CCWBE Report

Organization:
Here to Stay Community Land Trust
Reporting Period:
Apr 2024
Submitted on:
April 30, 2024
Submitted By:
Kristin Horne

Pre-Development Projects

Project Goals

What proportion of Goal 1 overall is complete at this point?

100%

What are the barriers and opportunities for completion that impacted goal 1 in the last month?

We still have not been reimbursed and now owe many months of salary expenses to our partner org because the City has not reimbursed us. It continues to jeopardize the stability of our organization.

What proportion of Goal 2 overall is complete at this point?

20%

What are the barriers and opportunities for completion that you impacted goal 2 in the last month?

We spent the CCT grant. We just received the $5mm ARPA grant last month and are closing on our first home today. There is a shortage of housing inventory in our area that is posing a challenge.

What proportion of Goal 3 overall is complete at this point?

40%

What are the barriers and opportunities for completion that you impacted goal 3 in the last month?

We put two homes under contact.

CWB Ecosystem

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

Chicago Community Loan Fund

2

Very satisfied

Which TA providers did you work with OUTSIDE of the Phase I CWEB grantees?

TA Provider Hours Spent Satisfaction

Grounded Solutions Network

1.5

Very satisfied

Did someone from your organization attend the Working Group this month?

No

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

How would you rate the usefulness of the Working Group for building community?

What have been the two most valuable contributions of the Working Group this month?

Please share any comments about the working group meetings.

How many TOTAL housing units did you preserve or create last month? (it is okay if the answer is zero)

1

How many TOTAL CWB businesses did you develop last month? (it is okay if the answer is zero)

0

Community Engagement

Number of stakeholder meetings held related to your Pre-Development Project?

31

Number of community meetings attended last month related to your Pre-Development Project?

9

Organizational Capacity

Service / Capacity

Service Capacity

Accounting & Financial Management

4

Advocacy

4

Conflict Resolution

N/A

Cooperative Development and Operations

4

Education & Training

4

Fundraising or Raising Capital

3 some ability

Governance / Legal

N/A

Marketing & Communications

3 some ability

Other

N/A

Project Management

5 extensive ability

Real Estate Acquisition & Development

5 extensive ability

Relationship Building

5 extensive ability

Research

3 some ability

Other (please describe and include ranking)

What constraints or limitations with internal capacity is the organizarion experiencing related to its Pre-Development Project?

Not being reimbursed by the City for this grant is putting tremendous strain on our organization.

What opportunities, if any, did the organization take advantage of related to its Pre-Development Project?

We are working with existing homeowners who want to remain in their homes but can't afford to due to maintenance or property taxes. HTS would purchase the home, make repairs, and then sell it back to them at a lower price using the CLT model which would ensure they're property taxes are assessed at the affordable price, not the market price.

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