Community & Economic Development

News Archive

Page 5 of 9. Return to the Community & Economic Development program 

Report Helps Prompt Banks to Modify Overdraft Fees

The Center for Responsible Lending, a MacArthur grantee, released a report on the overdraft fees collected by banks and credit unions, which helped prompt fee modification by some of the nation's biggest banks.

Chicago 2016 and World Sport Chicago Announce Youth Scholarship Program

Chicago 2016 and World Sport Chicago announced the launch of World Sport Chicago Scholars, created to help Chicago youth prepare for and succeed in college.

Helping Communities Revitalize Neighborhoods Hit Hard by Foreclosures

The National Community Stabilization Trust, a new collaborative venture of nonprofit housing organizations, private philanthropies, and financial institutions announced the launch of its national effort.
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Partners in Change - The New Communities Program

In 16 communities across Chicago, the Local Initiatives Support Corporation -- with the help of the MacArthur Foundation -- is leading the nation's largest commitment to comprehensive community development: the New Communities Program.

Foreclosure Filings Continue to Grow in Chicago Region

This report from MacArthur grantee the Woodstock Institute shows that foreclosure filings in the Chicago region continue to grow.

Stabilizing Neighborhoods Hit by Foreclosure Crisis

Mayor Richard M. Daley outlined the city’s plans for using more than $55 million from federal and private sources to revitalize Chicago neighborhoods hardest hit by the national mortgage foreclosure crisis.

Remarks by MacArthur President Jonathan Fanton at the City of Chicago’s Foreclosure Press Conference

MacArthur President Jonathan Fanton describes new Foundation initiatives intended to help stabilize Chicago neighborhoods hard hit by vacancy and foreclosure.
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Edward Glaeser on the Future of American Cities

In a roundtable interview with MacArthur President Jonathan Fanton, Harvard University's Edward Glaeser discusses the future of American cities.

Community Development Banks Gain Access to New Federal Funds

The Treasury Department announced that banks that are certified as community development financial institutions (CDFIs) can utilize funds from the government’s $700-billion financial rescue package.

Helping Chicago Organizations Increase Their International Connections

MacArthur awarded $260,000 in new grants to help diverse Chicago organizations increase their international connections with eight countries.

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.

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 ...
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MacArthur's Commitment to Chicago

To learn more about the MacArthur Foundation's commitment to the city of Chicago, visit http://www.macfound.org.
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Helping Communities in Chicago and the Nation

To learn more about the MacArthur Foundation's efforts to improve urban neighborhoods in Chicago and throughout the country, visit MacArthur's grantmaking in Community & Economic Development.

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Toby Herr of Project Match

Project Match, which helps low-income people overcome obstacles and build pathways to long-term employment in Chicago, was one of eight recipients of the MacArthur Award for Creative & Effective Institutions in 2008.