Please provide a brief update on your progress toward your proposed CWB goals in the last reporting period:
The Resurrection Project continues to work on finalizing its share loan product. In February, The Resurrection Project produced 4 education workshop curriculums to prepare for the launch of our educational and info workshops for current and prospective cooperative housing members. We also continue to engage with our partners and stakeholders to be sure we are up-to-date and informed about our shared progress. Finally, we recently learned that we will be partnering with the City of Chicago to administer Track 1 of its Shared Equity Investment Program. This is not public and will be announced once we are further along in the contracting process.
What constraints or limitations, if any, did you experience in the last reporting period?
We didn’t encounter any barriers aside from the development of the share loan product. During this time, we zoomed into the educational components. We continue to participate in the UHAB Incubation sessions and stay connected to our partners, stakeholders, and colleagues.
What opportunities, if any, did you take advantage of in the last reporting period?
We had the opportunity to initiate conversations regarding the educational Co-op workshop content with the help of Robin Semer and Mark Smithivas. Irma Figueroa and Jose Lepez from our lending department participated in the incubation session. Due to scheduling conflicts, we had to miss the rescheduled incubation session scheduled for 2/26/2024. Despite this absence, we remain committed to the incubation series and consulting with professionals who can help us structure the content effectively and culturally relevant. We also attended the CWB Housing Cooperatives with Long-Cooperative Term Affordability monthly working session and the Housing Taskforce meeting on 2/29.
Did you establish new CWB relationships/partnerships in the last reporting period?
Yes
Please describe the relationships you established pertaining to your CWB work.
Yes, we worked with Anya Irons from UHAB, Jeffrey Leslie from UofC Law, Docia Buffington, Linda Lutton, from PIHCO, Richard Stillman and Miranda Alexander from the UIC Law Clinic, Steven Miller, Kevin Jackson from Chicago Rehab, Calvin Holmes from CCLF and Rachel Johnston from Chicago Rehab. We convened with the group of experts to discuss TRP/PIHCO/UofC Law to review loan documentation, with a follow-up meeting to come in March. We also worked with these partners for training on the housing cooperative with long term affordability working session.
Did you collaborate with other TA providers in the last reporting period?
No
Which TA provider(s) did you work with?
Please share on behalf of whom / which projects you collaborated with the TA providers above:
Did you attend the Working Group meeting last month?
Yes
How would you rate the usefulness of the working group to your project last month? (on a scale of 1-5)
4
Optional Space
Community Area(s) (select all that apply)
| Community Area | Participants Served in this Community Area |
|---|---|
| South Lawndale | 1 |
Race / Ethnicity of Participants (select all that apply)
Gender identity of Participants (select all that apply)
Age Range of Participants (select all that apply)
How many sessions of one-on-one consulting to Limited Equity Housing Cooperatives (LEHCs) did you conduct this reporting period? (e.g. one group or individual with one training provider)?
1
How many group workshops for Limited Equity Housing Cooperatives did you conduct this reporting period? (e.g. convenings, workshops, events, etc.) 
0
How many hours of support to CWB Pre-Development Limited Equity Housing Cooperatives did you provide this reporting period?
0
How many hours of support to existing Limited Equity Housing Cooperatives did you provide this reporting period?
0
Please list the LEHCs you worked with this reporting period.
What type(s) of Technical Assistance did you provide to LEHCs this reporting period? Select all that apply.
Number of AFFORDABLE housing units preserved or developed this period
0
Number of AFFORDABLE housing units added to the pipeline this period
0
Did you provide education to any LEHCs this reporting period?
No
What are the greatest needs that your LEHC clients/partners expressed in this reporting period?
Access to share equity loan currently available
What are the greatest gaps in service or resources in Chicago's CWB ecosystem?
There is a great need for an in-person practice-based workshop to start absorbing and putting to use the knowledge we are gaining from the UHAB incubator and compliment the incubation sessions with actionable efforts to collaborate and study together with our peers.
Please share any direct testimonials from LEHC clients or storytelling about the impact of your work this period:
Please upload media (document with testimonials, photos, or video links) from LEHC workshops or events held.
Did your organization provide any additional TA support this reporting period that was NOT covered in the previous tabs?
No
