Own Our Own, an inner-city focused real estate fund, has made its first Chicago-based project in partnership with Houston Rockets forward Robert Covington and former Chicago Bull and two-time All-Star Luol Deng. Former players Pops Mensah-Bonsu and Matt Barnes are also investor-partners. The impact-investment project aims to transform a South Side of Chicago neighborhood through an affordable housing and community development initiative that will improve quality of life through increased public safety and access to critical social services.
The project entails plans to uplift a 143-unit multifamily property in the West Pullman neighborhood on the South Side of Chicago. The initial phase of the project will focus on enhanced safety measures, community gardens, art projects and an outdoor playground. The second phrase will focus on renovating and converting physical spaces for a range of community resources, such as a work space for local entrepreneurs and organizations providi