CIC is pleased partner with the City of Chicago, the Chicago Community Loan Fund (CCLF), the Cook County Land Bank Authority (CCLBA), The Safer Foundation and the CARA Program on the Chicago Neighborhood Rebuild Training pilot program.
Through this $6 million pilot program, supported by MB Financial and Rush University Medical Center, 50 vacant homes located in the Garfield Park, Humboldt Park, and Englewood communities will be acquired and rehabbed. The program also provides opportunities for transitional jobs and training for at-risk youths and ex-offenders. CIC will assist in property acquisition efforts and will identify properties that meet the goals of providing affordable housing and building the capacity of local developers.
CCLF released a Developer Request for Qualifications (RFQ) and is seeking local developers with strong experience in the rehab and sale of single family and two-flat properties, and a familiarity with South and West Side community areas. RFQ responses are due to CCLF on October 9.