CCWBE Report

Organization:
TREND Community Development Corporation
Reporting Period:
May 2024
Submitted on:
June 19, 2024
Submitted By:
Emma Roberts

TA Providers: General Questions

CWB Goals

Please provide a brief update on your progress toward your proposed CWB goals in the last reporting period:

In May 2024, TREND CDC and TREND continued to advance the inclusive ownership of Roseland Medical Center by: • Sharing the investment opportunity via LinkedIn, Facebook, and email • Connecting directly with community leaders and groups on the Far South Side • Hosting three info sessions via Zoom (May 1, 4, and 7) • Answering community member questions • Raising $134,500 from 52 community investors • Closing the crowdfunding offering after 60 days (May 10) • Continuing to advance the closing of the deal with DL3 Realty (expected to close by end of June 2024)

What constraints or limitations, if any, did you experience in the last reporting period?

N/A

What opportunities, if any, did you take advantage of in the last reporting period?

N/A

Chicago CWB Ecosystem

Did you establish new CWB relationships/partnerships in the last reporting period?

Yes

Please describe the relationships you established pertaining to your CWB work.

Steans Family Foundation Date: May 31, 2024 Name of Organization: Steans Family Foundation Type of Organization: Foundation Participants: • Lyneir Richardson, CEO, Chicago TREND Corporation • Pat Ford, Executive Director, Steans Family Foundation • Reginald Jones, Senior Fello, Steans Family Foundation • Andrew Geer, Consultant to Steans Family Foundation • One representative from Lawndale Christian Development Corporation Brief Summary of Conversation and Advice Provided: • Approaches to addressing food deserts in North Lawndale • Evaluation of independent grocer operations • Community ownership vehicles • Opportunities on the west side for comer development TREND Time: 3 hours Next Steps (if any): • Potentially meet with Steans Family Foundation board members

Did you collaborate with other TA providers in the last reporting period?

No

Which TA provider(s) did you work with?

Please share on behalf of whom / which projects you collaborated with the TA providers above:

Did you attend the Working Group meeting last month?

Yes

How would you rate the usefulness of the working group to your project last month? (on a scale of 1-5)

4

Optional Space

Demographic Data

Community Area(s) (select all that apply)

Community Area Participants Served in this Community Area
Roseland 52

 

Race / Ethnicity of Participants (select all that apply)

Black
White

 

Gender identity of Participants (select all that apply)

Male
Female

 

Age Range of Participants (select all that apply)

25 to 34
18 to 24
35 to 49
50 to 64
Over 65

 

Community Investment Vehicles Work

How many sessions of one-on-one consulting to Community Investment Vehicles (CIVs) did you conduct this reporting period? (e.g. one group or individual with one training provider)?

1

 

How many group workshops for Community Investment Vehicles (CIVs) did you conduct this reporting period? (e.g. convenings, workshops, events, etc.) 

3

 

How many hours of support to CWB Pre-Development Community Investment Vehicles did you provide this reporting period?

3

 

How many hours of support to existing Community Investment Vehicles did you provide this reporting period?

0

 

How many co-op businesses did you develop last reporting period? (It's okay if the answer is 0)

0

 

How many total owners / founders were there in these businesses?

0

 

How many jobs were created overall last reporting period? (It's okay if the answer is 0)

0

 

Please list the Community Investment Vehicles you worked with this reporting period.

Other

 

Other organization (please specify):

North Lawndale Christian Development Corporation

 

What type(s) of Technical Assistance did you provide to Community Investment Vehicles this reporting period? Select all that apply.

 

Did you provide education to any Community Investment Vehicles this reporting period?

No

 

What are the greatest needs that your Community Investment Vehicle clients/partners expressed in this reporting period?

N/A

 

What are the greatest gaps in service or resources in Chicago's CWB ecosystem?

N/A

 

Please share any direct testimonials from Community Investment Vehicle clients or storytelling about the impact of your work this period:

 

Please upload media (document with testimonials, photos, or video links) from Community Investment Vehicle workshops or events held.

 

Additional TA Support

Did your organization provide any additional TA support this reporting period that was NOT covered in the previous tabs?

No