VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC

Programs

1. Real estate development - as a community development corporation, vietaid's primary goal is to develop affordable housing to support stabilizing the working class core of dorchester. One way we have worked to achieve this goal is by building affordable housing developments and deed restricting them in perpetuity to create stability among housing offerings in the community. Vietaid has developed five significant, mixed-use affordable housing projects, all of which are located within a half-mile radius of public transportation in dorchester. Vietaid has hired trinity management, llc, a company that specializes in managing affordable housing in an urban setting, to manage our portfolio of 123 affordable rental units that provide affordable and quality housing to over 123 families and individuals. We help applicants navigate low-income housing tax credits (lihtc) and the massachusetts rental voucher programs (mvrp).as a massachusetts homeownership collaborative approved counseling agency, vietaid supports families through the process of renting a home or acquiring affordable housing, including understanding tenant and landlord's rights and responsibilities and navigating the contract…

   $698,036 spent$1,015,571 earned by the program
   34% of program spending

2. Community organizing and support - vietaid participates in and hosts a number of events throughout the year, recognizing that the celebration of a variety of occasions are key to building a sense of unity and belonging within the community. Some of these include: tet, the vietnamese lunar new year; dorchester day parade; and many more. In addition to vietaid led events, we also collaborate with a wide range of community organizations and partners to help broaden our reach in engagement. We participate through various means such as being part of other hosted events or community meetings. Some of these include: a tet talk at the museum of fine arts; love your block (a city-wide clean-up initiative); and more.beyond cultural celebrations and community service, vietaid is committed to promoting social justice and advocating for and with community members on a number of issues. Over the years, our organization has led canvassing efforts for increased civic engagement, engaged in actions against displacement, and supported many other movements that impact our community.older adult program: in 2018, vietaid took over a drop in day program for older adults in the dorchester neighborhood.…

   $465,079 spent
   23% of program spending

3. Early education - founded in 2005, au co preschool is the first and only vietnamese bilingual and bicultural preschool program in massachusetts. Au co is a massachusetts department of early education and care certified program. Most children are supported with tuition support from the government or our scholarship program. Run by seven, experienced bilingual and bicultural daycare providers, au co prepares our students to enroll in kindergarten in the boston public schools with an approach to education that supports physical, social, emotional, and cognitive development. Spanish and portuguese language support also available. Our classrooms have a student: teacher ratio of 8:1.

   $781,346 spent$11,242 earned by the program
   39% of program spending

4. Vietnamese community center llc - in 2001, vietnamese residents in dorchester decided to build a center at the heart of the vietnamese community in massachusetts. The center would be a brand new complex with a non-profit tenant group providing a comprehensive mix of services to meet the needs of vietnamese refugees and immigrants. The vietnamese american community center (vacc) was a major community project coordinated by vietaid staff and a 28 member community center steering committee. This committee involved 100 additional volunteers, who successfully raised more than $140,000 from over 1,000 individuals and businesses for the project. The organizing committee ultimately raised $5.1 million from grassroots, major corporate and foundation supporters, and government agencies to fund the construction project in its entirety. The center's planning process built leadership within the vietnamese community by engaging vietnamese-speaking residents to identify issues and needs, mobilizing other residents' support, and assisting vietaid to incorporate the community's input in the center's development phases. To this day, the community center remains a safe and welcoming space where…

   $84,526 spent$80,675 earned by the program
   4% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $2,028,987.