JCUA Announces its Newest CVP Loan to LUCHA for the Humboldt Park Residence

Categories: CVP
JCUA is pleased to announce its new Community Ventures Program (CVP) loan to Latin United Community Housing Association (LUCHA). LUCHA received a $100,000 loan to cover a portion of the predevelopment costs for the rehabilitation of  Humboldt Park Residence (HPR), an existing 68-unit single-room occupancy (SRO) development on Chicago’s West Side. JCUA has a longstanding …

Read More

New CVP Loan for Affordable Housing in Englewood

Categories: CVP
JCUA is excited to announce its newest Community Ventures Program (CVP) loan to Interfaith Housing Development Corporation (IHDC). IHDC was awarded a $100,000 loan to cover a portion of the predevelopment costs for Ogden Park Apartments, a 25-unit Permanent Supportive Housing (PSH) facility in the West Englewood neighborhood of Chicago. This development involves substantial rehabilitation of …

Read More

JCUA Provides Two New Zero-Interest Loans to Latinos Progresando and Chicago Neighborhood Initiatives

Categories: CVP
 Community Ventures Program Update: JCUA Provides Two New Zero-Interest Loans to Latinos Progresando and Chicago Neighborhood Initiatives Latinos Progresando (LP), a 20-year old community organization, was awarded a $100,000 CVP loan to acquire and rehabilitate a 9330 sq. ft. facility in Little Village. This will allow LP to expand its services to the community through high-quality, low-cost immigration legal services, technical assistance to small …

Read More

2017 Community Ventures Program Investor Report

Categories: CVP, JCUA Project and Campaign Endorsements
2017 was an exciting year for JCUA’s Community Ventures Program (CVP). With two new loans approved, increased money in the revolving grant fund, a very successful Neighborhood Impact Tour, new CVP staff, and a diverse pipeline of projects, CVP is making a significant impact in affordable housing, and community and economic development throughout Chicago neighborhoods. …

Read More

New CVP Loan to Lincoln Park Community Services

Categories: CVP
We are excited to announce JCUA’s Community Ventures Program has just funded a new $100,000 loan to Lincoln Park Community Services (LPCS) to develop 48 interim supportive housing (ISH) units. The project is part of a 68-unit development that will include an additional 20 units of permanent supportive housing on the same campus. For the past 32 …

Read More