Today the Rustandy Center for Social Sector Innovation at Chicago Booth published a new impact investing case study that examines a decade of investments and redevelopment in Chicago’s Pullman neighborhood. The study, which explores the history, investments, and outcomes of U.S. Bank's place-based investments in the historic Pullman community on the South Side of Chicago, was commissioned by and published with U.S. Bank and its subsidiary U.S. Bancorp Community Development Corporation (USBCDC) and Chicago Neighborhood Initiatives (CNI).
The case study documents the journey and lessons from the place-based investment and explores how it can be replicated in other cities/communities. In a continuation of U.S. Bank’s investment in Pullman, the company today also announces a $1 million grant from U.S. Bank to CNI to support 40 small businesses in low-to-moderate income neighborhoods on Chicago’s South and West sides.
