Paving the Path to Homeownership for Housing Choice Voucher Holders
Since the mid-20th century, homeownership has been one of the most important vehicles for building wealth in the United States. According to research from the…
Grants
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Our Grantmaking Strategy
For more than 100 years, The Chicago Community Trust has convened, supported, funded, and accelerated the work of community members and changemakers committed to strengthening the Chicago region. From building up our civic infrastructure to spearheading our response to the Great Recession, the Trust has brought our community together to face pressing challenges and seize our greatest opportunities. Today, that means confronting the racial and ethnic wealth gap.
Explore Our Discretionary Grants
Showing 1851–1858 of 4447 results
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Grant Recipient
This Old Farm
This Old Farm, Inc (TOFI) is seeking funds to build a network of small meat processors and industry stakeholders to serve the Chicago foodshed. The goal of the network is to collectively develop strategies to increase local processing capacity and develop markets for value-added meat products, to ultimately increase the business sustainability of and reduce barriers to growth of small to medium-sized farmers and meat processors.
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Grant Recipient
Habitat for Humanity Chicago
As an affiliate of Habitat for Humanity International, Habitat for Humanity Chicago (Habitat Chicago) shares the same mission – to bring people together to build homes, communities, and hope. Our vision is a world where everyone has a decent place to live. We are committed to seeing Chicago thrive. Habitat Chicago contributes to neighborhood health by delivering affordable housing services where they will have the most impact; at-risk neighborhoods where there are some assets and solid social networks. We focus on strategic investment in West Pullman and Greater Grand Crossing on Chicago’s Southside because regional prosperity depends on the success of these neighborhoods. Our investment in these historically disinvested neighborhoods prioritizes community-centered planning and partnerships—essential characteristics of sustainable and equitable community development. By partnering with committed residents and trusted organizations, we help families and communities achieve strength, stability, and self-reliance. Habitat Chicago builds quality homes and prepares buyers for affordable mortgages, which in turn improves neighborhood health. Our programs give families access to the long-term financial, health, educational, and social benefits of homeownership by providing in-depth financial literacy education, new home construction, and support for neighborhood improvement projects. Habitat Chicago helps build neighborhood health through three core programs: The Affordable Homeownership Program creates access to the long-term benefits of homeownership. Residents who do not qualify for conventional loans can own new, energy efficient homes with a 30-year, no-interest mortgage. Participants prepare for homeownership with classes and guidance meetings and help build their home alongside volunteers and construction professionals. Habitat Chicago strives to open homeownership opportunities to more Chicagoans through its Homebuyer University – a public program that introduces participants to all aspects of purchasing a home—from financial planning and building credit, assessing homes and neighborhoods, to the responsibilities of homeownership. This public homeownership education program prepares students with knowledge and resources to navigate the homebuying process. The Neighborhood Grants Initiative provides small grants to residents in our focus neighborhoods to support resident-led community development or improvement projects. Each project is an investment in our focus neighborhoods that builds and enhances community assets while connecting neighbors. These strategic investments promote leadership and self-sufficiency, engage residents with each other, and improve social and physical conditions. Habitat Chicago’s volunteer pool includes corporate groups, students, families, and faith groups. Community members can volunteer at our construction sites or at ReStore, a home-improvement resale store in the northside of Chicago that supplies gently used furniture, appliances, and other home needs. HOMEOWNERSHIP AND NEIGHBORHOOD HEALTH Owning a home is a significant wealth-generating tool for families and a key factor in neighborhood stability. Access to affordable homeownership and healthy neighborhoods should be an opportunity for all. Through targeted investments and programming, we partner with residents to build strong and thriving neighborhoods, and support homebuyers to build generational wealth through homeownership. We work to promote market vitality in our focus neighborhoods by delivering high-quality, community-centered housing services in coordination with organized local coalitions efforts and operating in significant volume to positively affect a neighborhood’s trajectory, so that we elevate equitable development and effect decent places to live. Support for Habitat Chicago is an investment in our focus neighborhoods that: • Support education tools for new homebuyers • Secure construction materials • Help construct new, affordable homes • Mobilize volunteers, donors, and coalition partners • Improve property values and physical conditions • Increase the rate of Black homeownership Safe and affordable housing plays a critical role in helping families create lives filled with possibility. A Growing Household Wealth-Assets Grant of $80,000 to support Habitat for Humanity Chicago’s mission will help a homebuyer purchase a home—subsidized at a price lower than the cost to build it. It will help a family find a decent place to live.
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Grant Recipient
UNIVERSITY OF CHICAGO
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Grant Recipient
FAR SOUTH CDC
Pace Pulse Mixed-Use Transit Supportive Development (Pace Pulse MTSD) is a subset of Far South CDC’s “Bringing Communities Back Initiative” (“BCBI”). BCBI goal is to repurpose blighted-high impact community areas into thriving community anchors that will spur economic growth and repopulate communities on Chicago’s far south side that have experienced decades of chronic disinvestment. In collaboration with Pace’s Pulse South Halsted Business Corridor Enhancement Project – which seeks to improve new energy-efficient buses, new and improved bus stations, faster and more frequent Pace and CTA services, roadway and traffic improvements to help keep buses on schedule, and connections to other transit services – Far South CDC is proposing mixed-use residential and commercial developments near Pace bus stations and other neighborhood amenities that will complement the City’s Equitable Transit-Oriented Development (“eTOD”). The goal of this grant is to provide pre-development services for three sites totaling 30.4-acres (1.3 million square feet) along South Halsted Corridor between 1) 116th Street to 117th Place – AgroHousing @ Taylor Trail; 2) 120th Street to 122nd Street – West Pullman Park Residences; 3) 127th Street to 129th Street – Calumet River Suites (Please see attached maps). Project deliverables will include (without limitation) 1) existing conditions analysis, 2) concept design alternatives, 3) community engagements, 4) final concept designs, and 5) a final funding proposal for development.
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Grant Recipient
Lake County Community Foundation
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Grant Recipient
SMALL BUSINESS MAJORITY FOUNDATION INC
Small Business Majority (SBM) requests support to continue our ongoing partnership with Rogers Park Business Alliance (RPBA) and New Covenant Community Development Center (NCCDC), which increases access to business support, financial management training and capital for entrepreneurs of color. Partners co-offer SBM’s Business Bootcamps, RPBA’s GROW/PROGRESANDO program and NCCDC’s Financial Dashboard course, monitoring outcomes of and feedback from multi-program participants. Partners also identify adaptable best practices aimed at boosting cultural competence and humility in service delivery—key to increasing effective, fair service delivery for entrepreneurs disproportionately harmed by structural discrimination, public disinvestment and COVID-19.
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Grant Recipient
Hire360
HIRE360 proposes continued support for its Training & Mentoring Together initiative to improve retention in construction industry, living wage unionized apprenticeships for residents of under-represented communities. We will partner with leading labor and industry organizations, and community-based service providers to transition 85 individuals to registered apprenticeship programs and conduct group based mentoring support throughout the year for up to 50 individuals per session. We will dedicate 2.35 FTE staff to this initiative. New apprentices will generally be ages 18-29: 34% Black or African American, 37% Latinx. Members of the mentoring program will be 47% Black or African American, 41% Latinx, and 41% Female.
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Grant Recipient
OneChicagoFund
We are requesting $25K to help incentivize Chicago teens and young adults to download the My CHI. My Future. (MCMF) mobile app which will allow users to explore programs, events, resources and jobs based on their age and preference. The app will be available to teens/young adults across Chicago; however, we are focusing outreach in 15 communities based on data around crime, health indicators, and historic disinvestment.