Community Ventures Program (CVP) Invests in Veterans Housing

Categories: CVP
JCUA is excited to announce its newest CVP investment: the Roosevelt Road Veterans Housing Project, a 90-unit facility for veterans experiencing homelessness and veterans with disabilities. CVP provided a no-interest $100,000 loan to A Safe Haven to cover a portion of the predevelopment costs associated with the construction of this building in the North Lawndale …

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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 …

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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 …

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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 …

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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. …

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