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Fairfax Renaissance Development Corporation

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uuid0028yr7

Namestring
Fairfax Renaissance Development Corporation
Legal namestring
Fairfax Renaissance Development Corporation
Company typeenum
Private
Founded yearint
1992
Descriptiontext

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.

Short descriptiontext

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.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersCleveland, United States
HQ citystring
Cleveland
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
community development services, affordable housing programs, workforce development training, lead hazard remediation, neighborhood revitalization
Industry4 codes
1Affordable Housing & Community Development (Housing, Community Land Trusts)
CodeBPAGALACPrimaryYes
2Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives)
CodeBPAIANAEPrimaryNo
3STEM, Digital Literacy & Maker Education Nonprofits
CodeBPAGADAGPrimaryNo
4Community Arts, Culture & Creative Placemaking Enterprises
CodeBPAGALAOPrimaryNo
NAICS code3 codes
  • Civic and Social Organizations81341
  • Grantmaking and Giving Services81321
  • Social Advocacy Organizations8133
SIC code2 codes
  • Services-Social Services8300
  • Land Subdividers & Developers (No Cemeteries)6552
Product category
Community Development Services
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Nonprofit Community Development Funding
TypeAffiliate Referral
Description

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.

fairfaxrenaissance.org
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Infrastructure, Others
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 record
1Greater Circle Living
Description

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.

fairfaxrenaissance.org
Core offering1 text field

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.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Over 1,098 housing units produced or rehabilitated since 1996 (348 single family + 100 multi-family + 650 rehabilitated)
Product overview1 text field

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.

Product and service15 records
1Greater Circle Living (GCL)
CategoryHousing Program
Description

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.

2Renaissance at Fairfax Park
CategoryHousing Program
Description

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.

3Fairfax Workforce Development Program
CategoryWorkforce Program
Description

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.

4Fairfax Neighborhood Technology Center
CategoryEducation and Training Program
Description

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.

5Lead Safe Home Program
CategoryHousing Program
Description

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.

6Cleveland Clinic Community Health and Education Center (CCCHEC)
CategoryHealth and Wellness Program
Description

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.

7PNC Fairfax Connection
CategoryCommunity Resource Center
Description

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.

8Innovation Square
CategoryDevelopment Initiative
Description

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.

9New Economy Neighborhood (NEN)
CategoryDevelopment Initiative
Description

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.

10Griot Village
CategoryDevelopment Initiative / Housing
Description

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.

11Model Blocks Program
CategoryDevelopment Initiative
Description

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.

12Code Enforcement
CategoryCommunity Service
Description

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.

13Neighborhood Parks and Recreational Center
CategoryParks and Recreation
Description

Neighborhood parks and recreational facilities including Quincy Park (completed in 2006 with a history wall and summer movie nights) and Quincy Gardens community garden.

14Lunch Buddies at Bolton Elementary School
CategoryYouth Program
Description

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.

15Homework Help Program at Griot Village
CategoryYouth Education Program
Description

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.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2008-01-01
Description

Case 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.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2008-01-01
Description

Cleveland Clinic is a founding partner of Greater Circle Living and partnered with FRDC to launch the Community Health and Education Center in 2009.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2008-01-01
Description

University Hospitals is a founding partner of Greater Circle Living, an employer-assisted housing program serving Greater University Circle area employees.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2008-01-01
Description

Judson Retirement Community is a founding partner of Greater Circle Living, an employer-assisted housing program for Greater University Circle institutions.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2005-01-01
Description

The Cleveland Foundation launched the Greater University Circle Initiative (GUCI) in 2005 and partners with FRDC on Greater Circle Living, an employer-assisted housing program.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

FRDC 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.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

CMHA 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.

Strategic tierCoreTypeGTM or Marketing Partner
Description

PNC collaborated with the Fairfax community to create the PNC Fairfax Connection resource center, offering programs and online resources for residents and business owners.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

City of Cleveland provides support for FRDC's Workforce Development Program and works with FRDC on economic development initiatives and code enforcement.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeBroad incumbent
Description

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.

TypeBroad incumbent
Description

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.

TypeBroad incumbent
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Fairfax Renaissance Development Corporation

Community Development Servicesfairfaxrenaissance.org

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.

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

  • Community development services
  • Affordable housing programs
  • Workforce development training
  • Lead hazard remediation
  • Neighborhood revitalization

Where Fairfax Renaissance Development Corporation is headquartered

Location

Headquarters

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

  1. 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 offering

Core 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 profile

Named customers5 records

Segments5 records

Ideal customer profiles2 records

Fairfax Renaissance Development Corporation technology and API

Technology

Technology 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 signal

Partnerships

Nine partnerships are on record, tiered flagship and core.

  • Case Western Reserve UniversityflagshipStrategic or Co-development Partner · 1 January 2008Case 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 ClinicflagshipStrategic or Co-development Partner · 1 January 2008Cleveland Clinic is a founding partner of Greater Circle Living and partnered with FRDC to launch the Community Health and Education Center in 2009.
  • University HospitalsflagshipStrategic or Co-development Partner · 1 January 2008University Hospitals is a founding partner of Greater Circle Living, an employer-assisted housing program serving Greater University Circle area employees.
  • Judson Retirement CommunityflagshipStrategic or Co-development Partner · 1 January 2008Judson Retirement Community is a founding partner of Greater Circle Living, an employer-assisted housing program for Greater University Circle institutions.
  • The Cleveland FoundationflagshipStrategic or Co-development Partner · 1 January 2005The 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 CoalitioncoreStrategic or Co-development PartnerFRDC 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)coreStrategic or Co-development PartnerCMHA 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.
  • PNCcoreGTM or Marketing PartnerPNC 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 ClevelandcoreStrategic or Co-development PartnerCity 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 assessment

Direct 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 presence

Fairfax Renaissance Development Corporation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Fairfax Renaissance Development Corporation leadership team

Management profile

Number of profiles

Profiles4 records

Fairfax Renaissance Development Corporation funding detail

Funding detail

Funding 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 investment

M&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.

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