News

  • December 16th, 2016

    CCLF Informational Video, Missing Pieces

  • DEADLINE EXTENDED: Developer Request for Qualifications (RFQ)
    April 26th, 2019

    DEADLINE EXTENDED: Developer Request for Qualifications (RFQ)

    The due date for responses to the 2019 Request for Qualifications (RFQ) for the Chicago Neighborhood Rebuild Pilot Program has been extended from its original due date of May 27, 2019, to June 15, 2019. The Chicago Neighborhood Rebuild Program, a collaborative effort between the City of Chicago, Chicago Community Loan Fund, Cook County Land… Read more »

  • April 8th, 2019

    A Food Desert’s Departure: Jewel-Osco Opens in Woodlawn

    Customers were in line at 6:00 a.m. waiting for the doors to open and a chance to shop the new Jewel-Osco at 6100 S. Cottage Grove Avenue in Chicago’s Woodlawn neighborhood. “This store makes the whole neighborhood look brighter,” one customer in line said. “I’ll be coming here every day now.” The Woodlawn Jewel-Osco grand… Read more »

  • April 8th, 2019

    Chicago Public Library and Chicago Housing Authority Form a New Partnership

    The Independence Library and Apartments, located at 3548 W. Irving Park Road, closed due to damage from a fire at the adjacent building in October 2015. Although transient, moving from place to place since the early 1900s, by 2015 the library served seven neighborhood schools within walking distance and was heavily used by area residents…. Read more »

  • April 8th, 2019

    TimeLine Theatre Company to Settle in Uptown

    TimeLine Theatre Company has settled on a new home in Chicago’s Uptown neighborhood. CCLF provided $3,600,000 to Timeline Theatre Company for acquisition and predevelopment of a property built in the 1910s for a moving and storage company. The revitalization of this property aligns with TimeLine’s mission of bringing history to life and connecting the past… Read more »

  • April 8th, 2019

    Building Confidence Builds Homes

    Empowered by a belief that “autism is not a condition, but rather, an intrinsic part of the individual with autism’s self-identity and personality,” Evanston, Illinois-based Rimland Services NFP delivers stability to those whose lives may face challenges. Founded in 1970, Rimland Services is the oldest agency in Illinois that serves the educational, vocational, and residential… Read more »

  • Woodlawn on the Rise
    April 3rd, 2019

    Woodlawn on the Rise

    Bob Tucker, CCLF’s Chief Operating Officer and Executive Vice President of Programs, shared observations and explained CCLF’s role in the revitalization and renewal taking place in Chicago’s Woodlawn community with The Chicago Tribune’s Corilyn Shropshire. Click here to read the complete article, “Making A Comeback,” as seen in the Sunday, March 31, 2019, issue of… Read more »

  • March 18th, 2019

    CLTV Segment: CCLF Invests in the Community

    CLTV welcomed CCLF’s Maurice Williams, Vice President of Economic Development, to discuss CCLF’s current endeavors in the network’s  Business Watch segment March 16, 2019.  Produced by Chaundanine Oluwole, the complete segment may be viewed here. Chicago Community Loan Fund is dedicated to doing its part in developing Chicagoland’s communities. For 28 years, CCLF has provided funds for developments like… Read more »

  • January 14th, 2019

    The Hatchery Opens With Ribbon-cutting Ceremony

    A new start-up food business incubator opened December 6, 2018, bringing energy and enthusiasm to Chicago’s East Garfield Park neighborhood: The Hatchery Chicago. Well-attended by culinary enthusiasts, community groups, U.S. Congressman Danny Davis, Chicago Mayor Rahm Emanuel, World Business Chicago CEO Andrea Zopp, 27th Ward Alderman Walter Burnett, 28th Ward Alderman Jason Ervin, and celebrity… Read more »

  • January 14th, 2019

    Benefit Chicago Commits to Repurpose Initiative

    On December 11, 2018, Benefit Chicago, a social investment fund sponsored by The Chicago Community Trust, Calvert Impact Capital, and the John D. and Catherine T. MacArthur Foundation, announced that it would provide $5 million in financing to CCLF’s Repurpose Initiative. The Repurpose Initiative focuses on revitalizing shuttered Chicago Public School buildings on the city’s… Read more »

  • January 14th, 2019

    LUCHA’s Tierra Linda Housing Project Wins Social Justice Award

    LUCHA received the 2018 Opportunity Finance Network’s (OFN) Social Justice Award during its annual conference held at the Marriott Marquis, October 8-11, 2018, in Chicago. Each year, OFN awards the OFN Conference Justice Grant to a nonprofit organization whose mission is consistent with OFN’s core purpose of aligning capital with social, economic, and political justice…. Read more »

  • January 14th, 2019

    U.S. Bank Pullman Community Center Makes Grand Debut

    Thanks to the dedication of neighborhood leaders, local developers, and community-focused funders, Chicago’s Pullman Neighborhood has a new destination: U.S. Bank Pullman Community Center. The Center’s lively grand opening took place on November 8, 2018. Constructed on 12 acres of previously long-vacant land, the 135,000-square-foot Pullman Community Center is the largest multi-sport complex in the… Read more »

  • January 14th, 2019

    JPMorgan Chase Commits $10 Million to CCLF

    CCLF’s mission of providing flexible financing that benefits low- to moderate-income neighborhoods received a substantial boost December 12, 2018, when JPMorgan Chase announced a $10 million long-term, low-cost investment to CCLF to support commercial real estate development on Chicago’s South and West sides. The announcement was made by Whitney Smith, Head of Midwest Philanthropy for… Read more »

  • January 14th, 2019

    2018: A Very Successful Year for CCLF

    CCLF completed another very successful year as the Fund’s operational and social impact milestones continued to grow for the benefit of Chicagoland’s most vulnerable. In all, CCLF closed 32 loans totaling $21.5 million, which leveraged another $52.1 million. By year-end 2018, the number of housing units created or retained reached 267, commercial real estate and… Read more »

  • December 28th, 2018

    Timeline Theatre buys a new home in Uptown

    On the day after the Chicago Plan Commission approved renovation plans for the Uptown Theater, the non-profit TimeLine Theatre Company was to announce Friday it has purchased for itself a new home at the Northern end of the rapidly emerging Uptown entertainment district.  Chris Jones of The Chicago Tribune featured the complete story. 

  • December 28th, 2018

    JPMorgan Chase lends $10 million to nonprofit for development on South, West sides

    JPMorgan Chase has provided the capital to help small business thrive on the city’s South and West sides. WGN-TV News’ Gaynor Hall covered the story here.