The Office of the Mayor of the City of Chicago issued a press release announcing the City plan to establish a citywide Chicago Community Land Trust to help keep housing in Chicago affordable to lower- and moderate-income households. MacArthur President Jonathan Fanton announced that the Foundation will provide a grant of $396,000 to cover start-up costs for the Trust.
Community & Economic Development
MacArthur has a longstanding commitment to the vitality of Chicago’s neighborhoods and the city and region as a whole. The Foundation supports neighborhood revitalization, prevention of youth violence, and the use of information technology to enhance governance, the social sector, and quality of life. MacArthur is also exploring new ways to understand the challenges faced by cities around the world, and how to plan, manage, and govern to address them.