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…
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…
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.
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Grant Recipient
The NHS-led Housing Policy Task Force seeks to effect change, reform and a more equitable future for people of color through access to affordable homeownership and other wealth-building opportunities. This Task Force convenes over thirty of Chicago’s most prominent stakeholders, pulling in thought-leaders from a diverse selection of nonprofit, for-profit, academic, regulatory, and governmental sectors. Our activities unite advocacy with research, planning, coalition building, and more to achieve our wide aims of making owner-occupied housing more affordable, sustainable, and accessible. While we focus on that core mission, we will concentrate our activities this year on addressing equitable mortgage access, equitable homeownership, appraisal gap advocacy, and property tax repayment advocacy.
Grant Recipient
A project to keep saving La Raza, the last major Spanish newspaper in Chicago, and to keep it as a quality and trusted source of local news to serve and empower the Hispanic community. This grant will help in part to support the cost of keeping the position of the Editor in Chief, opening a new position for a reporter to cover Latine communities in Chicago, and investing in the maintenance of our neighborhood distribution infrastructure. The recovery after the recent inflation and the COVID-19 emergency has been slow for media and local news outlets face big financial challenges, everything amid a steep decline in advertising revenue. La Raza is likely the last Spanish newspaper in Chicago producing original community-focused journalism. This grant will mitigate the current news deserts affecting the Chicago Hispanic communities, preserve La Raza’s content production capacity, enhance its online platforms, support its transformation, and keep active a local media outlet that for 54 years has been critical for the defense and empowerment of the Chicago Latine communities and for the preservation of democracy and free of speech.
Grant Recipient
Grant Recipient
Grant Recipient
The creation of a Community Centered Economic Inclusion Agenda in Back of the Yards will identify top line economic development priorities for the neighborhood and assemble the partners and resources to invest and move these priorities forward, ensuring equitable development in years to come.
Grant Recipient
Located on an INVEST South/West Corridor, Old Fashioned Donuts has been owned and operated by the Bulloch Family for over 50 years. Since its founding, Old Fashioned Donuts has operated non-stop serving and employing generations of individuals and families throughout Chicago. Developer wants to update and repair the store to continue to serve the community for another 50 years and provide an ownership opportunity for his daughters.
Grant Recipient
Grant Recipient