CCWBE Report

Organization:
TREND Community Development Corporation
Reporting Period:
Nov 2023
Submitted on:
December 1, 2023
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:

Throughout the month of November, TREND and TREND CDC continued to make progress on the acquisition of the Roseland Medical and Retail Center. TREND continues to negotiate the contingencies in the contract with DL3 Realty. TREND CDC continues to engage SmallChange.co and began to prepare the offering description for local residents that will be made available publicly once the deal closes. We met with Far South CDC leadership to discuss the opportunity for them to be a convener and ambassador to help get the word about the opportunity for local residents to invest in the shopping center. We engaged researchers from UC Riverside to begin developing a case study focused on analyzing the survey responses of Baltimore investors to understand small investor motivations and expectations. We also met with a consultant to the Steans Family Foundation and are laying the groundwork for building relationships and identifying acquisition opportunities in North Lawndale.

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.

UC Riverside - case study development partner Steans Family Foundation - North Lawndale inclusive ownership opportunity

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)

3

Optional Space

Demographic Data

Community Area(s) (select all that apply)

Community Area Participants Served in this Community Area
N/A - no participants served 0

 

Race / Ethnicity of Participants (select all that apply)

Other

 

Other Race/Ethnicity (please specify)

N/A

 

Gender identity of Participants (select all that apply)

Unknown

 

Age Range of Participants (select all that apply)

Unknown

 

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)?

0

 

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

0

 

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

0

 

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):

N/A

 

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.