Neighbors and project partners gathered Friday at East 118th Street in Roseland to celebrate the newest homes built under the community-led campaign Reclaiming Chicago.The Hope Center Foundation and Chicago Neighborhood Initiatives, partners in the campaign, held a ribbon cutting for 10 homes in the South Side neighborhood. Four of the properties are under contract and five potential buyers have been referred to lenders, according to the Hope Center.With phase two in Roseland complete, this brings the total number of homes built under Reclaiming Chicago to 90. The campaign’s mission is to build 2,000 homes across the South and West sides to help combat decades of disinvestment.“What makes this effort distinct is its alignment. It brings together residents, faith institutions, developers, nonprofits, lenders, government and policymakers … around a shared goal to produce housing at scale with intention — and at a price point that working families can realistically attain,” Shenita Muse, executive director of the Hope Center, said. “This is how we rebuild and strengthen neighborhoods, and this is how we ensure that revitalization includes the very families who have remained committed to these communities.”Reclaiming Chicago, led by the civic coalition United Power for Action and Justice, has raised $52 million to build homes and offer subsidies to buyers. Buyers of the Roseland homes are receiving about $50,000 in down payment assistance, according to Jessica Caffrey, executive director of the Cook County Land Bank Authority.Many of the three-bedroom homes are on the same block where 11 properties from the first…

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Neighbors and project partners gathered Friday at East 118th Street in Roseland to celebrate the newest homes built under the community-led campaign Reclaiming Chicago.The Hope Center Foundation and Chicago Neighborhood Initiatives, partners in the campaign, held a ribbon cutting for 10 homes in the South Side neighborhood. Four of the properties are under contract and five potential buyers have been referred to lenders, according to the Hope Center.With phase two in Roseland complete, this brings the total number of homes built under Reclaiming Chicago to 90. The campaign’s mission is to build 2,000 homes across the South and West sides to help combat decades of disinvestment.“What makes this effort distinct is its alignment. It brings together residents, faith institutions, developers, nonprofits, lenders, government and policymakers … around a shared goal to produce housing at scale with intention — and at a price point that working families can realistically attain,” Shenita Muse, executive director of the Hope Center, said. “This is how we rebuild and strengthen neighborhoods, and this is how we ensure that revitalization includes the very families who have remained committed to these communities.”Reclaiming Chicago, led by the civic coalition United Power for Action and Justice, has raised $52 million to build homes and offer subsidies to buyers. Buyers of the Roseland homes are receiving about $50,000 in down payment assistance, according to Jessica Caffrey, executive director of the Cook County Land Bank Authority.Many of the three-bedroom homes are on the same block where 11 properties from the first…

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