Crain’s Chicago Business: “A Renewed Chatham?”

Crain’s Chicago Business: “A Renewed Chatham?”

 

Earlier this summer, local officials kicked off the Greater Chatham Initiative, a multi-year, $1.5 million-plus campaign to restore Chatham. Spearheaded by Rep. Bobby Rush (D-IL, 1st District), the Greater Chatham Initiative--which will include projects in Chatham, Auburn Gresham, Greater Grand Crossing, and Avalon Park-- is designed to “set them on an upward path in the 21st century economy […] enhancing these communities as places of opportunity and choice”, according to a statement released from Mayor Emanuel’s Press Office.

The Greater Chatham Initiative’s operations will be managed by executive director Nedra Fears, Chatham native and Kellogg MBA who has worked on non-profit community development projects for much of her career. The Initiative’s efforts will focus on operating a new workforce center that will train and place residents in jobs as well as rehabbing nearby apartment buildings. Read more at Crain’s Chicago Business here.


The success of these projects would benefit the Greater Chatham economy, where Urban Partnership Bank is headquartered and make many of their loans to local real estate developers, small business owners, and community-based organizations. If the Initiative’s projects are successful in Chatham, we can expect increases in employment, local commerce and real estate values, fueling even more economic opportunities for residents and business owners.


http://www.chicagobusiness.com/article/20160629/BLOGS02/160629824/a-renewed-chatham-1-5-million-drive-begins-to-bring-back-its-glory

 

We are committed to working with stakeholders to make a difference for people of all ages in the neighborhoods we serve.

- William Farrow
Former President and CEO, Urban Partnership Bank