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, ...
Episode #8: Building Neighborhood Wealth with Community Investment Vehicles
Trust Talks
30 minutes
3 years ago
Episode #8: Building Neighborhood Wealth with Community Investment Vehicles
The Trust’s Catalyzing Neighborhood Investment strategy is focused on closing the region’s racial and ethnic wealth gap at the neighborhood level by fostering an environment that leads to more inclusive development in historically disinvested Black and Latinx communities. Last year—in partnership with Community Desk Chicago—the Trust conducted a study of philanthropy's role in supporting community ownership models for neighborhood development. We were particularly interested in learning ...
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, ...
