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Chicago & Midwest  + South Side  + Finance  |  April 27, 2021
Paul Bubny
By: Paul Bubny

Obama Foundation Launches Investment Campaign to Help Build Presidential Center

The Obama Foundation recently announced a $400-million Chicago Campaign to help bring the Obama Presidential Center (OPC) to the South Side and invest in the surrounding community. The foundation is engaging civic and corporate leaders to build the OPC and invest in issues of importance on the South and West sides of Chicago.

The Hometown Fund, a dedicated initiative that will generate significant investments aimed at strengthening economic opportunities for residents on the South and West sides of Chicago and supporting youth, will designate $75 million over five years.

“We are seeing significant interest from civic and corporate leaders in Chicago who want to be part of this movement to change the economic trajectory of the South Side of Chicago,” said Valerie Jarrett, president of the Obama Foundation. “We’re proud to be able to convene these leaders and channel investment in ways that will strengthen our community.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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