Social Ecosystem for 2- to 4-Unit Buildings in Woodlawn

Case Study and Strategic Plan

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Fannie Mae Foundation–”Chicago Community Loan Fund”

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Fannie Mae Foundation–”Chicago Community Loan Fund”

Posted on September 4, 2013 by Rance

CCLF–”Lending”

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CCLF–”Lending”

Posted on September 4, 2013 by Rance

Profit From Rentals–”Chicago #1 for cash flow”

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Profit From Rentals–”Chicago #1 for cash flow”

Posted on September 4, 2013 by Rance

NHS of Chicago–”Neighborhood Housing Services of Chicago”

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NHS of Chicago–”Neighborhood Housing Services of Chicago”

Posted on September 4, 2013 by Rance

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Recent Posts

Introduction to Strategy
Lower rents to HCV landlords through demonstrating non-compliance with "rent reasonableness"
Create alternative to short sales through Land Bank
Invest in commercial retail at 63rd and cottage including grocery store, coffee shop, dry cleaners, bakery and restaurants
Exchange sale of property to land trust for stable property taxes

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November 2013
September 2013
August 2013

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availability of and attainment of down payment and subordinate loans for owner-occupant purchases of two- to four-unit buildings in Woodlawn.
bigger housing units
Blog Post
Book
Book Section
Conference Paper
Document
Fewer Short Sales
Goal I: Stabilization
Goal II: Advocacy
Goal III: Loan Fund & Financial Assistance
Goal IV: Assistance and Counseling
Goal IV: Develop Responsibly
Introduction
Introduction
Journal Article
Literature Review
Magazine Article
Media
Methodology
More acquisition/rehab loans for owner-occupants
More Stable Property Taxes
Motivation for Study
Newspaper Article
Objective I-C. Fewer Developable Vacant Lots
Objective I-D. Fewer
Objective II-A: More organizations specializing in two- to four-unit buildings
Objective II-B: Fewer properties composed 100% by Housing Choice Voucher residents
Objective II-C: Higher quality of life and stronger market appeal
Objective II-D: More sources of funding for smaller buildings
Objective III-B. More interest in
Objective III-C. Greater access to renovation loans for two- to four-unit buildings in Woodlawn
Objective IV-A. Greater access to pre-purchase and consumer credit counseling in Woodlawn
Objective IV-B. Greater access to technical assistance in the design and build process for two- to four-unit buildings
Objective IV-C. More participation of both owner-occupant and investor owners of two- to four-unit buildings in landlord management training and certification
Objective V-A. More steering of development jobs to residents and tenants
Objective V-B. More rental housing for low-income households (60-80% AMI) that incorporate pathways to homeownership
Objective V-C. More financial capital for strong developers of rental two- to four-unit buildings
Objective V-D. More retail amenities
Plan
Presentation
Report
S.A.L.A.D.
Site Concept & Updates
Strategy
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