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
Elevated Chicago is spearheading an Arts & Culture Strategy to foster Placemaking and Placekeeping conversations and opportunities across Chicago communities. As part of this initiative, Elevated will establish the Creatives Advisory Council, a group of artists, creatives, and culture bearers with whom they maintain ongoing relationships. This Council will help refine and implement the Arts & Culture Strategy. Additionally, Elevated Chicago will leverage its network and social media to create the Elevated Chicago Creative’s Table—a citywide forum for artists dedicated to exploring and advancing community development. This Table will define the scope and terms of a regranting program aligned with Elevated Chicago's vision and values. The Creative’s Table, or a subcommittee, will oversee the program's implementation, mobilize its network to promote the Creative Placemaking and Placekeeping regranting opportunity, and emphasize safeguarding the vitality of existing spaces and creating new ones. Arts + Public Life (APL) at the University of Chicago will serve as a technical advisor to these efforts, sharing their extensive expertise in community arts engagement and equitable transit-oriented (ETOD) initiatives like the Arts Block. Specifically, APL will: • Host gatherings and events in its spaces, offering a welcoming and resourceful environment. • Strengthen connections between Black and Brown artists and opportunities provided by Elevated Chicago. • Deliver technical assistance, including consultations, templates, professional development, and artist-centered guidance. APL and Elevated Chicago have successfully collaborated for years. The Arts and Culture Strategy provides an exceptional opportunity to expand organizational partnerships between the two entities. In addition, the collaboration for the Arts and Culture Strategy allows APL to continue materializing its mission to be “a dynamic hub of exploration, expression, and exchange that centers people of color and fosters neighborhood vibrancy through the arts on the South Side of Chicago” and advancing ETOD initiatives while nurturing creativity and cultural preservation in the Washington Park neighborhood. Through this collaboration, APL and Elevated Chicago will amplify the voices of underrepresented communities, driving creative solutions for equitable growth. To support these efforts, we kindly request a mini-grant from the Chicago Community Trust to fund general operations, staff time, and technical assistance. These resources will help APL sustain the Elevated Chicago Arts & Culture Strategy, ensuring its impact on neighborhoods throughout the city.
Grant Recipient
The Chicago Community Wealth Building Center (“The Center”) is a new center being incubated at the Community Desk Chicago ("The Desk) designed to strengthen Chicago’s local community wealth building ecosystem through four key strategies: (1) pipeline management and technical assistance; (2) funder education and capital coordination; (3) policy, advocacy & coalition-building; and (4) arts, storytelling and community education. The Center will be housed at The Desk to incubate with the goal of launching as a separate 501c3 within two to three years.
Grant Recipient
WINGS Program, Inc. respectfully requests $50,000 from the Chicago Community Trust for general operating support. This funding will help manage the administrative and compliance requirements of the Cook County JAC government grant. WINGS’ current federal and state government grant portfolio includes funding totaling $4,569,462. WINGS indirect costs are calculated using the MTDC Formula which excludes applying indirect costs on leasing or rental housing; however, the 10% allocated to indirect costs from government grants is insufficient to cover the true administrative and compliance costs of the government grants. WINGS annual budget has increased 60% in the last two years to accommodate growth of programs and the administration to support the robust continuum of programs primarily providing housing for Survivors of domestic violence. Within the last year, to relieve the burden of administering government grants, WINGS expanded the Administration team by hiring a FTE Controller and a FTE Accounting clerk with no new administration dollars from government grants. The funds requested will bridge the gap between allocated indirect costs and actual expenses, allowing WINGS to enhance overall organizational effectiveness.
Grant Recipient
The Institute for Housing Studies will develop ETOD-related data indicators and provide data-focused technical assistance support to Elevated Chicago staff, Elevated Chicago Working Groups, Community Tables, and other Chicago groups working on ETOD-related issues.
Grant Recipient
Grant Recipient
Allies for Community Business (A4CB) seeks matching funds for an active government grant award we have secured with the U.S. Department of Treasury’s Community Development Financial Institution (CDFI) Fund that was funded through the Consolidated Appropriations Act of 2021. A4CB was one of over 600 CDFIs that was awarded grants via the CDFI Fund’s new Equitable Recovery Program (ERP), which is intended to strengthen the ability of CDFIs to help low- and moderate-income communities recover from the COVID-19 pandemic and invest in long-term prosperity. A CDFI is a mission-driven organization that expands economic opportunity in low-income communities by providing access to financial products and services for local residents and businesses. This grant will help A4CB provide capital and coaching to small businesses, with a focus on serving entrepreneurs of color that remain in need of assistance as they recover from the pandemic in areas with increased economic distress.
Grant Recipient
CNT seeks a $50,000 general operating support grant from the Chicago Community Trust to offset administrative and compliance costs associated with its $6 million grant from Cook County, which received funding from The American Rescue Plan Act of 2021. This grant funds the planning and programmatic costs associated with implementing the RainReady Calumet Corridor plans in Cook County’s south suburbs. RainReady works with communities and property owners to identify and implement solutions to urban flooding. The investments in community infrastructure resulting from this grant will reduce flooding and build resilience to climate change while creating more beautiful neighborhoods, new green jobs, outdoor recreation opportunities, retail activity, and habitat conservation. Funding from the Trust will enable CNT to offset the true costs of administering this grant – beyond the de minimis indirect cost rate of 10 percent -- and ensure that CNT can maintain an administrative structure that allows us to serve as the prime applicant on government awards, ensuring that our community-based partners can participate as subrecipients and have access to funds for which they’d otherwise be ineligible.
Grant Recipient
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