As Chicago neighborhoods continue to expand with newly built businesses and homes, new opportunities emerge for residents to shape their communities. Yet, traditional development often leaves residents with little to no say on – or stake in - what gets built in their neighborhoods. Shared ownership flips the traditional development script by allowing residents to help improve their communities while also benefiting from new investment. Community members can take a stake in housing, business, ...
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As Chicago neighborhoods continue to expand with newly built businesses and homes, new opportunities emerge for residents to shape their communities. Yet, traditional development often leaves residents with little to no say on – or stake in - what gets built in their neighborhoods. Shared ownership flips the traditional development script by allowing residents to help improve their communities while also benefiting from new investment. Community members can take a stake in housing, business, ...
While homeownership is often viewed as a pathway to building wealth, a range of challenges can hinder its effectiveness, particularly for specific groups. These include financial burdens such as rising property taxes and ongoing maintenance costs, neighborhood-based appraisal disparities, and the need to meet family responsibilities. While increasing homeownership is critical to the region’s economic health, there is no one-size-fits-all approach to increasing homeownership in disinvested com...
Trust Talks
As Chicago neighborhoods continue to expand with newly built businesses and homes, new opportunities emerge for residents to shape their communities. Yet, traditional development often leaves residents with little to no say on – or stake in - what gets built in their neighborhoods. Shared ownership flips the traditional development script by allowing residents to help improve their communities while also benefiting from new investment. Community members can take a stake in housing, business, ...
