Connecting Capital and Community (3C) Chicago gives Chicagoans a smoother path to homeownership in the West Side communities of East Garfield Park and Humboldt Park. The organization is a collaborative initiative between lenders, developers, and community navigators that provides affordable homes to buyers in these communities with down payment assistance up to $100,000. If you or someone you know is in need of assistance on the road to homeownership in these communities, check out their website by clicking below.
GLCU and GLCU Foundation for Financial Empowerment have been proud to partner with Zion-Benton Township High School for the past five years. We’ve provided the Bite of Reality simulation to the personal finance classes, helping the students understand the costs associated with real world living. Through this partnership GLCU has impacted approximately 2,000 students and looks forward to future sessions geared toward financially empowering the youth in our communities.
GLCU Foundation Rolls out "Get to Know Your Housing Counselor" Videos
The GLCU Foundation offers one of the largest HUD-approved housing and financial counseling programs in Illinois. This free service is available to members and non-members alike. Through housing and financial counseling, participants improve their financial situation, address their housing needs, and pursue their long-term housing and financial goals. GLCU’s Housing Counseling services range from addressing homelessness or foreclosure to planning one’s first-time home purchase. Counselors teach the principles of housing and money management, assist participants to increase income, improve their housing conditions, access credit, and achieve stability and confidence. Watch the first in an ongoing series of videos highlighting our counselors, beginning with Jessie Flores.
The GLCU Foundation is pleased to partner with two nonprofit organizations whose missions align with ours.
The Economic Awareness Council (EAC) aims to “prepare students and families for the economic and financial decisions they will make both today and tomorrow,” educating students and families about the basics of saving, budgeting, banking, credit, investing, business and entrepreneurship as well as empowering individuals to set and reach their financial goals. What’s more, the EAC advocates for high quality, consumer friendly bank account access for youth and families in low to moderate income communities. Now, through their partnership with the GLCU Foundation, providing housing and financial counseling is part of their repertoire of services.
South Suburban PADS (SSPADS), works to prevent and end homelessness in the south suburbs of Chicago. The organization provides integrated services to enable unhoused individuals and families to access emergency shelter, move back into their own affordable apartments, and achieve better health and economic security. Since its founding in 1990, SSPADS has provided more than 700,000 nights of emergency shelter and over 2 million meals to enable over 20,000 people to overcome homelessness. The emergency shelter impact has grown over 169% since 2019, helping more than 400 people preserve or access affordable housing homes every year.
If you are interested in submitting a proposal request, please click the button below to learn more about our partnership guidelines and to submit a proposal. Donations will be awarded on a quarterly basis. Second quarter applications will be accepted from April 1, 2025, through June 30, 2025, and will be awarded by July 30, 2025.
Jamie Gallo-Weinstein is a Housing and Financial Counselor for the GLCU Foundation for Financial Empowerment. Jamie enjoys seeing clients become more empowered as they work on their finances. “Once people make a commitment to their financial health, other parts of their lives get better,” she said.
Before joining the GLCU Foundation, Jamie worked for the Humana and Aetna Managed Care Organizations, as well as the Uhlich Children’s Advantage Network, the YWCA, and more. Jamie earned her Master of Science in Counseling from National-Louis University and has an MBA degree from Keller Graduate School.
By donating to the GLCU Foundation for Financial Empowerment, you become a critical part of a powerful mission to promote economic stability and financial literacy. Your generous contribution directly helps us provide invaluable resources, education, and tools for individuals striving to secure their financial future. By supporting our GLCU Foundation, you can truly make a difference, enabling people to transform their lives through improved financial awareness and independence. Feel free to support our Foundation by donating online.
Qualification required for membership, loans, financing, and select products & services. GLCU is federally insured by NCUA.
NMLS #: 2552420
Great Lakes Credit Union, P.O. Box 1289, Bannockburn, IL 60015, USA, 800-982-7850
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