CCWBE Report

Organization:
La Villita Housing Cooperative
Reporting Period:
Oct 2024
Submitted on:
October 31, 2024
Submitted By:
Robin Semer

Pre-Development Projects

Project Goals

What proportion of Goal 1 overall is complete at this point?

60%

What are the barriers and opportunities for completion that impacted goal 1 in the last month?

Spent time looking at potential buildings to buy. Currently requesting site control for a building on Cermak and Kedzie. Began working with the UC legal clinic to finalize our by-laws, which is moving along.

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

40%

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

We found additional building purchase opportunities. Nothing is perfect, we weighed the pros and cons of what is available to us and are pursuing one of our opportunities.

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

10%

What are the barriers and opportunities for completion that you impacted goal 3 in the last month?

We had a major setback for this goal. Due to the severe cuts made to the Chicago Low Income Housing Trust Fund budget, they will not be able to supplement cooperative members for 2025. We will try again for 2026.

CWB Ecosystem

Did you access Technical Assistance for your CWB project last month?

Yes

Have you worked with TA Provider within the Phase I CWEB grantees or outside the Phase I CWEB grantees or Both?

Both

Which TA provider(s) did you work with within the Phase I CWEB grantees?

TA Provider Hours Spent Satisfaction

Chicago Community Loan Fund

1

Somewhat satisfied

Illinois Worker Cooperative Alliance - Seed Commons

1

Neither satisfied nor dissatisfied

Urban Homesteading Assistance Board (UHAB)

3

Very satisfied

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

TA Provider Hours Spent Satisfaction

Chicago Low Income Housing Trust Fund

1

Somewhat dissatisfied

Chicago Rehab Network

12

Very satisfied

UC Legal Clinic

1

Very satisfied

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.

I am sorry that they are over.

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?

7

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?

Our core group of hard workers are getting a bit worn down by how hard it is to find the right building and obtain funding for a project where new challenges come up all the time.

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

We have pursued various leads for a building and may have found one.

Optional Space

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

If we wind up buying the building at Cermak near Kedzie, there will be other challenges. The building is filled with tenants who may not fit our income criteria for membership, even if they would be interested in being part of a housing cooperative.