Named to honor the parents of HHDC’s president, the Teresa and Hipolito Roldan Community Development Scholarship Fund is dedicated to providing young Latinos with an opportunity to pursue community development as a career.
Scholarships of $5,000 per year are offered to Latino graduate students in the Urban Planning and Policy graduate program (MUPP) at the University of Illinois at Chicago and at Roosevelt University’s Chicago School of Real Estate. The scholarships support the study of planning, housing, and community development. A combination of classroom work and internships at HHDC or sister agencies provides students with hands-on experience in community development.
To apply, or for more information, please contact the universities listed below.
Roosevelt University Kristen K. Nance
Assistant Director
Marshall Bennett Institute of Real Estate
Walter E. Heller College of Business Administration
Roosevelt University
430 South Michigan Avenue, CPA 314
Chicago, IL 60605
phone (312) 281-3326 – fax (312) 281-3123
University of Illinois at Chicago
College of Urban Planning and Public Affairs (CUPPA)
412 South Peoria, Suite 115
Chicago, IL 60607-7064
phone (312) 413-8088 – fax (312) 413-8095
Liz Reyes, Assistant Director, IFF
"A great start"
"I was HHDC's first scholarship recipient and intern through the Hipolito and Teresa Roldan Scholarship Program. The program provided a scholarship at the University of Illinois-Chicago's Master's of Urban Planning Program, and a paid intern position at HHDC for one summer. Working as an HHDC intern gave me direct experience with all aspects of real estate development including project planning, site selection, financing, design, construction, and property and asset management. view moreI was in the field visiting construction job sites, working with property management on tenant relationship issues, and learning about project financing. I was also included in meetings to discuss strategy. All of this experience made my planning classes more meaningful and helped me appreciate the "behind the scenes" aspects of real estate development. I learned what is required in terms of capital and human resources to move a development project from a planning stage to implementation.
After completing my degree in 1993, I worked for Latinos United, Claretian Associates, and in 1995 joined the staff at Lakefront Supportive Housing (now Mercy Lakefront Housing). In my five years there I managed the production of more than 450 units of SRO housing. After Lakefront, I became executive director of Claretian Associates, a not-for-profit developer on Chicago's southeast side. There I worked on single- and multifamily housing development projects before moving on to the IFF, a multi-state lender and developer, to work as a project manager for a variety of real estate projects for nonprofit clients.
The exposure that HHDC gave me to the full spectrum of real estate development helped prepare me well for my future jobs in community development. I learned that community development can be challenging and at times frustrating, but ultimately hugely satisfying. I will always appreciate the great start that HHDC gave me."