Home : Ohio : Hamilton County : Cincinnati : Fred Hargrove, Sr. PE MBA

Name: Fred Hargrove, Sr. PE MBA
Company: Cincinnati Change, Inc.
E-mail: Contact Fred Hargrove, Sr. PE MBA (Cincinnati Change, Inc.)
Website: http://cincinnatichange.com/c4n_100Male_march_05.html
Address: 2439 Aubrub Avenue, Cincinnati, Oh, 45219
Description: Cincinnati Change will create homes in Greater Cincinnati with a focus on developing and or purchasing and remodeling 60% of its homes for low and moderate-income households. All will be smartBuilt.

About Us:

Cincinnati Change will create a mutual fund to develop 20,000 homes in Greater Cincinnati with a focus on developing and or purchasing and remodeling 12,000 homes for low and moderate-income households. This fund will be based on the work that started in Cincinnati with the establishment of a current NYSE fund with over 800 million dollars invested in it.

As a result of the creation of a seven billion dollar mutual fund that holds real estate in southern Ohio will be jobs. The development will take place from the core city and will provide a economic boost to it's founding communities through increased jobs and homeownership.

Among the groups we will focus on building and or remodeling homes for will be families of those children who attend our partners schools, along with homes for those who work, build and teach in them. First responders will get special service under this program and students willing to give public services will become eligible for a home of their own under our proposed program.

All of our housing will be lead free. Cincinnati Change will start a program to create lead free zones in urban communities through this housing program. We will monitor the program from 30 years as part of the wrap around in the mortgages that are part of the CMO's sold to market. We expect that we wills ell our first underwriting in April of 2007 based on property we have already acquired and or will have taken option on by our meeting in March in Washington DC.

Student housing will be among the keys to the regions growth as we change Cincinnati now. Student income will grow of educational infrastructure and align us with the worlds new management workforce. Cincinnati Change through subsidiaries will create student housing for over 5,000 students from foreign countries in the region. Local students will be able to take advantage of the over 5,000 apartments and condo's bought or built for their stay in the region while going to one of our member schools.

Areas of Expertise

The founders and operators of Cincinnati Change are:

A Economist

Experienced Real Estate Developers

Mutual Fund Trustee to over $2B

Chairmen of national NGO's with over 500 member organizations

Member of the board of The National Trust for Historic Preservation

Co-Founder of the National Community Reinvestment Coalition

Facilities manager for National Institutes of Health in Washington DC

Project manager for Bio Safety Labs for US Army

Professional Engineers

Communications Patent Holders

Architects

Construction Managers

General Contractors

Military Veterans

Prior membership as Board Member of the Cincinnati Hamilton Country Community Action Agency

Prior membership as Board Member of the Mt Auburn Good Housing Foundation

Diplomatic Staff Duty

3 have passed the CPA test

2 are Lawyers

4 with Masters of Business Administration

A Doctor of Education

A Doctor of Communications

Lay Speaker in the united Methodist Church

IBEW Union Member

Labor Union Member

CBTU Member

Mission & Background

Mission: CINCINNATI CHANGE encourages economic stability in Hamilton County along with the development of a third frontier creative class information infrastructure that is connected to 20,000 homes through a fiber optic to the edge connection. We have asked for $130M to make this happen through the issuance of 1394 Revenue Bonds.

This fiber optic network would connect to over 300 producers. Each would develop their business under a business process license from Lloyd Daniels Development Group, Inc. through Cincinnati Change, its agent. Each enterprise will capitalize their operations based on the Small Company Offering Registration(SCOR) method of the North American Securities Administrators Association.Through SCOR each Cincinnati Change Agent can offer debt and or equity for up to million dollars. Each enterprise can net up to $780,000 under this process. This money then will be spent on creating a physical infrastructure that supports the business and connects them through the internet to over a billion users around the world at high speeds.

Cincinnati Change will provide jobs through the acquisition and development of businesses, intellectual property and real estate properties through its for profit joint venture lead developer which is to be called Queen City Development Group, LLC.

Cincinnati Change will implement a licensed business process from Lloyd Daniels Development Group,Inc. and a patent license from MDDG LLC which will create citizens who are educated, employed and empowered by developing the following objectives:

Schools - To create a school infrastructure for the 50,000 disenfranchised school students with a focus on youth in Hamilton County needing this service by 2011 through an alliance with already established schools and public & private sector partners in greater Cincinnati.

We will build a science museum to serve the regions over 500,000 young people and kids. This facility will also serve as global tourist attraction as it would hold 50 differing types of global science fairs with it's R & D Partners. The R & D Partners will be developing applications that use the patent rights given to Cincinnati Change through one of its co founders.

Cincinnati Change will promote the creation of the a regional African American History, Arts and Cultural Center that would serve as a classroom to all children in the region as to the struggles and contributions of African Americans to the region along with showcasing the arts and culture of African Americans. We believe that it would be a natural addition to the Banks and serve as a business incubator for African American artists

Businesses - To create a community business development program with the SBA, private sector, non-profit organizations, and government agencies to support over 1,000 small and medium businesses which will employ students who go to and or graduate from our schools with 300 new companies created to be multimedia content producers.

Cincinnati Change is looking to partner with solid management teams that have demonstrated success and possess exceptional business knowledge, an experienced track record within the targeted industry and entrepreneurial spirit who can leverage our patent rights to develop a electronic connectivity infrastructure that will pass by 500 million people around the world. These management teams will create companies that support users on a network that by 2011 will have over 100M users.

Cincinnati Change will establish Queen City Development Capital Group in 2007 through the efforts of Henderson Daniels Consulting Group, LLC which will invest in businesses with the potential for a public offering or strategic sale that have licenses from LDG through its agent Cincinnati Change. Those businesses that have the ability to grow rapidly or offer capabilities that are viewed as strategic by multiple potential acquirers are viewed as the most compelling.

Cincinnati Change will create seven major lines of for profit business through seven new companies will be created that support the goals of Cincinnati Change –

(1) Create a total knowledge management digital and performance rights infrastructure in support of digital educational lessons, audio recordings, video programs, game consoles & computer based games, digital entertainment and other knowledge products that will provide services and content that are exclusive to an investors network as part of the Cincinnati Change plan of action for Global Change;

(2) create a fiber to the edge network for a million sites that is connected through the broadband communications backbone to provide a fault tolerant network emergency support network based on a prototype built in Cincinnati with 100 partner suppliers to 20,000 points of presence built into homes;

(3) create in the region the first 50 4th generation broadcast communications & computing technology training centers development company that support Operation Global Change. These Freedom Technology and Training Centers ( FTTC) will be built from the ground up and or a conversion of established space into local centers with parking for at least 100 cars. Here through over 300 non profit partners we will support the creation of a next generation workforce from the inner city who train on next generation technology built into their homes. Each FTTC would have services that are supported by over 300 channels of content including sources in the United Methodist Church through the Gideons Warriors Ministry for Change;

(4) become a equipment services, sales and support enterprise for technology built into buildings that use Cincinnati Change services. Build these buildings through for poor people with members of the Gideons Warriors Ministry for Change, a Pew Pastor Ministry of Ammons United Methodist Church and students of our 100 Male March Construction Workforce Development Program. Fund the program through the UMC Housing program and use the CRA Qualified Investment Fund as the investment vehicle;

(5) create a operation that is a global mobile virtual network that would use a push to talk system to create over 100,000 resale agents in the 100 markets by 2008 that would duplicate the business model that is to be demonstrated in twenty test markets starting in the second quarter of 2007 with Cincinnati, Ohio through a wireless Wifi Voice over Internet Protocol service. By the end of 2007 we will have 1,000 points of service in buildings we manage;

(6) create Internet ready professional services that support a SmartHOME, as demonstrated in Evandale, Ohio prototype and that are built into 299 other demonstration smartHome projects in the region and supported by a regional high speed communications network, and;

(7) creation in 2008 of a distance learning network built to support 20 million people in the United States built on the network in Cincinnati, Ohio with partners like Christ Hospital where we would supply a whole set of services to their employees on home ownership from selection and design to finance and home operational support services.

Homes - From these businesses employees Cincinnati Change will create 20,000 homes in Greater Cincinnati with a focus on developing 12,000 affordable homes for low and moderate-income households whose children will attend our schools along with homes for those who work, build and teach in them.

Jobs - Cincinnati Change will work with businesses, faith based organizations and non profit organizations along and the Superjobs Center to create over 9,000 jobs in tourism, education, health care, technology, hospitality, entertainment, real estate development and construction through partnerships with businesses and non-profit organizations as part of our focus on workforce development in the African American community which is based on creating an education and Creative Class Third Frontier infrastructure, which serves as primary job generator.

Background: CINCINNATI CHANGE understands the Tri-state is politically fragmented and segregated by race and class. Many poor Cincinnati residents have a high degree of desperation and hopelessness along with the belief that things cannot change. Cincinnati Change was created to “change this perception” by taking action to change Cincinnati NOW on June 19th, 2000 and took its first action at the 2000 Black Family Reunion.

In 2001, the founders of Cincinnati Change submitted a request to the Cincinnati Empowerment Corporation(CEC) at the 2000 Black Family Reunionthat they set out procedures to issue $100M of Tax-exempt enterprise zone facility bonds. The request was updated in 2002 and again in 2003. In 2004, the CEC set the procedures to issue the bonds through the Cincinnati Hamilton County Port Authority.

In 2005, Cincinnati Change assembled a team to meet its organizational objectives through creation of a mutual fund to fund its mission to Change Cincinnati NOW. On June 19th, 2005 Cincinnati Change received its charter from the State of Ohio and stands ready to change Cincinnati NOW.

Cincinnati Change is creating a limited liability company called Queen City Development Group. This company will implement the Cincinnati Change vision as the lead developer.

Cincinnati Change will start community operations uptown on the December 31st at Peoples Corner in Walnut Hills at 0900 as the sponsor of the 100 Male March Uptown from our Mt. Auburn headquarters at 2439 Auburn Avenue on 0830 that Sunday morning.