| Field | Details |
|---|---|
| Grant Program Name | Homewood Housing Circle: Community Renewal & Affordable Housing Platform |
| Application ID | APP-FOPJBCV2-WZ3JEQ |
| Application URL | https://app.karmahq.xyz/localism-fund/browse-applications/APP-FOPJBCV2-WZ3JEQ |
| Primary Contact | Jomari Peterson - System Architect |
| Organization | https://hcvpgh.org/ |
| Submission Date | October 28, 2025 2:02 PM (MDT) |
| Round / Review Cycle | Round 01 – Cycle 1 |
| Total Score | 10.27 / 16 |
| Local Co-Funding Raised | $10,000 |
| Estimated Disbursement | $11,200 |
| Application Status | Preliminary Approval |
| Operator Contact | Patricia ([email protected] / @patriciaparkinson on Telegram) |
| Evaluation Check | Status |
|---|---|
| Application Completed Sufficiently | ☑ Yes |
| Meets Program Criteria | ☑ Yes |
| Meets Round Criteria | ☑ Yes |
| Local Program Proceeding / Matching Funds Confirmed | ☐ Unconfirmed |
| Overall Readiness | Require confirmation of co-funding — send wallet address to operator. |
→ Total Average Score: 10.27 / 16
| Evaluation Category | Avg Score (out of 4) | Reviewer Comments |
|---|---|---|
| 1️⃣ Program Scope & Strategic Alignment | 2.2 | *“Overall the program is aligned with the mission of localism fund. However, I am currently less sure on the strategic fit for the wider ethereum ecosystem and if this specific program might lead to a net negative TVF for Ethereum (e.g. funds will be off-ramped off-chain when distributed). But if it servers as a case study to bring further programs and funding onchain then this might not matter. Previous Fundraising Experience is impressive and potential for onboarding into ethereum could be strong but is unclear how likely this would be.” |
”unclear alignment with any of the “What Kinds of Projects Might You Fund?”
”The proposal is aligned with the program but my biggest concern is ethereum alignment and use of onchain tools. Strong track record of local community impact.”* | | 2️⃣ Local Co-Funding & Financial Sustainability | 2.83 | *“$10k raised and additional fundraising in progress. Strong track record of raising funding in the past.”
”strong commitments secured”
”$10k in confirmed commitments from HCV community donors - nice another $10k in soft commitments from local partners - potentially good but not yet confirmed. Who are the local partners? How have they signaled this soft commit? Is there anything blocking it?”* | | 3️⃣ Round Operations, Mechanisms & Impact Framework | 2.2 | *“Unclear what onchain tooling will be used outside of the use of stablecoins. They noted a willingness to try onchain tooling as a part of the round. they will likely require strong mentorship to facilitate this. “
”lack of detail on mechanism design and alignment with Ethereum proliferation”
”Overall the options section is sparse of details. It is likely that signifcant effort from expert network will be needed to support in onboarding to the web3 tools for the completion of this round. “permissioned community voting” - how? ”A custom or simplified local application portal.” - how? ”Funds will be distributed using via stablecoins as much as possible.” - as much as possible? Where would this not be possible? It is a core requirement for our program for funds to be distributed onchain.”* | | 4️⃣ Team Capacity & Community Anchoring | 3.2 | *“The team appears strong and has a track record of success in their local community.”
”Seems a valuable and much needed project. Unclear alignment with Ethereum and program vision.”
”Team looks strong with awesome past experience and credibility. Jomari Peterson seems to bring “experience in decentralized governance and Web3-based coordination tools” - but would have hoped he could have already provided more clairty in the ‘Planned Round Mechanism & Tooling Approach’ section”* |
“This is a strong proposal and it is clear you have already made a huge impact in your community. I would like to see a clearer plan on how you will use web3 tooling as a part of the program and distribution of funds. I think the mentors in this program will be able to help you refine this.”
”Seems a valuable and much needed project. Unclear alignment with Ethereum and program vision.”
”The Homewood Housing Circle presents a mission-aligned and locally grounded proposal with a strong team, credible community relationships, and an impressive track record of past fundraising. The program shows clear potential to serve as an important case study for bringing community housing initiatives onchain, though the current strategic fit with the broader Ethereum ecosystem remains uncertain—particularly given the unclear likelihood of participants remaining onchain and the risk of substantial off-ramping. Co-funding signals are promising, with $10k confirmed from HCV community donors and an additional $10k in soft commitments, though more detail is needed on who the prospective partners are and how these commitments have been made. Reviewers noted that key operational elements—such as permissioned voting, application tooling, and onchain distribution—lack sufficient detail, and significant expert support may be required to ensure the round meets Localism Fund standards for technical execution. Overall, this is a compelling initiative with strong leadership and community trust, but it would benefit from clearer articulation of its Web3 integration path and firmer confirmation of external co-funding.”
The Homewood Housing Circle evaluation presents a community-rooted initiative with a solid fundraising base and a strong track record of local impact, scoring 10.27 out of 16. Reviewers consistently praised the team’s credibility, demonstrated capacity, and meaningful alignment with Localism Fund goals, supported by $10k in co-funding commitments and a history of successful neighborhood revitalization efforts. However, evaluators expressed significant concerns about the proposal’s unclear integration of web3 tooling, limited strategic alignment with the broader Ethereum ecosystem, and sparse detail on operational mechanisms —particularly regarding on-chain processes, voting systems, and the application portal. While the program’s community value is evident, its overall readiness depends on confirming matching funds and developing clearer technical pathways for on-chain participation.