CCWBE Report

Organization:
La Villita Housing Cooperative
Reporting Period:
Apr 2024
Submitted on:
May 3, 2024
Submitted By:
Robin Semer

Pre-Development Projects

Project Goals

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

40%

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

We are moving along in this process. Our organizational structure is in the process of change to incorporate more community leadership into the process. Not having a building to focus on and to create excitement about is our main barrier.

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

10%

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

This goal is highly dependent on buying a building. We are impeded by lack of available buildings in Little Village and how quickly the ones that are in decent shape sell. We know of one building that would be a good one to buy but it would take too much money to rehab, especially now when interest rates are so high.

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

30%

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

We have done an excellent job finding potential support for very low income people to be part of the cooperative process (below 30% AMI) but less well at aiding people at the 30-60% AMI levels, who will have trouble with the monthly payments that we are projecting.

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

UIC Law - Community Enterprise & Solidarity Economy Clinic (CESEC)

4

Very satisfied

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

TA Provider Hours Spent Satisfaction

N/A

1

Neither satisfied nor dissatisfied

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)

0

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?

4

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

0

Organizational Capacity

Service / Capacity

Service Capacity

Accounting & Financial Management

3 some ability

Advocacy

5 extensive ability

Conflict Resolution

3 some ability

Cooperative Development and Operations

3 some ability

Education & Training

3 some ability

Fundraising or Raising Capital

3 some ability

Governance / Legal

2

Marketing & Communications

3 some ability

Other

N/A

Project Management

4

Real Estate Acquisition & Development

2

Relationship Building

3 some ability

Research

4

Other (please describe and include ranking)

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

Most of the participants have full time jobs in addition to working on this effort. If we were to find a building, activity levels would increase because a goal would be within reach.

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

No new opportunities but the work on the by-laws continued and changes to our internal structure were made to allow for more leadership development among the participants.

Optional Space

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