Watch Senior Economic Justice Correspondent Oscar Perry Abello in conversation with Angela Dowell, Chief Financial Officer at Chicago Community Loan Fund — the latest in Next City’s Bottom Line Conversations webinar series. In our last edition of Bottom Line Conversations, we talked about how the landscape for community-controlled real estate has changed (or not changed). One theme that emerged was the tension of perceived versus actual risk. For a project that is community-owned, or perhaps more broadly a project where the developer or sponsor is something or someone who doesn’t have as much experience or a large portfolio, what does it take for a lender to finance a project responsibly under those constraints? What can other institutions, like local government, local private investors or the federal government do to change the way lenders on the ground work with “riskier” projects? We’ll dive further into that conversation with Angela Dowell. As ch
Senior Economics Correspondent Oscar Perry Abello talks with Angela Dowell, chief financial officer at Chicago Community Loan Fund, about what it takes for lenders to get more creative and take on projects by new or emerging developers or community-ownership models that can be perceived as riskier.
Leadership Greater Chicago names 2022 Class for Signature Fellows Program Leadership Greater Chicago logo Courtesy of Leadership Greater Chicago
Leadership Greater Chicago recently announced the 2022 Class of its Signature Fellows Program.
This select group of 50 accomplished and diverse individuals represents a cross-section of professionals from the corporate, nonprofit, government and education sectors. With the city as their classroom, participants are immersed in major socioeconomic issues facing the community and build connections that facilitate solutions.
The 2022 Class will commence following more than a year of unrest in our country where we faced continued social injustice followed by the largest anti-racism movement in our history, all during a global pandemic, said Maria Wynne, LGC Chief Executive Officer. Developing civic leaders is critical today in achieving equity in our criminal justice, healthcare, and education systems, and in the