Neighborhood Opportunity Fund
Coverage of Neighborhood Opportunity Fund in the Nexus archive.
- From Karaoke To Ice Cream, 3 New Businesses Are Coming To Austin’s Soul City Corridor
Three new businesses—a karaoke venue, community theater space, and ice cream shop—will receive funding through Chicago’s Neighborhood Opportunity Fund to open in Austin’s Soul City Cultural District. The district, part of a revitalized commercial corridor, has seen recent investments including a $9 million infrastructure overhaul and new developments like the Avenue Apartments.
- Englewood development wants to make 59th Street a 'corridor to watch'
The Resident Association of Greater Englewood (R.A.G.E.) is developing a $6.4 million mixed-use project called The Re-Up on 59th Street in Englewood, featuring retail space for Black-owned businesses and new headquarters. The project, funded in part by a $2.5 million city grant and tax incentives, aims to foster economic justice and community investment following 2020 civil unrest and Black Lives Matter protests.