Community Investment Corporation

We’ve just closed on another successful project—a 6-unit property in the Fuller Park/Back of the Yards neighborhood. Thank you to Chaston Montgomery, MBA, our dedicated loan officer, for his key role in making this happen. If you’re ready to dive into your next project, give us a call today! www.cicchicago.com

Another successful closing in the Austin neighborhood - if you're looking to start your next project, reach out to us today! www.cicchicago.com

Another successful closing - 6 units in Little Village! If you’re ready to start your next venture, give us a call today! www.cicchicago.com

Wells Fargo’s Open for Business Fund supports small businesses hardest hit by economic disruption from the pandemic. Community Investment Corporation (CIC) was one of 200+ organizations selected to expand access to capital and expertise. Today, we celebrate the impact of working together. https://bit.ly/4dl4j2j

Mark Your Calendars! Join us this August for CIC's exciting Property Management Training Events! Whether you're a seasoned pro or just starting, our sessions are designed to equip you with the skills and knowledge you need to succeed. Don't miss this opportunity to learn, grow, and network with fellow professionals! Thursday, August 8, 12 pm to 1 pm - Lunch & Learn: How To Help Residents Avoid Evictions Wednesday, August 14, 12 pm to 1 pm - In-Person Eviction Court Observation & Debriefing (PMT) Tuesday, August 13, 7 pm to 8 pm - CIC Book Club Series #4: Real Estate 100: The Teen and Millennial Investment Blueprint Tuesday, September 3 - October 15, 7 pm to 8 pm - CIC Book Club Series #5: CIC Book Club Series #5: The SouthSide: A Portrait of Chicago and American Segregation Save these dates and enhance your property management skills and knowledge. Register here: https://bit.ly/3SSpMVr

Thank you to our Sustaining Member Community Investment Corporation for hosting our Board Members for a tour to view their #affordablehousing projects in the Woodlawn neighborhood of Chicago in collaboration with Preservation of Affordable Housing, Emerald South Economic Development Collaborative, and EBM Equity. We are proud of the great work they continue to do as leaders in affordable housing and neighborhood revitalization! 

Absolutely thrilled to represent Community Investment Corporation on Mayor Johnson's Cut the Tape Task Force!

We wrapped our 3rd installment of Community Investment Corporation’s Property Management Training Book Club Series with the conclusion of our reading of "Making Mexican Chicago: From Postwar Settlement to the Age of Gentrification" by Mike Amezcua. Here’s what attendees had to say:   --The book club surpassed my expectations. --The perspectives shared piqued my interest to explore further. --I’m so looking forward to re-reading this book next year w/ others. --Be prepared for a safe, kind, respectful, thoughtful discussion about things that matter. --Come on, join! Truly a welcoming environment. ********** We discussed the “ethnic succession” of neighborhoods, Ashland Avenue as a rigid racial boundary line, the “racialized weaponization of zoning” and much more. We also covered questions like: ==>What experiences have you had (or have you heard of) reflecting the perception that Chicago recognizes questions about race primarily through the lenses of black and white? ==>As more Mexican American renters in the 1970s taught themselves what it took to successfully manage properties so they could apply pressure to slumlords of the day, more and more chose to buy rental properties of their own. How has the emergence of a new class of Mexican American rental property owners shifted the power dynamic in communities like Pilsen and Little Village? ==>Do you believe desarrollo sin desplazamiento (development without displacement) is possible? If so, what are your suggestions for how to make it successful? ==>What is your opinion about the relationship between tourism and neighborhoods like Pilsen and Little Village? Do you believe the fascination of those who live outside these communities does more harm or more good? ==>How has the landscape of Chicago changed since the early 1970s to reflect the culture and economic power of the Mexican American community? A huge thank you to our co-sponsors for this reading, Miguel Chacon of Latino Real Estate Investors Council and Emilio L Carrasquillo of Spanish Coalition for Housing (SCH). Thanks for helping us make this an insightful and engaging conversation! ********** CIC book club readings: 1st installment: Think and Grow Rich by Napoleon Hill (Jan-Feb 2024) 2nd installment: The Only Woman in the Room: Knowledge and Inspiration from 20 Women Real Estate Investors by Ashley Wilson (March-April 2024) 3rd installment: Making Mexican Chicago: From Postwar Settlement to the Age of Gentrification by Mike Amezcua (May-June 2024) If you would like to learn more about our next reading of this title or other programming to support independent rental property owners, please click this link: https://lnkd.in/gd55VjsJ #MakingMexicanChicago #Pilsen #LittleVillage #gentrification #bookclub

Congratulations to Stacie Young, CIC President & CEO, on being selected for membership on the inaugural Federal Housing Finance Agency (FHFA) Advisory Committee! Stacie joins 19 other members from across the nation who will advise on how FHFA regulated entities Fannie Mae, Freddie Mac, and the Federal Home Loans Banks can best serve communities through housing finance and community investment. We are thrilled to have Stacie represent the affordable rental industry, CDFIs, and Chicago neighborhoods through her engagement with the Committee. https://bit.ly/3RJabtG

Join us on June 6th for the Deep Dive featuring Andre Collins on the "When to Ask and Expect Equity" panel. Andre oversees commercial multifamily and single-family acquisition and disposition strategy for Community Investment Corporation (CIC) and its affiliate Community Initiatives Inc. (CII). With over 20 years of experience in real estate, he has managed projects worth over $1 billion, including the redevelopment of Chicago Housing Authority’s ABLA Homes into Roosevelt Square. Recently, Andre launched the Community Equity Partner Fund (CEPF) to support BIPOC developers. Deep Dive Ticket Link: https://bit.ly/44SByqd #DiversityInRealEstate #CommercialRealEstate #Networking #Collaboration #RooseveltUniversity #DDC24