What proportion of Goal 1 overall is complete at this point?
50%
What are the barriers and opportunities for completion that impacted goal 1 in the last month?
We have legal assistance through UIC's solidarity economy clinic and we're making great progress with our organizational by-laws.
What proportion of Goal 2 overall is complete at this point?
60%
What are the barriers and opportunities for completion that you impacted goal 2 in the last month?
We have moved into permit documents with our architect. We need to secure additional funding to hire a pre-construction consultant to support us in putting together an invitation to bid for contractors. We also need to secure a parking variance and will need to hire an attorney.
What proportion of Goal 3 overall is complete at this point?
60%
What are the barriers and opportunities for completion that you impacted goal 3 in the last month?
We are still seeking access to capital with a focus on private capital to start phase I of our construction. We have upcoming meetings with Kataly Foundation and Good Chaos with the hope of raising 1M.
Did you access Technical Assistance for your CWB project last month?
Yes
Which TA provider(s) did you work with within the Phase I CWEB grantees?
TA Provider | Hours Spent | Satisfaction |
---|---|---|
UIC Law - Community Enterprise & Solidarity Economy Clinic (CESEC) |
6 |
Very satisfied |
Which TA providers did you work with OUTSIDE of the Phase I CWEB grantees?
TA Provider | Hours Spent | Satisfaction |
---|---|---|
None |
1 |
Neither satisfied nor dissatisfied |
Did someone from your organization attend the Working Group this month?
Yes
How would you rate the usefulness of the working group to your project last month? (on a scale of 1-5)
Very useful
How would you rate the usefulness of the Working Group for building community?
Somewhat useful
What have been the two most valuable contributions of the Working Group this month?
Please share any comments about the working group meetings.
Renee's presentation on the Corporate Transparency Act was crucial !
How many TOTAL housing units did you preserve or create last month? (it is okay if the answer is zero)
0
How many TOTAL CWB businesses did you develop last month? (it is okay if the answer is zero)
0
Number of stakeholder meetings held related to your Pre-Development Project?
8
Number of community meetings attended last month related to your Pre-Development Project?
0
Service / Capacity
Service | Capacity |
---|---|
Accounting & Financial Management |
4 |
Advocacy |
5 extensive ability |
Conflict Resolution |
4 |
Cooperative Development and Operations |
3 some ability |
Education & Training |
3 some ability |
Fundraising or Raising Capital |
3 some ability |
Governance / Legal |
3 some ability |
Marketing & Communications |
2 |
Other |
N/A |
Project Management |
3 some ability |
Real Estate Acquisition & Development |
3 some ability |
Relationship Building |
4 |
Research |
2 |
Other (please describe and include ranking)
What constraints or limitations with internal capacity is the organizarion experiencing related to its Pre-Development Project?
We are experiencing challenges raising capital.
What opportunities, if any, did the organization take advantage of related to its Pre-Development Project?
Attending convenings centered on alternative property ownership methods, with the goal of meeting funders interested in supporting cooperative development.
Please use this space to elaborate, contextualize, or add any additional info about the details submitted in your report: