Creating Affordable Housing: The Efforts of Chicago Faith-based Organizations
Creating Affordable Housing The Efforts of Chicago Faith-based Organizations
Join us for an exploration of how faith-based organizations are working to transform their own real estate and Chicago’s vacant properties into attractive and affordable housing communities. This webinar will examine practical strategies, real-world case studies, and partnership models that enable congregations and faith-based Community Development Corporations to address aspects of the city's affordable housing challenge.
In this session, you'll discover:
- The motivation driving faith leaders to pursue housing development
- Lessons learned from Chicago faith-based organizations that have successfully developed affordable housing units, from single-family homes to multi-family complexes
- And practical strategies for overcoming the three major barriers to such work: complex financing and capital-stack assembly, technical knowledge gaps in real estate development, and creating partnerships with developers.
Who should attend:
Anyone interested in faith-based community partnerships for affordable housing, including faith-based organization leaders, community development practitioners, municipal officials, affordable housing developers, Community Development Financial Institutions, other financial institutions, and philanthropic organizations.