Details - Information last confirmed on April 28, 2021
AAA Academy For Children (a non-profit) needs Investor for a $64,167,360 USD Newark, NJ Community Development Project. There are 4 projects. They are: (1) IDEA Media & Arts Center = $11,540,519, (2) Infant-PreK= $5,929,001, (3)100 Affordable Housing units = $28,682,879 and a (4) Film Project at the IDEA Center = 18,014,961. Four projects total =$64,167,360.
NOTE: $5,900,000 is in place for the film project. Therefore total Investment needed $58,267,360 ($64,167,360-$5,900,000=$58,267,360). Film project at the IDEA MEDIA & ARTS Center has a signed DISTRIBUTION agreement for a minimum of 2000 DOMESTIC Theater Screens.
4 Community Development Projects
IDEA CENTER FOR MEDIA ARTS - IDEA works with professional artist in all genres and hires them to train, mentor and inspire teens to learn how to be creative and resourceful in their daily lives. IDEA teaches art to youth in Music, Dance, Visual Arts, Drama and Media Arts in Sound Engineering, Graphic Design, Video Production, Radio Broadcasting and Mobile App Design. IDEA Hires professional artistic in these fields and media technicians to work with youth. Artist in Residence and Master Artist will be managed by our Artistic Director, and Program Director.
INFANT-PreK - Our Infant-Prek Child Development Center will be led by two Child Development industry veterans, a TBD Director and TBD Executive Director. The skill set will include sales, marketing, and management background within the industry, having spent years of services in Child Development Center. RJY is an exciting opportunity that provides safe and secure Child Development to the Newark New Jersey City and surrounding Essex County areas.
100 AFFORDABLE HOUSING UNITS - The Newark Rental Market Is Huge An estimated two thirds of residents are renters, though some estimates put this as high as 80 percent. Newark is dominated by older buildings, so roughly half of these renters live in small apartment buildings with two to four units. If you do have to pay taxes because you commute, New Jersey lets you count that as a dollar for dollar credit against your (lower) New Jersey tax bill. This dramatically increases the number of renters in the Newark housing market.
The writer and his executives will serve as the principal production team members throughout pre-production, principal photography, and post-production phases of independently produced films. Director and cinematography candidates include award winning filmmakers such as Debbie Allen, Oz Scott, F. Gary Gray, Ernest Dickerson, Satie Gossett (son of Lou Gossett, Jr.), Queen Latifah, Regina King, Dawn Lewis, Thomas Carter, and Kevin Hooks. An already signed distribution arrangement is providing a minimum of 2,000 screens per release. We project the combined box office and ancillary revenue of 3 films could generate up to $235,850,000.
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