Community Development

News in “Community Development”

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LISC Expands Centers To Aid Low-Income Families

The Local Initiatives Support Corporation is expanding its Financial Opportunity Centers by bringing them to new cities, new neighborhoods in cities with existing Centers, and expanding some Centers. Read More

New Program for Youth Seeks to Prevent Summer Violence in Chicago

The City of Chicago and Cook County launched One Summer Chicago, an initiative to provide kids an expanded array of summer programs, keep them off the streets, and prevent youth violence. Read More

Completed Foreclosure Auctions Increase in Cook County

A new report by the MacArthur-supported Woodstock Institute finds that foreclosures continue to rise from the fourth quarter of 2010 to the first quarter of 2011. Read More

9 Groups Receive Grants for How Housing Matters to Families & Communities Program

Boston College (2010) Brown University (2010) Harvard University (2010) Mayor's Fund to Advance New York City/Department of Housing Preservation and Development (2010) New York University (2010) RAND- Social Networks (2010) University of Chicago (2010 ... Read More

MacArthur Awards $5.6 Million to Support Research on How Housing Matters to Children, Families, and Communities

Recipients will mine and connect existing data sets, such as the U.S. Census and school statistics, in new ways to reveal insights into the effectiveness of housing policies and related public programs. Read More

Ownership of Vacant Homes in Foreclosure Process Often Unclear, Poorly Maintained

New research from the Woodstock Institute finds that the ownership of vacant homes in the foreclosure process is often unclear, and they are likely to be poorly maintained. Read More

Foreclosures May Cost Chicago $36 Million

The city's more than 18,000 abandoned foreclosures and unregistered vacant homes may be costing Chicago as much as $36 million, according to a new report by the Woodstock Institute, a MacArthur grantee. Read More

Innovative Public-Private Partnership Introduces $100 Million Program to Preserve Affordable Rental Homes

An innovative partnership to finance the preservation of federally-subsidized rental housing in underserved markets brings together major financial institutions, philanthropy, and the federal government. Read More

Reducing Violence on Chicago's Streets

To help reduce shootings and homicides, Chicago police will hold accountable entire gangs even if only a single member is suspected of a violent offense. Read More

Urban Revitalization Initiative Targets Regions with Barriers to Opportunity

MacArthur grantee Living Cities, a nationwide collaboration of 22 major foundations and banks dedicated to urban revitalization, launched a new effort to help five regions tackle barriers to opportunity for low-income residents. Read More

Opportunity Chicago Helps 5000 CHA Residents Find Jobs

Opportunity Chicago, a MacArthur-supported workforce development initiative for Chicago public housing residents, has helped more than 5,000 people find employment, according to a new report. Read More

President Signs Bill Creating New Consumer Financial Protection Agency

MacArthur grantee the Center for Responsible Lending played a lead role in the formation of the Bureau, which will put in place comprehensive mortgage protections and help borrowers facing foreclosure. Read More

Wachovia Wells Fargo NEXT Awards for Opportunity Finance Awards Two Outstanding CDFIs $8.25 Million

Boston Community Capital and Enterprise Cascadia were each recognized as two of the nation's top-performing community development financial insitutions. Read More

Chicago's Public Housing Transformation

According to a new report by researchers from the Massachusetts Institute of Technology, Chicago's controversial efforts to overhaul its public housing have showed gradual improvement Read More