News

  • December 16th, 2016

    CCLF Informational Video, Missing Pieces

  • July 3rd, 2018

    Urban Land Institute Honors DL3 Realty

    The Urban Land Institute (ULI) awarded CCLF customer, DL3 Realty, a 2018 Community Impact Vision Award for its Englewood Square Retail Center in Chicago. Presented during the organization’s 7th Annual Vision Awards Ceremony in June, the Englewood Square Retail Center and DL3 Realty were recognized for serving as catalysts for revitalization in a community suffering… Read more »

  • July 3rd, 2018

    CCLF’s Annual Stakeholders Meeting Showcases Vision in Action

    Over 60 CCLF funders, investors and community partners negotiated severe storms to join CCLF staff and Board Members for CCLF’s Annual Stakeholders Meeting. Held June 21st at the Federal Reserve Bank of Chicago, the meeting highlighted CCLF’s influence in changing Chicagoland through its lending performance, financial performance and portfolio performance in underserved communities. Following a… Read more »

  • July 3rd, 2018

    “Wall Raising” Ceremony Held for New Pullman Community Center

    New beams were launched May 2, 2018, in Chicago’s historic Pullman neighborhood when celebrants gathered for a “Wall Raising” – a groundbreaking ceremony for the new Pullman Community Center. Representatives from the Roseland Youth Center, Chicago Neighborhood Initiatives (CNI), and Chicago Community Loan Fund joined Chicago Mayor Rahm Emanuel, 9th Ward Alderman Anthony Beale, Chicago… Read more »

  • May 17th, 2018

    Chicago Neighborhood Rebuild Pilot Launches Workforce Services Component

                        Gary Lay, one of the Chicago Neighborhood Rebuild Pilot Training Program participants, working on a stool to add to the break room his team is creating for Reconstruction Technology Partners.  Inside an old gymnasium on Chicago’s West Side sits a two-story model home built by… Read more »

  • April 25th, 2018

    Ribbon Cutting for XS Tennis and Education Foundation Writes a New Narrative

                        XS Tennis ribbon cutting ceremony March 3, 2018 where 6,000 youth per year will have access to 24 tennis courts, 2 basketball courts, a fitness room, multipurpose rooms for tutoring assistance and more. March 3, 2018, marked a significant day for African American youth in… Read more »

  • April 25th, 2018

    Fresh Food Options and Jobs Coming to Woodlawn

                        Rendering of the 48,000 sq. ft. Jewel-Osco that will open in early 2019, offering an estimated 200 jobs in the Woodlawn community. Leon Walker, Managing Partner of DL3 Realty, LLC, is once again developing vacant land to bring a full-service grocery store to a food… Read more »

  • April 25th, 2018

    Coming Back to Downtown Aurora

                              Aurora Mayor Richard Irvin at the podium alongside Deputy Mayor Rick Guzman at the March 5, 2018 preview of the John C. Dunham Aurora Arts Center that will provide thousands of cultural arts opportunities as a part of the downtown revitalization efforts…. Read more »

  • March 16th, 2018

    Next Street Article Shows CRE Makes Sense in LMI Neighborhoods

  • February 2nd, 2018

    A Place Called Woodlawn

    Trianon Lofts, named after Woodlawn’s famed ballroom from the 1920s, had its ribbon cutting ceremony on November 7, 2017. In its heyday, thousands of people came to Woodlawn to experience legendary artists like Ray Charles and Muddy Waters on 62nd Street and Cottage Grove Avenue at the once dubbed “world’s most beautiful ballroom.” In 1960,… Read more »

  • February 2nd, 2018

    Potbelly Opens in Historic Pullman

    Chicago Neighborhood Initiatives (CNI) is leading the resurgence of the historic Pullman Neighborhood.  CNI has been chosen as the developer of Pullman Park with a mission to bring jobs, retail, affordable housing, and safe recreational spaces to the neighborhood. CNI celebrated another victory on October 23, 2017 with the opening of Potbelly Sandwich Shop on… Read more »

  • February 2nd, 2018

    CCLF’s Social Impact in 2017

    CCLF experienced a tremendously successful 2017. CCLF’s operational achievements and our social impact outputs have increased significantly compared to last year. The number of housing units created or retained jumped from 424 to 1,275, commercial real estate and community facility space rose from 38,125 sq. ft. to 415,745 sq. ft. and the number of jobs… Read more »

  • CCLF’s New Market Tax Credit Impact
    November 7th, 2017

    CCLF’s New Market Tax Credit Impact

  • October 11th, 2017

    New Dill Pickle Location Jubilantly Opens Its’ Doors

    After two years of sustained effort, Dill Pickle opened the doors to its new and improved location in Logan Square on September 8th! The new storefront offers 10,000 square feet of space, nearly six times as large as the former location. It boasts hot food and salad bars, beer and wine selection, a deli counter… Read more »

  • October 11th, 2017

    The Hatchery to Incubate 100 New Businesses in the Food Industry Yearly

    Mayor Rahm Emanuel led the project announcement for The Hatchery Chicago, a $34 million food and beverage incubator, slated to open in East Garfield Park in fall 2018. Once constructed, entrepreneurs working out of their homes and shared kitchens will have a space where they can grow their businesses, resulting in wealth creation in East… Read more »

  • October 5th, 2017

    36 Units of Affordable Rental Apartments Now Open in East Garfield Park

    What do you do when you acquire a piece a land, secure predevelopment financing, create drawings, hire a general contractor and then the housing bubble collapses across the country and your bank’s letter of commitment expires? Bankruptcy, foreclosure, abandoned property are actions associated with such a scenario, but that was not case for Reverend Michael… Read more »