OPPORTUNITY ALMOST LOST
By Larry
Martin
In October
of 2008, I was contacted by the State Office for Women and Minority Business
Assistance (SOWMBA), which we discussed in our last article, and MassHousing,
the state’s affordable housing bank that provides financing to for-profit and
non-profit developers and property management companies. The majority of
apartment and housing complexes located in the greater Springfield area are
financed through MassHousing. MassHousing provides many other services, but for
this article, I will focus on the property management financing.
Both organizations wanted my help in
recruiting women and minority business owners who could provide services to
property managers, such as the construction trades, pest control, and office
supplies, to participate as vendors in a MassHousing Western MA trade fair.
These companies did not have to be SOWMBA certified in order to participate in
this opportunity to market their services and products to the regional property
managers who would attend. MassHousing has a goal of 14% (minimum) for
contracting bids awarded to minority or women-owned businesses for the property
managers whom they finance.
I was intrigued by the fact that the last
fair of this type was held more than 15 years ago, was poorly attended, and no
other fairs have been held here since that time. Meanwhile, these fairs have
been held every year for the past 15 years in Boston! This also raised the ire
of Khali Maddox-Abdegeo, a Springfield publisher, who was the driving force in
having this fair brought back to Western MA. So I agreed to help since this
would be a great opportunity for our local contractors to gain more visibility
and, hopefully, receive some project opportunities. Besides, how difficult
would it be to recruit 30 or 40 contractors for this free marketing opportunity
to have all the property managers come to them instead of chasing leads? And,
MassHousing also provided dinner as well!
As it turns out, it was more difficult
than I imagined. Although MassHousing sent out waves of mailings to local
business owners, they did not want to take the grassroots approach to marketing
that I recommended, so a small group of us from the One-Stop Career Centers,
EDC, New England Black Chamber of Commerce, MA Latino Chamber of Commerce,
Elizabeth Cardona of the Governor’s Western MA Office, and Trevis Wray and Tony
Taylor, both professionals from Springfield, did our best to spread the word to
the Holyoke and Springfield communities with no budget and a 3-week
registration period. Responses were few and time was running out. Note: If
they had taken out an advertisement in this newspaper in September and October,
there would have been no problems!
Flash forward to the day of the fair and
MassHousing was very pleased with the turnout of contractors representing
Western MA and they are excited about convening a 2009 event. Over forty
contractors participated and there was a steady stream of attendees receiving
information -- from bathroom renovations to tax services. MassHousing
proclaimed the fair an overwhelming success! But was it? I estimated that only
25% of the businesses were actually from Hampden County; the rest were from the
region between Worcester to Newton. I do not remember seeing any electricians,
plumbers, carpenters, or landscapers from this area. We can do better; we must
do better to keep this fair an annual event.
I applaud the effort that the MassHousing
Department of Compliance and Diversity put forth in bringing this fair back to
Hampden County; now we need to keep it here.
(Maybe this year they will take your advice and run ads in the Point of View. The Publisher) n