CCLBA Bi-Weekly Update | October 24th, 2016
SCARY GOOD SALES! | A BIG THANK YOU & PROPERTIES FOR SALE
On behalf of Executive Director Rob Rose and all CCLBA staff, a big thank you to all community developers, home buyers, and brokers who attended our two informational sessions at Columbus Park and Captain's Hard Time Dining.
The responses to both of these events were absolutely tremendous, and the Land Bank is excited to continue to develop strong community relationships. It was wonderful to see so many people ready and motivated to positively transform our community, brick by brick, house by house.
In addition, the CCLBA has a number of available homes on our website with significantly reduced pricing! To view a complete list of our entire property inventory, please click here for an excel spreadsheet. As always, for more information please visit our website for additional CCLBA news.
VACANT & ABANDONED PROPERTY - WEST PULLMAN INFO SESSION
12339 S. Normal St. | Metcalfe Elementary
October 29, 2016 | 11:00 AM - 1:00 PM
The Community Action Group (CAG), with support from Habitat for Humanity-Chicago, is hosting an information session in West Pullman regarding vacant & abandoned properties in the community. The event will be held Saturday, October 29th from 11 AM -1 PM, and lunch will be provided. A walking tour will follow if weather permits. More information can be found in the flyer located here. Please contact the CCLBA for more information, and we hope to see you there!
CCLBA LAND TRANSACTIONS - MONTHLY MEETING
November 11, 2016 | 10:00 AM - 11:00 AM
108 N. Clark St., 4th Floor, Conference Room A
The Cook County Land Bank Land Transactions Committee convene on a monthly basis to discuss general activities, operations, and policies of the Land Bank. A complete agenda as well as confirmation of the meeting time will be made public 2 days before the date of the meeting, and can be found here.
BACK 2 WORK -
JOB & ENTREPRENEURS RESOURCE EXPO
11901 S. Ashland Ave. | Christ Universal Temple
November 9, 2016 | 10:00 AM - 3:00 PM
The Community Action Group (CAG), with support from Habitat for Humanity-Chicago, are looking for job seekers, business owners, and supportive service agencies on Saturday, November 9th at the Christ Universal Temple. More information can be found in the flyer located here, and either click here to register or go to www.soul-program.com.
GENERAL REHAB GUIDELINES
The following includes important guidelines and procedures that the CCLBA would like every prospective homeowner and developer to know who wishes to do business with the Land Bank.
- Properties must be professionally redeveloped within 12 months of sale in accordance with local municipal building codes and procedures. Rehab process will be supported with periodic monitoring in order to ensure compliance. Quality of craftsmanship will will impact future transactions.
- CCLBA places a soft mortgage on the property to prevent selling without redevelopment. This mortgage will be released prior to the sale to homeowner provided the rehab has been completed.
- CCLBA does not provide financing for the purchase or rehab; however, CCLBA can make a referral to resources that will provide technical assistance & financing.
A one-page pamphlet can be found here, and we encourage everyone to visit our website or call us at (312) 603.8015 for more information on how to engage with the Land Bank.