3C Community Profile: Humboldt Park
Take a stroll down the Paseo Boricua corridor on Division Street and it’s easy to see why Humboldt Park is one of Chicago’s most vibrant…
Take a stroll down the Paseo Boricua corridor on Division Street and it’s easy to see why Humboldt Park is one of Chicago’s most vibrant…
For more than 100 years, The Chicago Community Trust has convened, supported, funded, and accelerated the work of community members and changemakers committed to strengthening the Chicago region. From building up our civic infrastructure to spearheading our response to the Great Recession, the Trust has brought our community together to face pressing challenges and seize our greatest opportunities. Today, that means confronting the racial and ethnic wealth gap.
Grant Recipient
Successfully transferring property to an heir is an essential step in creating and maintaining generational wealth. This research projects seeks to measure intergenerational wealth transfer, specifically residential property, in Chicago. We will measure the variation in intergenerational wealth transfer across neighborhoods, identify barriers to successful transmission, suggest potential policy reforms, and design interventions to promote successful transfer of homes across generations. Our analysis will cover all Chicago neighborhoods, and we will pay special attention to low-income owners and communities of color.
Grant Recipient
This request to CCT is for continued partnership with Local Initiatives Support Corporation on the Chicago Neighborhood Development Awards (CNDA). LISC respectfully requests the Chicago Community Trust’s renewed support of $25,000 to sponsor “The Chicago Community Trust Outstanding Community Plan Award” to be presented at CNDA. The winner of the award in 2025 will be selected through a competitive application process led by cross-sector representatives from the region's community development industry. The CNDA event where the award will be presented along with other sponsored awards will be held in June 2025.