Fairfax Renaissance Development Corporation
Fairfax Renaissance Development Corporation is a Cleveland-based nonprofit community development corporation that revitalizes the Fairfax neighborhood through housing development, workforce and economic development, lead-hazard remediation, health programs, and youth mentoring, in partnership with Cleveland Clinic, CWRU, University Hospitals, CMHA, and Judson.
- Company typePrivate
- Founded1992
- HeadquartersCleveland, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Fairfax Renaissance Development Corporation does
Fairfax Renaissance Development Corporation (FRDC) is a nonprofit community development corporation founded in 1992 and headquartered in Cleveland, Ohio, focused on the revitalization of the Fairfax neighborhood. Its work spans housing development and rehabilitation, workforce and economic development, lead-hazard remediation, health initiatives, and youth mentoring. Core programs include Greater Circle Living (a housing-stabilization and homeownership platform co-founded with Cleveland Clinic, Case Western Reserve University, University Hospitals, and Judson), Griot Village (a mixed-income housing partnership with the Cleveland Metropolitan Housing Authority), Innovation Square (a mixed-use neighborhood redevelopment initiative), the Lead Safe Home Program (for which FRDC serves as the Lead Safe Home Fund Administrator), and tech and workforce training pathways serving Cleveland, Greater Cleveland, and East Cleveland. The organization's business model is that of a 501(c)(3) community development corporation: it is funded primarily through foundation grants (including a $1M Yield Giving award in 2024), government contracts and program-administered funds (e.g., Lead Safe Home), institutional contributions from anchor partners, and developer fees or equity participation on real estate projects such as Innovation Square and Griot Village. FRDC does not sell a product to a paying customer base; instead, it contracts with funders and institutional partners and delivers place-based outcomes for neighborhood residents and institutional employers seeking proximate workforce and housing.
Fairfax Renaissance Development Corporation firmographics
Firmographics- Name
- Fairfax Renaissance Development Corporation
- Legal name
- Fairfax Renaissance Development Corporation
- Website
- https://fairfaxrenaissance.org
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fairfax Renaissance Development Corporation is a Cleveland-based nonprofit community development corporation that revitalizes the Fairfax neighborhood through housing development, workforce and economic development, lead-hazard remediation, health programs, and youth mentoring, in partnership with Cleveland Clinic, CWRU, University Hospitals, CMHA, and Judson.
- Ownership category
- akta.pro rank
Fairfax Renaissance Development Corporation industry classification
Industry- Product category
- Community Development Services
- NAICS
- Civic and Social Organizations (81341), Grantmaking and Giving Services (81321), Social Advocacy Organizations (8133)
- SIC
- Services-Social Services (8300), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industries
- Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives) (BPAIANAE), STEM, Digital Literacy & Maker Education Nonprofits (BPAGADAG), Community Arts, Culture & Creative Placemaking Enterprises (BPAGALAO)
Keywords
Where Fairfax Renaissance Development Corporation is headquartered
LocationHeadquarters
- HQ city
- Cleveland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Fairfax Renaissance Development Corporation business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Others
Revenue model
- Nonprofit Community Development Funding: FRDC operates as a nonprofit community development corporation funded through grants, donations, and program revenues. Major funding sources include partnerships with foundations (Cleveland Foundation, Deaconess Foundation, Westfield Insurance Foundation), government grants, and corporate partnerships.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Fairfax Renaissance Development Corporation product offering
Product offeringCore offering
Fairfax Renaissance Development Corporation is a nonprofit community development corporation that produces and rehabilitates affordable and market-rate housing, runs workforce development and digital literacy training, administers lead hazard repair grants, and convenes partners to deliver health, youth, and economic development services in Cleveland's Fairfax neighborhood. Its portfolio includes standalone programs such as Greater Circle Living, the Fairfax Workforce Development Program, the Fairfax Neighborhood Technology Center, the Lead Safe Home Program, the Cleveland Clinic Community Health and Education Center, the PNC Fairfax Connection, and major development initiatives including Innovation Square, New Economy Neighborhood, Griot Village, and the Model Blocks Program.
Product overview
Fairfax Renaissance Development Corporation (FRDC) is a nonprofit community development organization offering a portfolio of housing, workforce development, technology training, health, and community-building programs. The organization's offerings include: Greater Circle Living employer-assisted housing program; affordable housing developments such as Griot Village (intergenerational families) and Renaissance at Fairfax Park (seniors); workforce development and technology training services; health services through the Cleveland Clinic Community Health and Education Center; and community resources including PNC Fairfax Connection, parks, gardens, and youth programs. Major development initiatives include Innovation Square (mixed-income housing and commercial development), New Economy Neighborhood (technology research district), and Model Blocks Program. FRDC does not offer a unified software product but rather provides community development services and programs.
Differentiator
Problem solved
Functional benefit
Brands
- Greater Circle Living: An employer-assisted housing program created to encourage eligible employees of Greater University Circle institutions to live near work. Started in 2008 as part of the larger Greater University Circle Initiative launched by the Cleveland Foundation in 2005.
Products and services
- Greater Circle Living (GCL) Employer-assisted housing program that offers financial assistance, homebuyer education, and application support to encourage eligible employees of qualified Greater University Circle institutions to purchase, rent, or repair homes in the Greater University Circle area.
- Renaissance at Fairfax Park 54-unit multi-family housing project for seniors age 55 and older, featuring two-bedroom apartments located next to the Fairfax Recreation Center on Central Avenue.
- Fairfax Workforce Development Program Workforce program providing targeted job access, comprehensive training, and supportive services to combat unemployment and underemployment among low-to-moderate-income urban residents in Greater Cleveland, partnering with employers, community development organizations, and workforce providers.
- Fairfax Neighborhood Technology Center Free computer training program with five-week sessions covering Introduction to Computers, Microsoft Office Suite, Internet/Email, Smartphones, Online Shopping, and African American Studies, plus workforce readiness assistance including resume formatting, cover letters, and online job applications.
- Lead Safe Home Program In partnership with the Lead Safe Cleveland Coalition, FRDC serves as the official Lead Safe Home Fund Administrator for properties in Cleveland's Fairfax neighborhood, providing grant funding for lead hazard repairs and remediation and supporting property owners through the Lead Safe Certification process.
- Cleveland Clinic Community Health and Education Center (CCCHEC) Community health and education center launched in 2009 in the Langston Hughes Center, offering health screenings, physicals, health education, prevention services, exercise classes, and outpatient care including primary care, mammography, and behavioral health services.
- PNC Fairfax Connection Community resource center created in collaboration with PNC, offering programs and online resources for residents and business owners connecting them to services throughout greater Cleveland while celebrating the community's history.
- Innovation Square Strategic investment development project targeting real estate development in the Fairfax neighborhood, bringing employment, cultural opportunities, housing opportunities, and small business development through mixed-income multifamily units, single-family homes, and rental townhomes including the Aura at Innovation Square and Knez Homes.
- New Economy Neighborhood (NEN) Mixed-use technology research district adjacent to the Opportunity Corridor, envisioned as a center for innovation and technology incubation with high-performance office space and ground-floor commercial areas, supported by RTA rail station investments.
- Griot Village Affordable intergenerational housing community for persons 55 and older with legal custody of minor children, the first project in Ohio to address this housing need, featuring two, three, and four-bedroom townhomes with a community center, developed in partnership with CMHA.
- Model Blocks Program Strategic rehabilitation initiative providing free exterior repairs to owner-occupied low-income homes in targeted Fairfax areas, covering minor carpentry, painting, gutter repair, landscaping, porch repair, yard lights, and minor roof repair.
- Code Enforcement Community code enforcement program that works with the City of Cleveland Department of Building and Housing to identify areas requiring code enforcement and alleviate unsafe and unsightly conditions throughout the neighborhood.
- Neighborhood Parks and Recreational Center Neighborhood parks and recreational facilities including Quincy Park (completed in 2006 with a history wall and summer movie nights) and Quincy Gardens community garden.
- Lunch Buddies at Bolton Elementary School Youth mentoring and support program pairing adult volunteers (ages 18+) with 3rd through 5th grade students at Bolton Elementary School during lunch hour for friendship, support, and positive role modeling through games, conversation, and recreational activities.
- Homework Help Program at Griot Village After-school academic support program offered Monday through Thursday from 3:30pm to 4:45pm at Griot Village, providing positive mentoring through homework assistance and developing students' academic and social skills.
Quantifiable outcome
- Over 1,098 housing units produced or rehabilitated since 1996 (348 single family + 100 multi-family + 650 rehabilitated)
Companies that use Fairfax Renaissance Development Corporation
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles2 records
Fairfax Renaissance Development Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Fairfax Renaissance Development Corporation partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered flagship and core.
- Case Western Reserve UniversityflagshipCase Western Reserve University is a founding partner of Greater Circle Living, an employer-assisted housing program encouraging employees to live near work in Greater University Circle.
- Cleveland ClinicflagshipCleveland Clinic is a founding partner of Greater Circle Living and partnered with FRDC to launch the Community Health and Education Center in 2009.
- University HospitalsflagshipUniversity Hospitals is a founding partner of Greater Circle Living, an employer-assisted housing program serving Greater University Circle area employees.
- Judson Retirement CommunityflagshipJudson Retirement Community is a founding partner of Greater Circle Living, an employer-assisted housing program for Greater University Circle institutions.
- The Cleveland FoundationflagshipThe Cleveland Foundation launched the Greater University Circle Initiative (GUCI) in 2005 and partners with FRDC on Greater Circle Living, an employer-assisted housing program.
- Lead Safe Cleveland CoalitioncoreFRDC partners with the Lead Safe Cleveland Coalition as the official Lead Safe Home Fund Administrator for properties in Cleveland's Fairfax neighborhood, providing grant funding for lead hazard repairs and remediation.
- Cuyahoga Metropolitan Housing Authority (CMHA)coreCMHA is a partner in the Griot Village affordable housing project, which provides intergenerational housing for persons 55 and older with legal custody of minor children.
- PNCcorePNC collaborated with the Fairfax community to create the PNC Fairfax Connection resource center, offering programs and online resources for residents and business owners.
- City of ClevelandcoreCity of Cleveland provides support for FRDC's Workforce Development Program and works with FRDC on economic development initiatives and code enforcement.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Fairfax Renaissance Development Corporation competitors and assessment
Company assessmentDirect peers
- Cleveland Neighborhood Progress: Cleveland-based community development intermediary that funds and supports neighborhood-based CDCs across the city, including Fairfax. Closest direct peer given shared geography, mission, and funding ecosystem.
- Burten, Bell, Carr Development Corporation: Cleveland CDC focused on the Central, Kinsman, and Buckeye-Shaker neighborhoods. Direct peer in nonprofit community development, housing production, and workforce programming within the same city.
- University Circle Inc. Cleveland-based district management organization serving the University Circle area adjacent to Fairfax. Direct peer in connecting anchor institutions to surrounding neighborhoods through housing, workforce, and community programs.
- Cuyahoga Land Bank: Cuyahoga County public authority focused on returning vacant and abandoned properties to productive use. Direct peer in property acquisition, rehabilitation, and neighborhood stabilization in Cleveland.
- MidTown Cleveland Inc. Cleveland nonprofit focused on the MidTown corridor between downtown and University Circle. Direct peer in transit-oriented mixed-use development, employer-assisted housing, and economic development strategy.
- St. Luke's Foundation: Cleveland-based community foundation funding health, housing, and economic development in Cuyahoga County. Comparable as a Cleveland-focused impact organization serving overlapping neighborhoods and populations.
- Habitat for Humanity of Greater Cleveland: Cleveland affiliate of Habitat for Humanity focused on affordable homeownership and home rehabilitation. Direct peer in single-family housing production, rehab, and low-income homebuyer services in the same metro.
Broad incumbents
- Local Initiatives Support Corporation (LISC): National nonprofit CDFI that funds and supports local CDCs including in Cleveland. Comparable in mission and program mix (housing, workforce, health, safety) but operates at a much larger scale across the country.
- Enterprise Community Partners: National affordable housing and community development nonprofit. Comparable in housing development, community revitalization, and partnership-driven model, with much broader geographic scope and capital base.
- NeighborWorks America: National network of more than 250 housing-counseling and community development nonprofits. Broad incumbent peer operating a similar neighborhood-based community development model across the U.S.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Fairfax Renaissance Development Corporation social profiles
Digital presenceFairfax Renaissance Development Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fairfax Renaissance Development Corporation leadership team
Management profileNumber of profiles
Profiles4 records
Fairfax Renaissance Development Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fairfax Renaissance Development Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fairfax Renaissance Development Corporation
What does Fairfax Renaissance Development Corporation do?
Fairfax Renaissance Development Corporation is a nonprofit community development corporation that produces and rehabilitates affordable and market-rate housing, runs workforce development and digital literacy training, administers lead hazard repair grants, and convenes partners to deliver health, youth, and economic development services in Cleveland's Fairfax neighborhood. Its portfolio includes standalone programs such as Greater Circle Living, the Fairfax Workforce Development Program, the Fairfax Neighborhood Technology Center, the Lead Safe Home Program, the Cleveland Clinic Community Health and Education Center, the PNC Fairfax Connection, and major development initiatives including Innovation Square, New Economy Neighborhood, Griot Village, and the Model Blocks Program.
Is Fairfax Renaissance Development Corporation a public or private company?
Fairfax Renaissance Development Corporation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Fairfax Renaissance Development Corporation founded?
Fairfax Renaissance Development Corporation was founded in 1992. It employs 11 to 50 people.
Where is Fairfax Renaissance Development Corporation based?
Fairfax Renaissance Development Corporation is headquartered in Cleveland, United States, in the North America region.
How does Fairfax Renaissance Development Corporation make money?
One revenue line is on record: nonprofit Community Development Funding.
Who are Fairfax Renaissance Development Corporation's main competitors?
Direct peers on record are Cleveland Neighborhood Progress, Burten, Bell, Carr Development Corporation, University Circle Inc., Cuyahoga Land Bank, MidTown Cleveland Inc., St. Luke's Foundation and Habitat for Humanity of Greater Cleveland. Broad incumbents are Local Initiatives Support Corporation (LISC), Enterprise Community Partners and NeighborWorks America.
Does Fairfax Renaissance Development Corporation have an API?
No public API is recorded for Fairfax Renaissance Development Corporation.
What industry is Fairfax Renaissance Development Corporation in?
Fairfax Renaissance Development Corporation's product category is Community Development Services. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of BPAIANAE, Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives). Its NAICS code is 81341 and its SIC code is 8300.