This week, Chicago will host its first summit on issues of cooperative economics. Cooperatives—often called “co-ops”—are organizations that are mutually owned or operated by all those involved; decisions are reached together and resources are shared amongst those in the organization.
Jaime di Paulo is the executive director of the Little Village Chamber of Commerce. Originally from Guadalajara, Mexico, di Paulo was recruited to come work with the thriving business community here. He sat down with 90 Days, 90 Voices to talk about how President Trump’s election has impacted Little Village, an oft-overlooked economic powerhouse.
The neighborhoods of Chicago affected most by crime and violence tend to be some of the most economically depressed parts of the city, where jobs, commerce, and investment lag. Community leaders working on the ground to reverse this economic depression say their efforts have often lacked the coordinated planning, resources, and commitment from the city to sustain progress. But now, some of them see positive signs in a fledgling economic development program targeting South Side neighborhoods, as well as in other community finance tools emerging in Chicago.