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.
Showing 2081–2088 of 4466 results
Grant Recipient
Thrive Scholars' mission is to help high-achieving students of color from low-income communities get into and graduate from top colleges equipped to reach their full career potential. Thrive Scholars addresses the racial wealth gap disparities with our signature Summer Academy program and our Career Development Program. We respectfully request a grant of $200,000 to continue scaling our Summer Academy and Career Development Programs for our growing number of Chicago Thrive Scholars.
Grant Recipient
Funding is requested to support the general operations of the Corporate Coalition of Chicago, an alliance of companies working to reduce racial and economic inequities through the power of their business practices. Members of the Corporate Coalition challenge business as usual and identify and implement new ways to deploy their capital, capabilities, and employee enthusiasm to help build a thriving Chicago region where assets and opportunities are more equitably shared. Members of the Corporate Coalition share a vision of a corporate culture in Chicago where leaders understand that reducing inequities is essential to their business success and to a thriving regional economy, leading them to challenge business as usual in the way they invest, operate, and govern. Funding will support the Corporate Coalition in its three main areas of work: 1. Developing and supporting joint initiatives (e.g., the Corporate Connector, EPIC Fund, second chance hiring) where companies work together to change business practices 2. Public communications, to catalyze a conversation about challenging business as usual to create a more equitable region 3. Sharing of innovative practices across firms Funding will also support the Coalition in retention of an impact assessment and learning partner, an important step in the Coalition’s maturation.
Grant Recipient
The Corporate Coalition is applying for a grant that will allow us to formalize the operations of 5/25 Move to Action (5/25 MTA), including locating and staffing the work at the Corporate Coalition. The initiative is focused on the outsized impact corporations have on equity in Black and Latinx communities. As part of this work, the Corporate Coalition will secure, coordinate, and report commitments to 5/25 Move to Action that address economic opportunity in disinvested communities across the region. A joint initiative between the Corporate Coalition and Together We Rise for an Equitable and Just Recovery, in formalizing operations of 5/25 MTA the Corporate Coalition will specifically: - Facilitate shared learning: The Corporate Coalition will support the convening of the participants to share practices and create a learning community - Document and share leading practices: Provide the outcomes of the convenings to participating companies. - Bring visibility to those doing the work: Leverage the leadership of The Chicago Community Trust and the Corporate Coalition’s recently appointed three Co-Chairs to create a public voice, and to inspire more companies to challenge business as usual as a way to address longstanding inequities - Recruit new participants in MTA
Grant Recipient
Grant Recipient
With support of the Catalyzing Neighborhood Investment, Sisters in Cinema will work to develop and advance a set of targeted capacity building efforts to strengthen our ability to advance our mission and to further a shared vision for a thriving South Side. We will work with the Community Programs Accelerator (CPA) who will provide formal capacity building counsel to assist us in driving forward the development and advancement of key priorities. Sisters in Cinema will build on the work completed in the first year of the program with the CPA. In year one we focused on Operational Plan Design including policies and procedures necessary to effectively run the new Media Arts Center. In year two we will shift to Operational Plan Implementation. We will also conduction an evaluation of the policies and procedures created in year one that were theoretical in nature because the Media Arts Center was still under construction. We will work toward effectively fine-tuning policies and procedures based upon what we learn from practical application. In year one our goal was to work on Program Design and implementation created in collaboration with community members to create new and strengthen current programs serving needs determined by the community. We hosted focus groups with creative organizations, businesses, artists and activists and also implemented a community survey. Since the Media Arts Center is still under construction we have not been able to implement what we have learned from the community. In year two we will begin the Implementation process working with the community in terms of creating community inspired programming at the Media Arts Center.
Grant Recipient
Resident Association of Greater Englewood (R.A.G.E.) was founded in November 2010 and our overarching mission is to empower residents to strategize and devise concrete solutions for the betterment of Englewood while actively serving as a credible information resource for the community at-large. R.A.G.E launched the Buy the Block Englewood Housing Program back in 2018, to organize a campaign targeting renters to become first time homebuyers. The goal is to engage & educate residents about the homeowner opportunities in Englewood and work to increase the number of owner-occupied homes. We collect and track data regarding their interest to invest in a home, financial capacity and follow up accordingly to ensure they are on a pathway to homeownership. We want to develop 10-15 new home owners and/or residents who enroll in financial literacy or a credit building program so that they will eventually become a homeowner soon in Englewood. Our goal is to expand this program to reach more renters and strengthen our partnerships.
Grant Recipient
Grant Recipient
HACIA proposes a strategic expansion of existing programming to create a business accelerator cohort designed to support and help Black and Latinx business owners scale their construction related businesses. The cohort, known as HACIA Executive Fellows in Construction, will provide both executive coaching and customized technical assistance in the following four core areas: finance, operations, business development, and legal. The aim is to give small to medium size M/W/V/DBE firms the opportunity to grow their professional networks within the construction industry in a targeted way, assist with scaling from subs to primes, where applicable, and/or help to facilitate joint ventures.