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Fogelson Forum on Real Esate at Roosevelt University Chicago


May 5th Forum
speaker is National Real Estate Leader for Deloitte & Touche LLP, Robert T. O’Brien, Partner and Vice Chairman



Chicago panoramic photos courtesy of Doug Fogelson



 

 

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mooney

Andrew J. Mooney
Executive Director

LISC/Chicago

Andrew J. Mooney is the Executive Director of the Chicago office of the Local Initiatives Support Corporation (LISC). Founded nearly thirty years ago, LISC is a not-for-profit development intermediary that provides grants, loans and equity -- as well as technical assistance -- to community organizations engaged in the revitalization of their neighborhoods. LISC’s funds are used to develop affordable housing, commercial and retail facilities, community facilities, and employment centers and their related programs. LISC raises its capital principally from foundations and corporations. The capital comes in various forms, including syndicated investments, loan pools, secondary market instruments and grants.

Under Mr. Mooney’s leadership, LISC/Chicago has become one of the nation’s leading community development agencies. Since coming to LISC in 1996, he has raised approximately $120 million in grants and loans to invest in the city’s neighborhoods, leading in turn to the development of approximately 23,000 units of housing, 2.5 million square feet of commercial space, and numerous community facilities that include health and day care centers, parks and recreational facilities – leveraging over $2.5 billion in total investment.

Mr. Mooney and his colleagues are best known, however, for a variety of cutting-edge community development strategies that have become national models, including the New Communities Program (NCP), a comprehensive effort at neighborhood development supported by the John D. and Catherine T. MacArthur Foundation, and the Centers for Working Families that provide employment, financial and benefits counseling in 14 neighborhoods around the city. Another initiative, Elev8, supported by Atlantic Philanthropies, is developing a sophisticated model for community schools in several neighborhoods. Mr. Mooney also conceived a community-based, professionally-operated news and communications program, called the Chicago Neighborhood News Bureau (CNNB), that has invigorated information networks throughout the area. Currently LISC is leading the creation of the Digital Excellence Demonstration Communities program in five Chicago neighborhoods. Other initiatives range from retail market research (MetroEdge), to community safety (ClearPath), sports and arts programs, and planning for Chicago’s 2016 Olympic bid.

Mr. Mooney has devoted his career to community development and has held leadership positions in a number of agencies. Early in his career, he was Executive Director and Chairman of the Chicago Housing Authority, then the second-largest Authority in the nation with 50,000 public housing units. In more recent years, Mayor Richard M. Daley asked Mr. Mooney to serve a second term on the CHA Board and to co-author the Authority’s “Plan for Transformation”. Mr. Mooney has also served as President of an economic development organization and run his own consulting firm, before coming to LISC. He has been on the governing Boards of a number of public and private agencies, including the City’s Community Development Commission and the Mayor’s Commission on Property Tax Assessment, which he chaired, as well as ACCION/Chicago, the Corporation for Supportive Housing, the Teachers Housing Resource Center and so on. He is currently a member of the Knight Foundation’s Commission on the Information Needs of Communities in a Democracy.

A native of Chicago, Mr. Mooney is a graduate of the University of Notre Dame and the University of Chicago, where he was a Danforth Fellow. Mr. Mooney lives in downtown Chicago with his wife Mary Laraia.


 

   
 
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