Community Impact
A Force-Multiplier for Public Policy
Seraphim Inc. is more than a real estate developer; we are a strategic partner in urban revitalization. Our model is designed to be a force-multiplier for public policy, aligning private-sector efficiency with public-sector goals to create a scalable and sustainable impact on the community. We build systems that provide a compounding return on investment for all stakeholders.
Alignment with Springfield's Strategic Goals
Our work is fundamentally aligned with key municipal and state-level initiatives. By acquiring and rehabilitating dilapidated properties, we directly support the objectives of programs like BUILD Springfield and the City's Office of Planning and Economic Development (OPED). Our projects are ideal candidates for leveraging Community Development Block Grant (CDBG) funds to transform blighted properties into valuable community assets, increasing the tax base and stabilizing neighborhoods from the ground up.
Our Commitment to Measurable Impact
Transparency and accountability are core to our model. As our work progresses, we are committed to rigorously measuring our impact across three key domains. These are the metrics we believe define a successful community revitalization project:
- Economic Impact
Metrics we track include: Increase in property tax revenue, local contractor hours employed, creation of affordable homeownership opportunities, and wealth generation for new homeowners. - Ecological Impact
Metrics we track include: Tons of construction & demolition waste diverted from landfills, reduction in a home's embodied carbon, and projected annual energy savings (kWh) for the homeowner. - Community Impact
Metrics we track include: Reduction of blight on a block-by-block basis, partnerships with local non-profits, and the number of families provided with stable housing.
A Replicable Model for Revitalization
The Seraphim Model is not an isolated project; it is a replicable system. The principles of synergistic assessment, sustainable rehabilitation, and collaborative homeownership pathways can be adapted to other neighborhoods and other cities facing similar challenges. We are actively seeking partnerships with foundations, academic institutions, and municipalities interested in exploring how this model can be scaled to create a broader impact.
