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?
The financial framework is complete so now we can shift to completings goals 2 and 3. This is an opportunity for us to rebuild momemtum around the CIV going into the new year.
What proportion of Goal 2 overall is complete at this point?
60%
What are the barriers and opportunities for completion that you impacted goal 2 in the last month?
We have secured financing for the 1st acquisition for the CIV project. Closing will take place in January
What proportion of Goal 3 overall is complete at this point?
0%
What are the barriers and opportunities for completion that you impacted goal 3 in the last month?
Current barriers are indentifying new vendors to support the CIV and establishing the new legal entity.
Did you access Technical Assistance for your CWB project last month?
No
Which TA provider(s) did you work with within the Phase I CWEB grantees?
Which TA providers did you work with OUTSIDE of the Phase I CWEB grantees?
Did someone from your organization attend the Working Group this month?
Yes
How would you rate the usefulness of the working group to your project last month? (on a scale of 1-5)
Very useful
How would you rate the usefulness of the Working Group for building community?
Very useful
What have been the two most valuable contributions of the Working Group this month?
Please share any comments about the working group meetings.
The coalition building has been significant as we build out this significant wealth building strategy across the city.
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
Number of stakeholder meetings held related to your Pre-Development Project?
1
Number of community meetings attended last month related to your Pre-Development Project?
1
Service / Capacity
| Service | Capacity |
|---|---|
|
Accounting & Financial Management |
3 some ability |
|
Advocacy |
3 some 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 |
3 some ability |
|
Marketing & Communications |
3 some ability |
|
Other |
3 some ability |
|
Project Management |
3 some ability |
|
Real Estate Acquisition & Development |
3 some ability |
|
Relationship Building |
3 some 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?
Staffing issues to manage the purchase of this new property as well as manage the CIV legal entitiy structuring.
What opportunities, if any, did the organization take advantage of related to its Pre-Development Project?
We have secured funding from Chicago Community Trust to hire a CIV Facilitator who will be responsibe for legal structuring of the entity, developing a financial literacy program and initial capital raise for our first project.
Please use this space to elaborate, contextualize, or add any additional info about the details submitted in your report:
