2015
MAY NEWSLETTER
Affordable Vacations/Staycations
Office pic

Letter from Outreach Director
Teresa Lambarry


Bon Jour! 

Yes, I am practicing the bit of French that I learned back in high school.
This year I am taking the trip of a lifetime with my companion, my granddaughter who is graduating in late May and celebrating her 18th birthday in August.  So I am killing three birds with one stone.  (I don't think I like that metaphor.)  This year I am going all out but in past years I have stayed home and used the days to get acquainted with new things that our beautiful City of Chicago has to offer.  

In this issue, as we look to summer, our newsletter focuses on Affordable Vacations/Staycations. Many of you - including Staff, Board members, and Homeowners - got in on the action and shared your tips and tricks for having fun, affordable staycations and vacations! 

Thanks to all who shared - and I hope you all learn even more - and have a wonderful summer!

Until next month. 
Teresa Lambarry
Board of Directors
Bruce Gottschall
President

Patricia Abrams
Vice-President

Ofelia Navarro
Secretary

Lawrence Grisham
Ex-officio Director

Calvin Holmes
Treasurer

Joy Aruguete
Joel Bookman
Pamela Gecan
Cornelius Griggs
Timothy Hughes
Edward H. Jacob
Rosanna Marquez
Robert McGhee
Guacolda Reyes
William W. Towns
Marva Williams
Jeffrey Wright

Staff
Kara Breems,
Executive Director

Teresa Lambarry,
Outreach Director
CCLT'S Homeowner Tip of the Month
YOU MUST GET APPROVAL FROM THE CCLT:
1.  Any construction that requires a permit.
2.  Refinancing - only with one of the CCLT lenders and CCLT must give its written consent to be able to finalize a refinance.

Click here for a list of the CCLT construction policy as well as a list of updates/repairs that require a City permit.
Next Month's Homeowner's Corner: Share your tips for Security at Home!
Security at Home

We were very pleasantly surprised to hear from so many of the CCLT homeowners with their tips and recommendations on how to take an affordable vacation/staycation.  

For June, share tips on how you stay safe in your neighborhood, and at home? What do you recommend for making your home feel more secure? Do you have any stories to share that might help your fellow homeowners?

Please send me your tips and stories to share no later than Monday, June 15, 2015 - 4:30 p.m.

Remember that all who send in a story or tip will be entered in a raffle for a $25 Home Depot or $20 Target gift card. 
CCLT Staff Showcase
Teresa Lambarry
Outreach Director
Teresa joined the Chicago Community Land Trust in 2007. Ms. Lambarry is primarily responsible for homebuyer education, income qualifying interested buyers, working with IHDA to assumption or payoff subsidies, marketing and post-purchase services. 

Upon her return to Chicago she had a very successful career as a Realtor which helped and inspired her to become a housing counselor.

Prior to joining the CCLT, Ms. Lambarry served as the Program Manager for Spanish Coalition for Housing (SCH) for 14 years.  She developed and administered homebuyer counseling, budget management and foreclosure prevention services and managed and trained a staff of seven housing counselors.   She planned and coordinated the annual Camino a Su Casa housing fair, one of the largest housing fairs in Chicago. 

She is bilingual English/Spanish.

 

CCLT Interview with Teresa Lambarry:

 

Q. Since when have you been involved with the CCLT?

A. Since 2007 when I started as the Outreach Director.

 

Q. Why are you committed to the CCLT?

A. As a Housing Counselor I always supported the City's efforts to create and preserve affordable units for Chicago's working class. When the CCLT was founded in 2006 I was thrilled because I knew that it was exactly what the City needed to keep their units affordable for the long-term.

 

Q. Any advice or words of wisdom for our CCLT buyers?

A. I don't think CCLT homeowners understand the full benefit of being part of the CCLT. They are really all a part of a community which is held together by the CCLT.   The CCLT offers post-purchase workshops many of our homeowners don't take advantage of them. The CCLT staff though, is persistent in our attempt to stay in contact with our homeowners and will continually remind them that we are there for them through thick and thin!

Upcoming Events

For volunteer opportunities please click on Chicago Cares to see where you might lend a helping hand in May.
Your Ward Information
FIND OUT WHAT IS HAPPENING IN YOUR WARD:

Below are links to all the wards were CCLT homeowners are living in.

If you don't see your Ward or if your ward has changed please bring it to my attention.  Use the link to access your Ward newsletter and find out how to engage in your own community.

Featured Article:  Jet-Setting on a Shoestring

By Ed Finkel

 

If your budget can't include Disney World, consider something close-or a "staycation"

 

So you're looking for somewhere to take the kids, or just yourself, but this year's budget is a bit too tight to consider jet setting to other parts of the country, or beyond? One needn't journey too far to take in sights, have fun or just relax.

 

Aurora Cruz, who spoke recently at the behest of the Greater Auburn Gresham Development Corp., mentioned Michigan City, Ind.; Galena, Ill.; and Lake Geneva, Wis., as nearby places she's visited that don't have to blow a hole in your budget.

 

"My goal is to encourage and inspire people to travel even if it's a small trip and to show them how to look for deals," Cruz told DNA Info. "I just want to encourage them to think outside of the box and not necessarily think 'OK, I just want to go to Vegas,' but think of something that might be closer, but it wouldn't cost as much money," she said.

 

Indiana Dunes State Park provides just such an opportunity, with camping site prices of as low as $19 per night-although mostly weekday availability only for this summer. The park includes three miles of beaches at the southern end of Lake Michigan, dunes that reach 200 feet high, and a wide range of habitats and plant and animal species.

 

Starved Rock State Park, about two hours southwest of Chicago, has sites for about $25 per week and appears to have greater availability for summer weekends in 2015. The park offers hiking up to scenic bluffs and through narrow canyons, horseback riding, canoeing and kayaking, eagle watching and more.

 

For those seeking an urban adventure, the city of Milwaukee offers somewhat more affordable accommodations than travelers to Chicago might find and at least some of the same cultural amenities. Most notably, the nation's largest music festival, Summerfest, will fill the air from June 23 - July 5, with a kickoff concert by the Rolling Stones, and the city offers a variety of ethnic festivals at the same lakefront facility.

 

Of course, living in a world-class metropolis like Chicago means that you don't necessarily need to leave your backyard, and such "staycations" within the 312 and 773 area codes are becoming increasingly popular. CCLT staff and board members offered up their suggestions on how to spend summer in the city on a shoestring.

 

Kara Breems, Executive Director of the Chicago Community Land Trust, loves exploring Chicago-and other cities like Milwaukee-on her bike. "Besides being very affordable (no parking! No gas! No rental fees!), there's something about being on a bike - especially when you're not in a hurry to get somewhere - that feels very adventurous," she says. "Because you're going slower than in a car, you see so much more, and you can stop anytime you see something that looks like it may be interesting. Or tasty!" 

 

Breems notes that in Chicago, one can rent a Divvy bike pass for 24 hours for just $7-the only catch is, trips have to be 30 minutes or less. "I think that would make for a fun "vacation" day: download the divvy app so you know exactly where all the stations are, and then spend the day riding Divvys for 30 minutes stretches -- see where you end up, hang out there for awhile or keep riding," she says. "You could plan out your trip to hit a bunch of highlights  - or you could just start riding and see where you end up!"

 

Lawrence Grisham, Managing Deputy Commissioner for the City of Chicago Department of Planning and Development, recommends the city's museums as a place to travel on a dime. "Chicago has among the best, and most diverse, museums of any major city; not just the major ones, but many wonderful neighborhood museums," he says. "Most of them have free days." (For a comprehensive list please click here.)

 

Teresa Lambarry, Outreach Director at CCLT, adds the (always free) Lincoln Park Zoo to Grisham's suggestion about free museum days. "I love frequenting the Lincoln Park Zoo with my grandchildren," she says. "The museums are a great resource for activities for the children and a lot even for an adult to see and learn. Pack lunches so that you don't spend so much money on food."

 

CCLT Board Member Robert McGhee, Vice President and Community Development Manager at Citi, suggests "the great architecture tour on the Chicago River," looking into Groupon local hotel and excursion deals, and attending one or more of the city's "tons of local neighborhood festivals...several of which are free of charge." (Click here.)

 

CCLT board member Guacolda Reyes, Vice President of Real Estate Development at The Resurrection Project, agrees that neighborhood festivals are wonderful but adds that Chicago's neighborhoods are great places to visit on any given day. "They offer ethnic food, art, culture, music, languages, and much more," she says. "Come to Pilsen, Little Italy, Greek Town, etc.!"

 

In Pilsen, Reyes says, on a nice day one can easily walk down the main drag of 18th Street from Halsted to Harrison Park. "I can visit some of the art galleries, eat a bite of trendy Mexican food, visit some of the cultural stores that showcase artesanias de Mexico, and visit the National Mexican Art Museum," she says.

 

CCLT board member Timothy Hughes, Director of Real Estate at ComEd, points out to families with children that Chicago's beaches are all free-as are the picnic areas in City of Chicago parks and Cook County forest preserves.

 

Along those same lines, CCLT Board Member and Economic Development Consultant Joel Bookman suggests the (also free) North Park Village Nature Center as "a great place to walk, relax, meditate, learn about beekeeping, treekeeping, maple syrup collecting, nature and wildlife." He notes that the center was one of 18 "places to recharge in Chicago" featured in the Huffington Post.


Places to visit in and around Chicago on a budget also has been chronicled on the Choose Chicago site,  Trip Advisor,USA TodayHuffington Post and more. There are really no shortage of ideas for places to go in and near Chicago that can fit just about any family's budget!

Homeowner's Corner

This month I was very pleasantly surprised that seven of our CCLT homeowners sent me tips and recommendations for Affordable/Staycations.  I put all the names of those who contributed and had Kara Breems pull a name. Congratulations to Gavin Ahern who will receive a gift card this month.


 

Because of the amount of space on the newsletter I had to consolidate their stories but there is a link at the end to go into a document that has their full contributions which I hope that you click onto.

 

Condensed tips and recommendation from CCLT homeowners:

  1. Decide on your mode of transportation before traveling.
  2. Staying with friends instead of hotels and when you do choose to stay in a hotel getting the all-inclusive package is the way to go.  A new recommendation that was mentioned was www.couchsurfing.com.
  3. Preparing food at home and filling up the cooler with drinks also helps you save money when on a road trip.
  4. Planning an itinerary but be flexible after all you are on vacation.
  5. Groupon, Living Social, and Trip Advisor were highly recommended to save on attractions as well as hotels and restaurants not only here in Chicago but in other major cities as well.
  6. Decide how much you want to spend.
  7. Consult all family members to make sure you all are in agreement as to what you should focus on your vacation.
  8. If staying at home with the family, share the workload so it does not come down to only one person doing all the work.

All other recommendations were on the same line as those already mentioned in the main article.  To read their full stories submitted please click here.


Current CCLT Property Listings
Loop Area
Andersonville Resale - Under Contract
Logan Square
Under Contract

1756 N. Kedzie, Unit F
1345 South Wabash, 60605 
Condos - 1 Bd 1 Bath
ONLY 2 UNITS LEFT! HURRY!

Special Home Sales Program

  • One-bedroom condominiums for $133,000
  • Beautifully  finished with elegant cabinetry and stainless steel  appliances
  • Affordable property taxes
  • Premier downtown location close to lakefront, parks restaurants and  public transportation

Deliveries in Spring 2015

 

 

4814 North Clark Street, Unit 411 - 60640 - Condo 
2 Bd 2 Bath
Priced at $147,750. Buyers must earn 100% AMI or below to purchase the unit.

Household Size

 

Maximum income

 1 person

$53,200

2 persons

$60,800

3 persons

$68,400

4 persons

$76,000

5 persons

$82,100

6 persons

$83,790

7 persons

$94,300

8 persons

$100,400

1756 North Kedzie, Unit F - Large Townhome 
4 Bd 1 1/2 Bath Unfinished Basement - Under Contract
Open floor plan with room on second floor to put your office.

Must be at or below 80% AMI in order to purchase:

Household Size

Maximum income

80% AMI

 1 person

$42,600

2 persons

$48,650

3 persons

$54,750

4 persons

$60,800

5 persons

$65,700

6 persons

$70,550

7 persons

$75,400

8 persons

$80,300


Humboldt Park Area 
Under Contract
1632 North Sawyer, 60647
Single Family - Parking Pad - 2 Bd 2 Baths - Unfinished Bsmt
Priced at $185,000.  Income eligible buyers (see below) could receive additional subsidy of $20K. Buyers must earn 100% AMI or below to purchase unit for $185,000.  Buyers earning 80% AMI or below may be eligible for an additional Illinois Housing Development Authority (IHDA) subsidy of $20K.

Household Size

Maximum income

for $20,000 IHDA Subsidy

80% AMI


 

Maximum income without IHDA subsidy

100%

 1 person

$42,600

$53,200

2 persons

$48,650

$60,800

3 persons

$54,750

$68,400

4 persons

$60,800

$76,000

5 persons

$65,700

$82,100

6 persons

$70,550

$83,790

7 persons

$75,400

$94,300

8 persons

$80,300

$100,400