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Tony R. McCray, Jr.
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The IBIS Community Development Corporation plays a vital role in the IBIS Fourth Sector structure, as community development is the central theme to our organization. The IBIS CDC is a community based demonstration of
the IBIS Social Venture’s commitment to provide an alternative response to the structural inequality and socio-economic challenges faced in many communities. The IBIS CDC is the marriage of private capital, philanthropic giving and the assistance of federal, state and local governmental agencies all working in concert for the public good. Through this public/private partnership structure no project is too large, no project is too complicated, and all truly worthy community projects will be achieved and benefits will inure to the community. The IBIS Community Development Corporation is not a typical CDC. We have national reach through our collaboration with many of the more than 4,600 other CDC’s located in all 50 states. We operate as a voice to highlight issues and a vehicle to build strong partnerships, formulate and execute strategies through our REAP Summit Series. As a result of these efforts, we have established the Gulf Coast Equity Coalition Fund, a regional special purpose vehicle set up to aid Gulf Coast residents and businesses recover from the past hurricanes and the BP oil spill. A current example of our collaboration with other CDC’s is the $52 million Community Maritime Park project located in Pensacola, Florida. Tony R. McCray, Jr., the Executive Director of the IBIS CDC is the Equal Business Opportunity (EBO) Program Manager for the project. Mr. McCray has also worked very closely with the Escambia-Pensacola Human Relations Commission (EPHRC) and this contract award represents a major achievement for all of our REAP Summit collaborative partners as Maritime Park has always been viewed as a catalyst for significant economic impact in Pensacola's minority community. Additionally, it positions Pensacola as a research model for assessing the social and economic impact of an economic inclusion initiative in the Gulf Coast region. |