CCWBE Report

Organization:
La Villita Housing Cooperative
Reporting Period:
Jul 2024
Submitted on:
August 5, 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?

This month we produced a job requisition solicitation for the project management position and look forward to evaluating resumes. We hope to contract with the selected individual next month. We have reviewed and added to our by-laws and hope to have them finalized when the UIC law clinic is re-activated this summer-fall.

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

30%

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

This month we viewed two buildings we want and were interested in purchasing one of them. However, a number of offers were made for the building and our funding was not in place adequately to make an offer.

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?

We still need to get commitments for the financing we expect to receive for low income people to join the cooperative.

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

The Resurrection Project

1

Very satisfied

Urban Homesteading Assistance Board (UHAB)

1

Very satisfied

Chicago Community Loan Fund

1

Very satisfied

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

1

Very satisfied

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

TA Provider Hours Spent Satisfaction

Center for Shared Ownership

4

Very satisfied

Chicago Community and Workers Rights

1

Very satisfied

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?

11

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

2

Organizational Capacity

Service / Capacity

Service Capacity

Accounting & Financial Management

4

Advocacy

5 extensive ability

Conflict Resolution

2

Cooperative Development and Operations

3 some ability

Education & Training

4

Fundraising or Raising Capital

3 some ability

Governance / Legal

3 some ability

Marketing & Communications

3 some ability

Other

N/A

Project Management

4

Real Estate Acquisition & Development

3 some ability

Relationship Building

4

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 need to be ready with financing when a building becomes available because decent buildings do not stay on the market very long.

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

We have established regular bi-weekly meeting times with UHAB and have taken TRP up on their offer to present to the community about joining cooperatives, share loans, etc.

Optional Space

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