Community Desk Chicago’s Neighborhood Developers Initiative (NDI) is a $2.7 million investment that will build the capacity of three South and West Side organizations to take on real estate development projects at the local level. The three community-based organizations are Puerto Rican Cultural Center, Teamwork Englewood, and South Shore Chamber Community Development Corporation.
The NDI Approach
Collaborative
Ensuring developments are done not only in communities, but for and by communities – all while penciling out and generating a profit. NDI builds capacity of local leaders to work alongside developers, funders, and investors to ensure that real estate projects succeed.
Customized
Each community’s needs and goals are unique and therefore cannot be met through a cookie-cutter process. That’s why NDI is taking a customized approach – meeting participants where they are to provide the kinds of inputs they need to build on current economic opportunities in their community.
Comprehensive
Too often, community-based organizations must spend precious time patching together myriad resources to reach their goals. NDI aims to be a one-stop-shop for skill development, project vetting, seed money, and relationship building with funders and investors – all required for success in real estate development efforts.
The NDI Supports
Building Knowledge
NDI will provide structured learning, coaching, and technical assistance focused on building knowledge around real estate development and creating the necessary plans to be successful. This includes calibrating existing operations to support development activities, creating a staffing plan and new legal structure(s), and outlining development strategies.
Advancing Development
Building off their training and community knowledge, NDI will help participants define their development role to support implementation of existing community plans and other emerging development efforts focused on community ownership.
Providing Seed Capital
NDI will assist organizations in launching their development plans with support for at least one actual project, which will include both seed capital as well as funding to support a development staff person for two years.
The NDI Leaders
NDI focuses on both organizations as well as the leadership of those organizations. Meet the leaders participating in our collaborative, customized, comprehensive training approach.
How Can You Get Involved?
Community Leaders
Looking for guidance on how to move your project from vision to reality? Need advice on how to better connect with funders and investors? We can provide a sounding board to bring your plans to the next stage of development.
Funders & Investors
Looking for a great project that advances greater equity and community goals? Reach out to us to hear about great projects that meet your goals.