Catalyzing Neighborhood Investment

Addressing the wealth gap at the neighborhood level through more investment in community-led revitalization.

Overview

For our region to prosper, we need our Black and Latinx communities to thrive, and that means safe neighborhoods with access to services that many take for granted—grocery stores, parks, transit systems, restaurants, and more.

The Opportunity 

When it comes to helping individuals, families, and communities build wealth, neighborhood investment is a force multiplier. Neighborhood development projects create businesses and jobs, bring in new services and amenities that make life better for residents, and increase the flow of dollars to and within the community.

Our Approach

The Trust’s Catalyzing Neighborhood Investment strategy focuses on creating the environment that allows investment to happen in historically disinvested Black and Latinx communities.

Because revitalizing neighborhoods will only be effective if we work together, collaboration is core to our approach. The Trust supports eight priorities across three major areas of the neighborhood investment landscape.

To dive deeper into our catalyzing neighborhood investment priorities, click here.

How It Works

The Trust supports baseline activities for revitalization, including various flexible funding opportunities to meet the needs of Black and Latinx community organizations, who are responsible for progress but typically face funding constraints.

Community stakeholders often come together to solve problems and pursue opportunities, from imagining a new use for a vacant building to revitalizing a commercial corridor. No matter the project, collaborative planning can be a complex process that requires time, resources, and coordination. The Trust supports a variety of planning solutions for guiding community investment.

Even the best-laid plans for neighborhood investment will falter on implementation without the fuel of financial capital or a supportive policy environment. The stakes are especially high in disinvested communities where financial capital investment—specifically, private capital—pales in comparison to affluent communities. The Trust supports finance and policy solutions that effect systemic change.

  • The Trust supports baseline activities for revitalization, including various flexible funding opportunities to meet the needs of Black and Latinx community organizations, who are responsible for progress but typically face funding constraints.

  • Community stakeholders often come together to solve problems and pursue opportunities, from imagining a new use for a vacant building to revitalizing a commercial corridor. No matter the project, collaborative planning can be a complex process that requires time, resources, and coordination. The Trust supports a variety of planning solutions for guiding community investment.

  • Even the best-laid plans for neighborhood investment will falter on implementation without the fuel of financial capital or a supportive policy environment. The stakes are especially high in disinvested communities where financial capital investment—specifically, private capital—pales in comparison to affluent communities. The Trust supports finance and policy solutions that effect systemic change.

  • Catalyzing Neighborhood Investment

How You Can Take Action

Interested in learning more or partnering with us?

Please contact Michael Davidson, Senior Director of Community Impact, at mdavidson@cct.org, or Adele Nandan, Interim Director of Resource Development, at anandan@cct.org.

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Our Team

  • Michael Davidson

    Senior Director of Community Impact

    Michael Davidson (he/his) is a senior director at The Chicago Community Trust where he leads the Catalyzing Neighborhood Investment strategy. His portfolio creates the enabling…

  • Chris Eagan

    Program Manager

    Chris Eagan (he/his) is a program manager for the Catalyzing Neighborhood Investment strategy at The Chicago Community Trust. He oversees real estate development, development finance,…

  • Hector Estrada

    Impact Coordinator

    Hector Estrada (he/his) is the impact coordinator for the Catalyzing Neighborhood Investment strategy at The Chicago Community Trust. Hector is the administrative and process point…