North Side Residents Serenade James S. Crown
at Gold Coast Block Party &
Call for Chase Donation of Vacant, Bank-Owned Properties
Fifty members of Northside P.O.W.E.R. and our allies publicly called on James S. Crown, a director of JP Morgan Chase & Co., to return vacant, Chase-owned properties to the communities of Rogers Park, Albany Park, Evanston and Skokie at the “Evening on Astor: The World’s Most Elegant Block Party”. The annual block party, sponsored by Gold Coast Neighbors, is just around the corner from James S. Crown’s home.
Northside P.O.W.E.R. members used a portable audio system to serenade Mr. Crown with original lyrics to the tune of “My Favorite Things” from The Sound of Music*. Others members passed out postcards addressed to Mr. Crown and invited his neighbors to drop them off at his home.
The postcards explained that during the housing boom, thousands of units of affordable rental housing were lost to condo conversions in these north side communities. Now many of these homes have become bank-owned through the foreclosure process and sit vacant. Northside P.O.W.E.R. is requesting a Chase Bank donation of vacant housing units (both single family and multi-unit dwellings) back to the Rogers Park, Albany Park, Evanston and Skokie communities so that these unites can once again become affordable and occupied.
“Banks like Chase created the housing bubble, and when it burst, we taxpayers bailed them out. Rather than returning the favor by extending a helping hand to the large number of newly unemployed people who could no longer make their mortgage payments, banks began foreclosing on homeowners in record numbers,” said Rev. Marilyn Pagán-Banks, Executive Director of A Just Harvest. “It it time for Chase Bank to ‘Give It Back’ to our communities.”
Northside P.O.W.E.R. is the community organizing arm of A Just Harvest, a 29-year old anti-hunger organization on Chicago’s far north side. A Just Harvest serves a nightly meal and distributes surplus food to anyone in need. The numbers of people A Just Harvest serves has increased steadily over the years and spiked during the recession. In 2011, the organization served more than 58,000 meals and distributed 101,000 pounds of food. A Just Harvest started Northside P.O.W.E.R. with the goal fighting rising poverty rates and increasing income inequality. For more information visit www.northsidepower.org.
*Lyrics to “Give It Back!” (to the tune of “My Favorite Things”)
Kids with full bellies and schools with good learning
Mortgages that match what homes should be earning
Living wages jobs make our neighborhoods swing
These are a few of our favorite things
Banks like Chase tell us to go chase what matters
Neighborhoods rot while their coffers get fatter
Friends you may wonder why is it we sing
Affordable homes are our favorite thing
Banks got bailed out
We got sold out
And we still ain’t seen jack
On your way home tell your neighbor James Crown
TO GIVE IT BACK!!
Chase Bank owns homes that are vacant and needed
We’ve reached out to Chase but our calls go unheeded
Friends we need you to join us in our fight
Help us make Chase & James Crown do what’s right!
Banks got bailed out
We got sold out
Get our city on track
On your way home tell your neighbor James Crown
TO GIVE IT BACK!!
