Somerville Community Corporation
337 Somerville Ave., 2nd floor
Somerville, MA 02143
Lead in Asset Development:
Thais DeMarco, Program Coordinator-Community Asset Building
Somerville Community Corporation (SCC) is a membership organization that provides leadership for sustaining the City of Somerville as a vibrant, diverse and tolerant community. We offer services and lead community organizing that supports low- and moderate-income Somerville residents in their efforts to achieve economic sustainability and increase civic participation.
SCC has determined that preserving and enhancing the remaining economic, racial, and ethnic diversity of our population is the overarching priority that drives our work today. This decision was made after witnessing the substantial displacement of low-income and working families from the western half of Somerville since the 1980s.
SCC has adopted a three-pronged approach to creating and preserving diversity and housing affordability in Somerville:
- Develop and preserve as many affordable units as we can, thereby taking those units off the speculative real estate market.
- Organize the community to promote policies (such as inclusionary housing, linkage, and the preservation of expiring use housing) that enhance the regulatory and funding environment for affordable housing.
- Create access to opportunities for our constituents through financial education, counseling and asset-building programs in an effort to help families and individuals "compete" for housing in Somerville.
Work in Asset Development:
SCC's SAFE (Somerville for Access to Financial Education) program seeks to provide Somerville residents - recent immigrants and US-born individuals alike - with the necessary knowledge and tools to navigate their financial lives effectively and successfully. While the topics covered are vital to the economic well-being of all people, they are of most importance to low-income individuals and families, who are more vulnerable to economic instability. Their wide array of financial education options covers multiple topics, and workshops and series are custom-tailored to fit the needs of each specific group. Individual Development Accounts and Homebuyer Education Seminars are also offered as part of SCC’s SAFE program.