CCWBE Report

Organization:
La Villita Housing Cooperative
Reporting Period:
Feb 2024
Submitted on:
February 29, 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 have been waiting for a signed contract before performing most tasks that require a large outlay of funds. Our dates in the plan need to be moved forward.

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?

Difficulty in finding affordable buildings in Little Village.

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 had great discussions with a number of Chicago organizations/agencies that can help us to achieve our goals, such as CLIHTF, CCT, CCLF and CHT and others and feel like plans can be realized once we find a building..

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

1

Neither satisfied nor dissatisfied

Illinois Worker Cooperative Alliance - Seed Commons

2

Neither satisfied nor dissatisfied

The Resurrection Project

6

Somewhat satisfied

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

6

Somewhat satisfied

Urban Homesteading Assistance Board (UHAB)

29.5

Very satisfied

Center for Urban Economic Development (CUED)

12

Very satisfied

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

TA Provider Hours Spent Satisfaction

Chicago Community Trust

2

Neither satisfied nor dissatisfied

Chicago Housing Trust

1

Very satisfied

Urban Land Institute

2

Very satisfied

The Preservation Compact

1

Somewhat satisfied

Community Investment Corporation

1

Neither satisfied nor dissatisfied

Community Enterprise Partners

6

Very satisfied

PIHCO

12

Very satisfied

Shared Capital

1

Somewhat satisfied

Centennial Mortgage

1

Somewhat dissatisfied

Chicago Low Income Housing Trust Fund

2

Very satisfied

Logan Square Cooperative

2

Very satisfied

Alderman Rodriguez Office

2

Somewhat satisfied

Docia Buffington

3

Very satisfied

Center for Shared Ownerships

2

Neither satisfied nor dissatisfied

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?

Resources
Knowledge

Please share any comments about the working group meetings.

They have been immensely helpful. They provide important resources, increase familiarity with current ideas and thinking about community wealth building, introduce people and organizations we were not familiar with to us.

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?

45

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

1

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?

We have been learning from other great housing cooperatives, but every project is different. We are breaking ground in trying to make a housing cooperative project that includes very low income people. We are also bringing stakeholders into the building of the organization. We are forming our organizational structure as we organize in the community and making adjustments as necessary. It is a rewarding, but not quick, process.

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

Many opportunities to meet others in the CWB community and gain expertise. See the response to the question about learnings from stakeholders.

Optional Space

Please use this space to elaborate, contextualize, or add any additional info about the details submitted in your report:

There was a lot of information about TA interactions because this report covers activity from the start of receiving the announcement that we were a CWB finalist and this February 2024 report. Future reports will only cover one month and will have a lot less information.