Community Development

News in “Community Development”

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MacArthur Commits $68 Million to Foreclosure Prevention and Mitigation in Chicago

To help combat the growing lending crisis and the rise of foreclosures in Chicago, MacArthur is investing $68 million in grants and low-interest loans in foreclosure prevention and mitigation efforts in local neighborhoods. Read More

Remarks by Jonathan Fanton at the Announcement of the Foreclosure Prevention & Mitigation Project

MacArthur President Jonathan Fanton details the Foundation's commitment of at least $68 million dollars to keep homeowners in homes, assist renters displaced by foreclosure, and help the City of Chicago return foreclosed homes to the ... Read More

Remarks by Jonathan Fanton at the International Commission on Education for Development Professionals

MacArthur President Jonathan Fanton unveils the Foundation's $15 million commitment to create 2-year Master’s Programs in Development Practice at up to 12 universities worldwide. Read More

“Find Your Place in Chicago” Program

Mayor Daley and private and public sector partners announced the package of financial incentives and initiatives aimed at helping buyers save money on the purchase of a home in which the city has invested. Read More

Remarks by Jonathan Fanton at the “Find Your Place in Chicago” Launch

MacArthur President Jonathan Fanton announces The Partnership for New Communities' $1 million commitment towards stimulating sales in mixed-income developments throughout Chicago. Read More

Project Seeks to Cut Recidivism Among Former Prisoners

With two-thirds of former prisoners in Illinois convicted of another crime within three years of their release from prison, the state's comprehensive program seeks to cut this number dramatically. Read More

Support for 2016 Chicago Olympic Games

The 2016 Olympics Fund for Chicago Neighborhoods, to which MacArthur contributes, announced its first phase of grantmaking, awarding $415,000 to eight organizations. Read More

Beyond the $10 Million Milestone in Supporting Chicago Neighborhoods

The Partnership for New Communities announced that it has surpassed the $10 million milestone in grants benefiting Chicago neighborhoods. Read More

Ohio Sets Cap on Payday Loan Interest Rates

Ohio Governor Ted Strickland signed legislation that will cap interest rates on payday loans to 28 percent, compared with current rates that approach 400 percent. MacArthur grantee the Center for Responsible Lending provided technical assistance, research ... Read More

New Milwaukee Initiative Modeled on New Communities Program

Philanthropist Joseph Zilber announced a new 10-year, $50 million initiative in Milwaukee that is explicitly modeled on the New Communities Program (NCP) in Chicago, which is supported by the Foundation through LISC. The new initiative will ... Read More

Improving the Lives of Chicago Residents

The Chicago Community Trust, metropolitan Chicago’s community foundation, announced a grant of $10 million from MacArthur. Read More

President Signs Second Chance Act

President Bush signed into law the Second Chance Act, which includes several recommendations regarding prisoner reentry suggested by MacArthur grantee the Council of State Governments Justice Center. Read More

Bolstering Success of Chicago Middle-School Students

A program to increase the success of middle-school students in Chicago and bolster their chances of graduating high school was announced at an event at the Orozco Community Academy. Read More

Remarks by Jonathan Fanton at the Announcement of the Integrated Services in Schools Program

MacArthur President Jonathan Fanton discusses the Foundation's partnership with the Local Initiatives Support Corporation to help foster positive change in Chicago's poor but promising neighborhoods. Read More

“Getting it Done: New Tools for Communities,” Remarks by Jonathan Fanton at the LISC National Conference

MacArthur President Jonathan Fanton discusses how to tap the significant economic and human potential of urban neighborhoods. Read More