The Chicago Community Trust is a community foundation dedicated to improving our region through strategic grant making, civic engagement and inspiring philanthropy. We are here to serve the nonprofit organizations, the generous donors and the thoughtful residents who strive to make a difference, helping their bold vision create lasting community change. We work with a number of partnerships and initiatives to accomplish this work.

We are privileged to serve our community and invite those who connect with our mission, vision, and values to explore employment opportunities with the Trust. To learn more, please visit the Trust online at

The Chicago Community Trust is an Equal Opportunity Employer.

Program Manager, Connecting Capital and Community

  • Job Tracking ID: 512298-772327
  • Job Location: Chicago, IL
  • Level of Education: Masters Degree
  • Job Type: Full-Time/Regular
  • Date Updated: May 13, 2021
  • Starting Date: ASAP
  • Application Deadline: Until filled

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Job Description:

Position Summary:

The Center for Community Investment (CCI) is undertaking a multi-year initiative, Connecting Capital and Community (3C), designed to 1) introduce the capital absorption framework to multi-sector teams in six major American cities, including Chicago, and 2) help teams apply the framework to enhance and scale their affordable housing efforts, further develop their community investment ecosystems, and, ultimately, enable low-income, Black, Latinx, Asian, and Native residents to thrive. The capital absorption framework helps communities access the investments needed for people to have the chance to live, work, and learn in healthy homes and neighborhoods.

In Chicago, The Chicago Community Trust will leverage its 3C partnership to develop a homeownership strategy in majority Black and Latinx communities. The 3C partnership will focus on neighborhoods with strong local assets and a preponderance of vacant parcels and buildings. Also, 3C Chicago will build the capacity of Black and Latinx real estate developers, contractors and pre-development service providers to build these units and grow their businesses. 3C Chicago will help create individual wealth through its focus on homeowners and real estate developers and community wealth through infill development at scale. At the end of the initiative, the infill strategy should be sufficiently integrated into Chicago’s development ecosystem.

In Chicago and the other 3C cities, a diverse team of stakeholders from multiple organizations will work together to achieve an ambitious housing result that goes beyond individual projects to system changes aimed at improving the structure of opportunity in their community. The 3C initiative will support teams to act and learn simultaneously to:

  • Work concurrently to sharpen community priorities, develop and execute a pipeline of investable opportunities, and strengthen policies, practices, collaborative platforms, and other elements of the enabling environment to facilitate achievement of community housing goals, while centering racial equity,
  • Attract and leverage capital for investment in a pipeline that advances community housing goals,
  • Recognize and remedy the inequities at the core of the housing ecosystem,
  • Acquire and sharpen relevant community investment, leadership, and racial equity content and skills, and
  • Share learning and build relationships to support accountability and progress.

These aims will be accomplished through intensive learning opportunities for teams, smaller sessions for team leads, and one-to-one adaptive coaching, team coaching, and technical assistance customized for each team’s circumstances, opportunities, and challenges.

Position Responsibilities:

  • Work with The Chicago Community Trust, the Trust’s Programmatic Affiliates and CCI to assemble teams of stakeholders with the needed capacities and relationships to achieve the targeted result.
  • Develop an enduring 3C model for the Chicago market that can be integrated into Chicago’s housing and development ecosystem at the close of the 3-year 3C initiative.
  • Develop and implement a strategy to pilot the 3C model, including creating a neighborhood typology, lining up partnerships, cultivating near-term investment opportunities, facilitating next steps in pipeline development, coordinating efforts to raise capital, and collecting key data to inform and support ongoing pipeline development and execution.
  • Plan, secure and manage the necessary collaborative relationships to build the model and advance the strategy, including technical assistance providers financial institutions, neighborhood organizations, foundations, investors, housing developers, real estate professionals, government agencies, internal staff at The Chicago Community Trust. and other critical stakeholders.
  • Develop and staff an Advisory Board to provide oversight and guidance for the initiative.
  • Assist in fundraising for additional resources for the initiative as necessary.
  • Develop a communications, reporting, and accountability structure to communicate the purpose of 3C for multiple audiences and to report on its progress.
  • Serve as the primary contact for CCI staff and support team.

This position will work remotely until the Centers for Disease Control, Illinois Department of Public Health, and Trust leadership deem it safe to return to the office.

Experience and Skills:

Position Qualifications:

  • Master’s degree in community development, real estate development and finance, urban and regional planning, public policy or a related field. Exceptional candidates with seven years of experience without a master’s degree will also be considered
  • Minimum five to seven years’ experience delivering results in the community and relevant sectors, including the local housing sector, the local real estate development sector and with associated stakeholders
  • At least 7 years’ experience with housing, real estate and/or community development and finance, and willingness to explore new ways to finance, preserve, and develop housing and increase sustainable homeownership
  • Experience with financial capital, capital stacking and development deal flow
  • A well-developed network of relationships and deep understanding of the Chicago finance, real estate and housing ecosystems
  • Comfort and competency with working through adaptive challenges where solutions are not yet developed
  • Ability to strengthen ideas and build momentum by leveraging existing programs/initiatives, resources, structures and policies
  • Experience communicating effectively and working collaboratively with diverse people and communities, including residents, private and nonprofit real estate developers, philanthropy, the public sector, institutional leaders, the finance sector, and investors
  • Ability to collaboratively lead through networking, facilitating, and problem-solving
  • Experience advancing policy and or structural changes in the public or private sectors
  • Strong orientation and commitment to racial equity, equitable results, and community voice
  • Excellent written and verbal communication skills
  • Ability to self-start with input from diverse interests
  • Ability to synthesize and follow through on the guidance of an advisory board
  • Connect local efforts to the efforts in cities across the country, including other 3C cities
  • Strong orientation to results, systems thinking, and learning

History of The Chicago Community Trust

The Chicago Community Trust is a community foundation dedicated to advancing metropolitan Chicago and improving the lives of the people who call it home. The Trust serves as a philanthropic partner, connecting the generosity of donors with community needs. Today, following the creation of a new strategic plan in 2018, the Trust stands committed to addressing Chicago’s legacy of systemic inequity and closing the racial wealth gap. With assets of approximately $3 billion, the Trust in partnership with its donors distributes more than $400 million in grants each year. Our unwavering mission is to mobilize resources, people, organizations and ideas in support of this vision for a truly equitable, connected and thriving community.

The Trust was founded in 1915 by Norman and Albert Harris, father and son duo of the Harris (now BMO Harris) bank family. The Chicago Community Trust was the fourth community foundation ever created. There are now 750 community foundations across Canada and the US.

Since 1915, the Trust has been part of nearly every major civic milestone of the Chicago region. From the creation of Millennium Park and Chicago’s Harris Theater to Leadership Greater Chicago and Chicago Urban League, the Trust has worked to support the people and organizations that have made Chicago a world class city.

The Trust Team seeks to match the passion and commitment of donors, grantees, residents and community leader that continue to work tirelessly to make this City one where all have the opportunity to realize their dreams.

The Trust is also changing the way we operate from a traditional grantmaker to a transformative changemaker. As such, all aspects of the organization are moving towards advancing change through a range of approaches, including supporting programs, conducting and analyzing research, driving collaboration, engaging funders, advancing policy, and moving markets and investments towards social change. This work is grounded in principles of equity and informed by individuals disproportionately impacted by systemic racism.