From the Archives: 2002 – Asian Giving Circle
May marks Asian American and Pacific Islander (AAPI) Heritage Month, a time to celebrate AAPI history, uplift the achievements of AAPI individuals, and…
Household Wealth
Spotlights on community issues, the people, and the organizations who contribute to effective philanthropy as well as a stronger Chicago region and world.
Recent
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Chicago is Primed for Creative and Targeted Home Lending Solutions
The beauty of Chicago is that every person, every place, and every home has a story. And while my personal story didn’t begin…
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Amidst Uncertainties, Trust is Helping Nonprofits Continue to Meet Community Needs
As the federal government cuts funding and programs that support essential services, such as closing the Chicago-based Midwest regional office of the Department…
“Household Wealth” Household Wealth
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Stories of Impact 2022: We Rise Together
In the wake of the pandemic and the inequities it exposed, the philanthropic community has the chance to make transformational investments to strengthen long-disinvested communities…
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Paving Different Paths to the Desired Result
In 2013, I was teaching cross multiplication to my Algebra II students when I noticed one child getting frustrated at how I did the work.…
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Beyond Individual Choices: Financial Health Requires Systems-Level Solutions
The quality of our lives is tied to the financial health of our household—from our ability to pay bills on time, to afford groceries, or…
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Financial Health Pulse® Chicago 2022 Report
A new report by Financial Health Network offers the first comprehensive picture of financial health disparities in Chicago and broader Cook County by examining how individuals spend, save, borrow, and plan.
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Advancing Equity: What is the Homeownership Gap?
Homeownership is one of the most important vehicles for building household wealth, creating a pathway for families to increase their economic security, and passing down…
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Financing Homeownership
Two new research reports will inform the Trust’s strategy to advance equitable and safe financial solutions to increase and sustain Black and Latine homeownership.
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Matt Shomo
Matt Shomo (he/him) is the program manager for Homeownership & Home Equity at The Chicago Community Trust. He manages the Trust’s homeownership portfolio by supporting…
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2022: Coalitions for Equity in Wealth Policy Grant Recipients Leading the Charge in Major Policy Wins
Now in its third year, the Coalitions for Equity in Wealth Policy funding program supports organizations engaged in coalitions advocating for systems and policy change…
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3C Helps Communities Unlock Innovation in Affordable Housing
Homeownership is the single largest source of household wealth in the Chicago region, and it also plays an important role in building flourishing neighborhoods. However,…
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The Fund for Equitable Business Growth – Bursting the Bubble
I was raised in the affluent 5 Towns community on the south shore of Long Island. We were what my parents called “comfortable.” Mom and…
