Description
Partners
● Chamber of Commerce
● The Chicago Housing Initiative
● The Pilsen Alliance
● Chicago Coalition For The Homeless
● Resurrection Project
● One Northside
● Spanish Coalition for Housing
● Center for Changing Lives
● Poverty & Race Research Action Council
● Here to Stay Community Land Trust
Strategy
Strategies to Reduce Racial Disparities | Organization(s) Responsible |
Social media campaign and Community Outreach | Chicago Coalition For The Homeless |
Lifting ban on rent control | The Pilsen Alliance |
Financial Literacy Classes | Resurrection Project |
Has Fair Housing lawsuit against city Campaigns | The Chicago Housing Initiative |
Empowering residents to achieve equitable livelihood | Chamber of Commerce |
Providing senior homeowners with affordable electrical, plumbing, and carpentry repairs | Upkeep and Repair |
Key Factors
Limiting/Negative Factors (Factors pushing the trend down)
● Displacement of minority families through mortgage/rent/price increase.
● Loss of affordable housing.
● Community conflict with new residents and businesses.
● Homelessness.
● Loss of social diversity.
● Loss of culture and sense of community.
● Housing demand in surrounding poorer areas
Positive Factors (Factors pushing the trend up)
● Less Gang violence
● Cleaner and Nicer-looking communities
● New Housing opportunities
● Commercial development
● Lower crime rates
● Increase in property values
● New options for food and retail outlets
● Better served communities
● Better schools
Factors creating disparities
● Lack of Financial Literacy
● Knowledge of gentrification
● The Pandemic
● Environmental injustice
● “Affordability Gap”
● High property taxes
● Education status
● Family size
● Household income
● Race and ethnicity
Priority Factors
● Proximity to rich neighborhoods
● Family structure
● Policies in place
● Foreclosure
● Deportations of heads of households
● Current home owners are selling their homes to higher class that can triple the rent profit.