CCWBE Report

Organization:
TREND Community Development Corporation
Reporting Period:
Nov 2024
Submitted on:
December 20, 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:

On Friday, November 22, TREND CDC, in partnership with Chicago TREND, hosted a successful Lunch and Learn event featuring Partners in Equity at our offices in downtown Chicago. The event, held from noon to 1:30 PM, brought together a group of 40 community leaders, business owners, funders, and stakeholders to engage in a lively discussion about the future of equitable commercial real estate ownership and opportunities for low-wealth communities in Chicago. Talib Graves-Manns and Wilson Lester of Partners in Equity delivered a presentation on their mission to democratize commercial real estate ownership. They outlined their 2025 strategy to invest equity capital in low- and moderate-income business owners in Chicago, emphasizing how their work aligns with TREND and CDC’s inclusive ownership model. Lyneir Richardson, CEO of Chicago TREND, provided an update on our shopping center acquisition strategy and efforts to expand opportunities for local residents to co-own assets. The event served as a catalyst for relationship-building, with attendees exchanging ideas and expressing interest in future collaboration. TREND CDC is committed to hosting similar convenings in 2025 as we continue to champion equitable ownership and transformative economic development initiatives.

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?

No

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

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?

No

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

5 extremely useful

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

 

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.) 

1

 

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?

Yes

 

How many hours of cohort education/training did you provide last month?

1.5

 

How many hours of popular education/outreach did you provide last month?

0

 

Number of curriculum material(s) created last month

0

 

How did you market your services and conduct outreach in the last reporting period? Select all that apply.

Email Marketing

 

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

Equity

 

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

Flexible, patient equity

 

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.

https://ccwbe.org/wp-content/uploads/2024/12/IMG_1324-scaled.jpg

https://ccwbe.org/wp-content/uploads/2024/12/IMG_1327-scaled.jpg

 

Additional TA Support

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

No