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
Featured
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.
-
Grant Recipient
The Chicago Scholars Foundation
At Chicago Scholars, we envision a vibrant Chicago empowered by diverse leaders from every neighborhood. Our Scholars come from low-income households, are first-generation college students, and do not have the social capital or information to navigate the unfamiliar, complex transitions into college and career. Our theory of change is that targeted investments toward these critical transitions can enable Scholars to overcome the barriers they face and succeed. Through college counseling, mentoring, and providing a supportive community to our Scholars, we ensure that these promising students realize their full potential as students and leaders. Over the next three years, we will be working to improve its service delivery and support specifically for our young men of color. By cultivating a positive in-school environment, we want all young men of color to feel holistically supported (socially, emotionally, and academically) and feel like they are a part of a community with similar backgrounds and goals. We envision a system and structure that would significantly improve this population through what is currently referred to as “The Warm Hand-Off.” As we build this intentional collaboration between Chicago Scholars and high-performing nonprofit organizations that serve young men of color in middle school, we believe we can better care for Chicago’s young talent by seeing them through the many milestones toward graduation and careers. By connecting earlier and engaging these young boys in pathways of purpose, we believe we can improve their college matriculation.
-
Grant Recipient
North Lawndale Community Coordinating Council
The North Lawndale Community Coordinating Council (NLCCC) is an organizing and planning body for the North Lawndale community led by and for residents and deep stakeholders. We have created a comprehensive Quality of Life Plan that we are now implementing – catalyzing neighborhood investment in support of the projects and capital developments as planned by and for residents so we all may participate more fully in the region’s prosperity. Funds requested here would support operations of the NLCCC, convenings, organizing efforts, and specifically our economic development committee and programs provided by NLCCC member and fiscal agent New Covenant Community Development Corporation to support local entrepreneurs, locally owned and Black-owned businesses, and development of our commercial corridors.
-
Grant Recipient
Chicago Community Foundation
-
Grant Recipient
The Chicago Community Foundation/Community Desk Chicago
Funding request to support a real estate development project for the South Shore Chamber of Commerce/CDC as part of the Neighborhood Developers Initiative (NDI).
-
Grant Recipient
Human Vaccines Project Inc
The HVP Born Strong Initiative aims to understand and influence the trajectory of a baby’s health for life by strengthening the mother’s immune system to positively impact the baby’s. The initiative is a global research project that uses recent advances in systems biology and artificial intelligence to revolutionize our understanding of maternal-fetal-newborn immunity. We want to make sure healthy happens before birth, so all children everywhere are born strong.
-
Grant Recipient
QUAD COMMUNITIES DEVELOPMENT CORPORATION NFP
QCDC is appreciative to have been invited to renew the third and final year of the Flexible Funding grant with CCT. QCDC's grant renewal and subsequent funding for the final $100,000 will continue to support the outcomes established in the initial application in 2020. Outcomes related to but are not limited to the agency's overall administrative requirements, execution of charitable programming and stakeholder engagement, compliance and monitoring requirements of funders, and the general agency infrastructure as QCDC continues the pursuit of its mission in its 19th year, "… driving equitable community revitalization, improving the quality of life for all residence, expanding the local ecosystem to be assessable to all. In this third year, our goals will be to achieve 100% completion of the original outcomes, further strengthen the agency's base to assure it is on firm ground to expand its programming and impact, secure additional funding as well as establish a current strategic development and fundraising plan.
-
Grant Recipient
KMW Communities LLC
The goal of the project is to activate approximately ~150 vacant public owned parcels, in the West Humboldt Park and Garfield Park communities, and subsequently build up to 300 units earmarked for Black and Latinx families that earn up to 120% AMI. Consequently, increasing values (overtime), attracting density and future investments that ultimately creates community wealth. Phase I (proof-of concept), consists of 7 newly constructed 2.5 story, two dwelling structures (14 units), with owners’ two-level unit above, and a rental or multi-generational unit below. We secured 7 sites are also suitable for 7 two - flats, situated on the North Monticello- blocks from city sponsored Invest South West, The Ave project.The two flats will offer rental unit or for a multi generation family.
-
Grant Recipient
The Chicago Community Foundation/Connecting Capital & Community
This initiative is designed to grow and support the number of voucher participants that can achieve homeownership through the CHA's Choose to Own Homeownership program