Purpose Built Communities Works to Replicate the East Lake Model
As word of East Lake’s success spread, other philanthropic civic leaders expressed interest. Purpose Built Communities was established in 2009 to replicate the East Lake model in other urban areas of concentrated poverty around the nation. Billionaire investor Warren Buffett and former hedge fund manager Julian Robertson joined Mr. Cousins in backing the organization. Purpose Built Communities is now involved with numerous similar initiatives across the country, providing a blueprint for breaking the cycle of intergenerational poverty and building brighter futures.
Former Atlanta Mayor Shirley Franklin joined the team in 2010 and serves as Executive Board Chair. Today, Purpose Built Communities is helping to make a positive impact in some of this country’s most challenging neighborhoods. We are working with our Network Members to lead comprehensive redevelopment initiatives in more than a dozen communities across the country, and exploring initiatives in more than 20 additional communities.
Our model is a three-pronged approach to change with high quality mixed-income housing; a cradle-to-college education pipeline; and community wellness programs, all guided by a Community Quarterback leadership group. Together, they create our holistic approach to community revitalization. Learn more about our model and approach.