Capital Development

St. Jude's Ranch Crossing

Relationship:  Building Hope Sponsor/Developer; SJR Owner/Program Manager

Project Name:  St. Jude’s Ranch Crossing

Total Project Cost: $2,980,000

In mid-2009, St. Jude’s Ranch for Children  (SJR) a highly regarded therapeutic  program serving at-risk youth in the foster care system, decided to expand its services to meet the needs of the underserved population of young adults ages 18 to 25 years and would do so by establishing such a program in Las Vegas.   SJR is a community leader in service delivery and is the NGO (non-governmental organization) that takes on the most difficult youth, while preserving the sibling unit.  SJR youth have a 100% high school graduation rate and the organization has achieved zero deficiencies in annual licensing reviews conducted by the Department of Family Services since 2006.  While acknowledging its strength, the Ranch also acknowledges it did not have a skill-set and experience in federally funded housing programs and/or non-profit development.

 SJR and Building Hope had two brief meetings before they agreed to join forces to develop a project, seek funding, build and operate a multi-family, supportive housing program for youth exiting the foster care system, “because a core value of St. Jude’s Ranch is that we always strive to provide the highest quality care to our children.  We are committed to establishing programs consistent with our strategy and high standards – and knew we needed to find that same “value” in a partner – particularly a partner that would be managing a $3mm capital project with our name on it,” states Christine J. Spadafor, Chief Executive Officer for SJR.  “It did not take long for either Building Hope or SJR to realize that we could develop a mutually beneficial relationship that could bring a much-needed program – a project that simply did not exist in Las Vegas,” Spadafor continued.

Building Hope, leaders in community development activities will lead the project from design-development through to Certificate of Occupancy.  The process started with a series of conversations between SJR, Building Hope, local government funders, elected officials and community partners; it was critical to both Building Hope and SJR to have a project that met a significantly unmet need and would be well received by the community.

Building Hope, working along-side the grants team at SJR, spearheaded all community presentations, including funding requests.  The two organizations have clearly defined role, and through close to a dozen presentations to elected officials an interested parties, there was synergy and mutual commitment to success for Building Hope, SJR and the community. Building Hope developed a mixed funding strategy, assembled the design-development team and agreed to provide technical assistance to SJR for one year post construction.

Initially, the project was approved for $1.3mm HUD Continuum of Care funds, $500,000 operational and $800,000 capital; $600,000 HOME funds and $600,000 CDBG funding.  However, Building Hope working with local government and HUD was able to replace HOME and CDBG funds valued at $1.2mm for $2.18mm Neighborhood Stabilization Program (NSP) funds.  This allowed the project to increase the number of units for the young adults from 10 units to 15 units, provide an operating reserve and a design-development budget that will not only provide young adults leaving the foster care system with housing, but high quality housing in the neighborhood of the local university and with extended supportive services.   Building Hope and SJR were able to add the additional five units to the new round of CoC operating and supportive service funds.

Boulder City Hospital

Relationship: Building Hope Sponsor/Developer

Project Name: Boulder City Hospital Renovation and Expansion

Total Project Cost: $16,000,000

In 2011, Boulder City Hospital (BCH) a not-for-profit, acute care, critical access hospital and skilled nursing facility decided to renovate and expand its facility. In its current state, the hospital sits on a ten-acre site on the southern edge of Boulder City and employs over 200 health care professionals and support staff. The 35,873 square foot facility was built in 1973. The renovation plan would allow BCH to improve its overall occupancy rate and improve its current facility; increasing staff size to improve patient services, providing services to allow residents to ‘age-in-place’, and emerging as the preferred hospital for residents in Boulder city, rural Southern Nevada, and Henderson. BCH provides critically important services within its service area, is a key employer and is a highly-valued partner with its constituencies. While acknowledging its strengths, the hospital also understood that in order to continue to provide services, it must operate successfully as a business to provide services and operate annually with a year-end positive cash balance.

Boulder City Hospital and Building Hope leadership met and decided to join forces on the renovation and expansion project. With Building Hope at the helm as project sponsor, the partners agreed to seek funding from the United Stated Department of Agriculture (USDA) in the form of a community facilities loan.  Boulder City hospital is deeply committed to Boulder City and its neighboring communities. The hospital is fully focused on the services it provides and seeks to continually improve the quality of care for their patients by maintaining a state of the art facility, operating efficiently, and pursuing continual improvement. Building Hope will help the hospital achieve its goals in this partnership.

Building Hope, a leading 501c3 community development corporation, will make sure that the Boulder City Hospital project is a transparent, design/build process; allowing the hospital to control costs, achieve the highest quality, and ensure a public process. Building Hope also has extensive experience with HUD CFR 24, has had no audit findings, and will keep the project within the parameters of established time and budget constraints. Building Hope is also very familiar with federal grant management and compliance as well as accounting requirements of our private partners. Building Hope has the experience and capability to oversee the construction and project management tasks associated with a project of this magnitude. The Boulder City Hospital project is slated for completion in 2014.