Articulate Ventures

Chauncey Nelson; Real Estate Developer & Social Worker, building community in Saint Louis North Side

October 4, 2021 · The Vance Crowe Podcast

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About this episode

Vance interviews Chauncey Nelson, a St. Louis social worker turned real estate developer who works on the city's North Side (Fountain Park/Lewis Place, north of the "Delmar Divide") through his community development corporation. Nelson traces his path from a finance major who fell into social work via a summer youth-camp job, to co-developing dilapidated North St. Louis real estate with a "full ecosystem" philosophy rather than piecemeal social services ("band-aids on bullet wounds"). He shares a personal story of losing a close friend to gun violence at 18, using it to explain how desperation and unmet basic needs -- not malice -- drive violence in disinvested communities, backed by the striking statistic that North St. Louis's infant mortality rate exceeds war-torn Syria's. The conversation traces the historical roots of the Delmar Divide (1949 Shelley v. Kraemer redlining case, Pruitt-Igoe's racially segregated design, discriminatory housing-voucher policy), and Nelson's economic argument about dollar circulation velocity differences between Jewish and Black communities as a lens on generational wealth-building versus extraction. A major thread is Nelson's critique of the "nonprofit industrial complex" replacing churches as community hubs -- churches once bonded people around service without salary incentives, while modern nonprofits are incentivized by grant metrics to report partial success rather than genuinely solve problems, echoing Vance's own experience seeing the Clinton Global Initiative's KPI-driven grant expansion. They also discuss COVID mask/vaccine attitudes in Nelson's community (roughly 50/50, with vaccine incentives breeding distrust rather than uptake), local politics (Nelson's support for underdog mayoral candidate Tishaura Jones over the establishment-favored Cara Spencer), and Nelson's active development pipeline (a 200-unit market-rate building, a 52-unit senior facility, historical home rehabs, and restoring a 114-year-old neighborhood fountain).

“North city of St. Louis has an infant mortality rate 1.2% lower than the ungoverned country of Syria... you cannot tell me that these people aren't in desperate situations.”
“If you cross over Delmar, household median income is like $180,000... north of Delmar it's $70,000. The price of a home north of Delmar is around $60,000. South of Delmar it's around $350,000.”
“The nonprofit industrial complex... the biggest reward is how much grant money did we receive this year? ...at the end of the day, ask me about the problems that we solve. Ask me about the data and the impact that we made, and fund those guys.”

Key moments

Notable quotes

“North city of St. Louis has an infant mortality rate 1.2% lower than the ungoverned country of Syria... you cannot tell me these people aren't in desperate situations.”
“In the Jewish community, a dollar stays in circulation about three years. In the African American community, that dollar stays in circulation about 48 seconds.”
“The nonprofit industrial complex... ask me about the problems we solve, ask me about the impact we made, and fund those guys.”

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