As a seasoned executive with more than 24-years in Community Development, Kathy oversees the implementation of the Comprehensive Community Revitalization of Houston’s Historic 5th Ward as Pres./CEO of Fifth Ward Community Redevelopment Corporation. She incorporates the vision a diverse 15-member board of directors, the needs of both pioneering and new residents, community stakeholders, and acts as catalyst in fostering the collaborative efforts of an array of community service providers with a primary goal of improving the quality of life in a traditionally underserved community. All of which are achieved thru the organization’s major lines of business -Real Estate Development which includes land assemblage, residential and commercial rehabilitation and construction, property and asset management, financing, relocation, sales, and marketing; Community and Economic Development offering tools and strategies that attract businesses, train job seekers and entrepreneurs, and grow the community financially. Home Ownership Promotion and Housing Preservation services that increase the opportunities for affordable housing to include, case management, repair program, credit & budget counseling, and asset building; Supportive Services which is a unique blend of strategic community planning, organizing, administrator services, and consultancy provided globally to share the replicable community development model established by the organization and designed to help others & help those they serve. Asset Management capitalizes on the development of the organizations and community’s natural or developed resources and projects to avail needed capital to support programming and enhance the quality of life for the benefit of persons living in 5th Ward. And lastly, Resource Development, a balanced strategy of earned income and philanthropic support which includes marketing both the 5th Ward and organization to investors, funders, potential partners, grantors, government and the broader community.
Kathy has successfully attracted in excess of $150 Million in direct investment, responsible for more than 400+new homes, developed 30,000+ sq. ft. of commercial lease space, participated/consulted in 4 Low Income Housing Tax Credit Projects, repurposed the historic Deluxe Theater, developed 2 privately owned community parks, bridged the community’s digital divide in partnership with Hewlett Packard, and currently attracting/facilitating in excess of $80Million of development along Lyons Ave to include the creation of a cultural district with amenities such as schools, health clinic, retail, dining, and housing.
Vice-Chair of NeighborWorks Alliance Texas(2014- Present), Vice- Chair Tax Increment Reinvestment Zone 18 (TIRZ 18 (2010-present), Board Member of Our Mother of Mercy Federal Credit Union (2012-2016), Board Member of the Julia C Hester House (2011-15), Board member of Buffalo Bayou Partnership (2008-12), Chair of the Community Development Association of Greater Houston (2004-08), member of the Urban Land Institute, member Texas Association of CDC’s, member of J.P. Morgan Chase Community Advisory Board, Advisory Task Force Member to City of Houston Consolidated Planning Committee and Housing and Community Development Department, Mayor Annise.
PRES. /CEO, Fifth Ward Community Redevelopment Corporation
4300 Lyons Ave., Suite 300 Houston, TX 77020
713-674-0175 kpayton@fifthwardcrc.org
Parker’s 2010 Transition Team – Housing and Community Development,
Other professional activities include 2013 American Leadership Forum Fellow, 2006 YMCA Minority Achievers Award Recipient, 2000 graduate of Leadership Houston Class XVIII,
Co-Chair and Chair of the Neighborhood Reinvestment Executive Director Symposium for 2003 and 2004 respectively. Vice President of the Houston Homebuyer Education and Counseling Collaborative (HHECC) 1998-2000, Advisory member to the Home of Your Own Coalition (HOYO) 1998-1999, Lead Instructor for Housing Opportunities of Houston 1997-1999, 1999 judge for the Social Compact Award, 1999 judge for the Fannie Mae Foundation Essay Contest “What Homeownership Means to Me”, and 1998 participant in a study by the McAuley Institute regarding women’s issues in Community and Economic Development.