What proportion of Goal 1 overall is complete at this point?
70%
What are the barriers and opportunities for completion that impacted goal 1 in the last month?
PIHCO has successfully established back and forth communication with the northern adjacent property regarding a sale. After offering a generous price range for our offer, the owner rebutted she was looking for something higher. We interpret this as a negotiating tactic, and consulting with the PIHCO members at the Morgan property will maintain our offer and wait it out. The owner of the southern property has still not formally responded to our letter, and our members interpret this as its own form of answer. Members still see and interact with the owner from time to time, so the status may change with time.
What proportion of Goal 2 overall is complete at this point?
20%
What are the barriers and opportunities for completion that you impacted goal 2 in the last month?
What proportion of Goal 3 overall is complete at this point?
20%
What are the barriers and opportunities for completion that you impacted goal 3 in the last month?
We discussed with our Morgan members the possibilities for interaction between the two adjacent properties should we be able to acquire it. This includes the possible inclusion of the new property into the Chicago Housing Land trust to mitigate property tax costs that make affordability a serious challenge.
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)
Somewhat 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.
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 |
4 |
|
Cooperative Development and Operations |
3 some ability |
|
Education & Training |
4 |
|
Fundraising or Raising Capital |
4 |
|
Governance / Legal |
3 some ability |
|
Marketing & Communications |
4 |
|
Other |
N/A |
|
Project Management |
4 |
|
Real Estate Acquisition & Development |
3 some ability |
|
Relationship Building |
5 extensive 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?
N/A
What opportunities, if any, did the organization take advantage of related to its Pre-Development Project?
The biggest opportunity that presented itself were the bilateral communications between the north property owner and our project manager Docia Buffington. We made a strategic stance with our offer and are confident that the right opportunity may present itself with more time. We’ve also been engaged in conversation with the Chicago Housing Trust about incorporating the new property into the CHT.
Please use this space to elaborate, contextualize, or add any additional info about the details submitted in your report:
