Prairie Meadows Homes - 25 units of single family housing located in Hoopeston, Illinois. Developed in partnership with ICADC and East Central Illinois Community Action Agency. The property is owned and operated by East Central Illinois Community Action Agency.
In 1999, the Illinois Community Action Development Corporation (ICADC) was created by the Illinois Association of Community Action Agencies (IACAA) and its member Community Action Agencies to increase the amount of affordable housing throughout Illinois.
The primary mission of ICADC is to provide training and technical assistance so that Community Action Agencies have the capacity to develop affordable housing for Illinois' most vulnerable citizens, including veterans, senior citizens, families with low incomes, and people living with mental illnesses.
Upon receiving training and technical assistance from ICADC, Community Action Agencies are equipped with the knowledge, skills, and abilities needed to serve as developers, property managers, owners, or project sponsors. By offering training and technical assistance to Community Action Agencies, ICADC helps recipients learn about developing and managing a wide array of affordable housing and/or community development projects. Community Action Agencies also obtain first-hand experience by working in tandem with ICADC to allow them to pursue community and economic development projects on their own in the future.
ICADC has supported numerous Community Action Agencies with one-on-one technical assistance either from in-house staff or outside consultants. ICADC also provides financial support to new projects because most agencies lack the necessary predevelopment resources to get a project initiated.
Welch Woods - 42 units of multi-family housing located in Beardstown, Illinois. Developed in partnership with ICADC and MCS Community Services. The property is owned and operated by ICADC.
This guide is for Community Action Agencies interested in learning more about becoming affordable housing developers, establishing public-private partnerships, and helping to meet the housing needs of low and moderate income families. Its purpose is to provide basic information that prospective nonprofit developers need to know about planning, financing and developing affordable housing. It is also intended to serve as a guide to assist agencies with the basic knowledge of deal structuring in the event the agency is approached by outside developers seeking a partnership or joint venture.
For more comprehensive information and assistance,
consult the Illinois Community Action Development Corporation at (217)789-0125.
A note of appreciation and gratitude to the following people and organizations for their dedication and assistance to the Illinois Community Action Development Corporation:
llinois Department of Commerce and Economic Opportunity Director David Vaught
Illinois Community Action Development Corporation 2012-2013
Board of Directors
Chairman McFarland Bragg II, PCCEO, Inc.
Vice Chairman Dan Little, MCS Community Services Retiree
Secretary Kevin Wiehardt, Western Illinois Regional Planning Commission
Treasurer Angela Frazier, Mid Central Community Action Agency
Board Member Ken Pettijohn, Wabash Area Development, Inc.
Board Member Todd Fuller, Will County Center for Community Concerns
Board Member Laurie Peterson, National City Bank
Board Member Dennis Stevens, Embarras River Basin Agency
Board Member Keith Brown, BCMW Community Services
Board Member Mary Lockhart-White, Community Action Partnership of Lake Co.
Illinois Community Action Development Corporation Staff
Dr. Dalitso Sulamoyo, President/CEO
Niccole Clements, Director of Community & Economic Development
This publication was adapted from Breaking Ground: A Beginner's Guide for Non-Profit Developers by the Federal Reserve Bank of Dallas. Breaking Ground: A Community Action Agency's Guide to Becoming a Nonprofit Developer may be reprinted in whole or in part for training purposes, provided it includes credit to the publication, the Federal Reserve Bank of Dallas, and ICADC.