CCWBE Report

Organization:
La Villita Housing Cooperative
Reporting Period:
Jun 2024
Submitted on:
June 30, 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 not felt the need for a hired person at this time and for that reason have not spent money on personnel. We have reinforced the organization with a strengthened working group structure. Community members are part of our working groups, working on issues such as welcoming new members, improving our environment for new community members; documents; and institutional relations. . Therefore, while we are 40% done with the goal, we are not yet 40% done with the money within this goal.

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

50%

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

We are in the process of making that change.

What proportion of Goal 3 overall is complete at this point?

40%

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.. We have been looking at buildings but have been hampered by not having a lender preapproval letter. We are working to rectify this.

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

Very satisfied

The Resurrection Project

2

Very satisfied

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

2

Very satisfied

Urban Homesteading Assistance Board (UHAB)

1

Very satisfied

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

TA Provider Hours Spent Satisfaction

NA

1

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?

Knowledge
Community Building

Please share any comments about the working group meetings.

Last month's comment is still true.

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?

16

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

0

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?

As often is the case, several people do most of the work. With working groups, we are increasing the number of active workers.

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

We have taken advantage of UHAB's offer to answer questions, and of Renee Hatcher's willingness to work with us over the summer, even when the clinic is not in session. We have had discussions with TRP and CCLF about possible grant opportunities later this summer.

Optional Space

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

Primary focus at this point is a good pro forma document with sources and uses clearly spelled out. This will help us get a lender to sign a preapproval letter and to view buildings for purchase.