Community Development

News in “Community Development”

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Starbucks Partners with MacArthur Grantee to Support Community Development Lenders

In a partnership with the Foundation-supported Opportunity Finance Network, Starbucks will provide capital grants to select Community Development Financial Institutions. Read More

Mercy Housing Foreclosure-Prevention Program Launched in Chicago Area

Mercy Housing has launched a new program with $100 million in unused Troubled Asset Relief Program money to slash loan balances to affordable levels on Chicago-area homes that are worth less than their debt. Read More

Wachovia NEXT Awards Honor Two Community Development Financial Institutions

Coastal Enterprises, Inc. in Wiscasset, ME and The Progress Fund in Greensburg, PA. are the recipients of the 2009 Wachovia NEXT $8.25 million Awards. Read More
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First Round of Winners of Apps 4 Metro Chicago Announced

Apps 4 Metro Chicago, the first ever regionally-based open data civic apps challenge, announced the first round of winners. Read More

New Data Show Logjam in Chicago Area Foreclosures

According to MacArthur grantee the Woodstock Institute, Chicago region foreclosures are taking longer to complete in 2011 than in 2010. Read More

Chicago Launches New Program to Combat Foreclosures

The City of Chicago has launched a new initiative to prevent foreclosures and stabilize property values in Humboldt Park, Chatham, Chicago Lawn, West Woodlawn, Auburn Gresham, West Pullman, Belmont Cragin, Englewood, and Grant Boulevard. Read More

Four CDFIs Vie for $8.25 Million in Awards for Responsible Financing Strategies

The Wachovia Wells Fargo NEXT Awards for Opportunity Finance offers the awards in partnership with MacArthur. Read More

Grantees Launch Innovative Foreclosure Prevention Program

The U.S. Treasury has approved the launch of the Mortgage Resolution Fund developed by Mercy Portfolio Services, a nonprofit organization created with start-up funding from the Foundation. Read More
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The Interrupters

This MacArthur-supported film follows three violence interrupters, members of CeaseFire, who have credibility on the streets because of their own personal histories, as they try to protect their Chicago communities from the violence they once employed. Read More
Thumbnail for Successful Program Keeps People in Their Homes, Avoiding Foreclosure

Successful Program Keeps People in Their Homes, Avoiding Foreclosure

Boston Community Capital — a community development financial institution — has been leading a successful effort to purchase foreclosed homes and sell them back to the original occupants through their Stabilizing Urban Neighborhoods program. Read More

Report Finds Importance of Utility Usage Data In Efforts to Reduce Energy Consumption and Housing Costs

Living Cities today formally announced the release of a study analyzing whole building utility usage databases for the nation’s multifamily housing stock. Read More

Apps for Metro Chicago Illinois Competition Launched

The first ever regionally-based open government software challenge — Apps for Metro Chicago Illinois — was launched in Chicago. Read More

Increasing Digital Access in Chicago Neighborhoods

The MacArthur-supported Smart Communities program works to increase digital access and use by families, businesses, and other institutions in five moderate- and low-income Chicago neighborhoods. Read More