration: Projects should utilize real estate as a tool to achieve their goals (e.g., building community centers, affordable housing).
Measurable outcomes: Proposals must include specific, measurable goals and evaluation methods.
Financial capacity: Applicants must demonstrate the ability to successfully manage project finances.

Additional Notes:

TREC members will provide volunteer support and professional services.
* Other TREC member nonprofits may still receive investments outside of DCP 2.0.