Recent urban redevelopment efforts in Chicago (Illinois) have often come at the expense of current low-income residents as upscale living replaces businesses and homes and raises rents. Local Community Development Organizations (CDOs) offer an alternative path to economic development by being a foundation for neighborhood efforts that meet the needs of community residents. Resources for CDOs come from a variety of sources, chief among them being the public sector and the Federal government. Data for Chicago show that funding for neighborhood-level economic development activities in Chicago has been relatively meager, because of both competing interests in the city budget and a lack of Federal commitment to rebuilding the inner city. Data also show that the economic neighborhood development resources expended through the City of Chicago's corporate budget are concentrated in high-income areas. This report highlights neighborhoods that should receive greater levels of support for economic development. If sufficient proposals have not come from these communities, the City, foundations, and civic organizations should take the lead to create and assist CDOs to generate development. Five appendixes provide tables of data about neighborhood development. (Contains 2 tables, 5 maps, and 20 appendix tables.) (SLD)