Chicago Neighborhood Inclusive Redevelopment Strategy

Chicago has become a tale of two cities. In most of the City's neighborhoods, income has declined, middle-class residents and immigrants are leaving, and employment opportunities are scarce. Yet the housing burden and the cost of living continue to rise. In this paper, Delta proposes to work with low- and moderate-income communities to create the Chicago Neighborhood Land Bank and Trust (CNLB&T). CNLB&T can create the capacity for member communities to manage their own redevelopment to achieve equity by building agency, assets, and opportunities for their residents.