News

  • December 16th, 2016

    CCLF Informational Video, Missing Pieces

  • CCLF Holds 2021 Annual Stakeholders Meeting
    June 17th, 2021

    CCLF Holds 2021 Annual Stakeholders Meeting

    On Thursday, June 17, 2021, CCLF hosted its 2021 Annual Stakeholders Meeting on a virtual platform. The production included live reports and presentations of borrower projects that demonstrate CCLF’s perseverance and community outreach during the unprecedented challenges of 2020. Click here to watch CCLF’s 2021 Annual Stakeholders Meeting. The virtual meeting’s audience included investors, funders,… Read more »

  • May 3rd, 2021

    NBC-5 Chicago Features MLK Apartments During Black History Month

    In 1966, at the height of the Civil Rights Movement, Rev. Dr. Martin Luther King, Jr. turned his attention toward Northern cities to expose the social injustices presumed to only exist in the South. His focus settled on Chicago. Bringing the movement to Chicago, Dr. King and his family relocated into an apartment on Chicago’s… Read more »

  • May 3rd, 2021

    RPT Development Continues to (Re)Build

    Takeisha Washington, President of RPT Development Group, Inc. (RPT), has a strong relationship with CCLF and together the work of rebuilding Chicago’s neighborhoods continues. RPT is a 14-year-old corporation engaged in acquiring, rehabbing, and sales or lease of often-neglected properties in low- to moderate-income communities. The corporation focuses on residential single-family homes and multi­-unit properties,… Read more »

  • May 3rd, 2021

    CCLF Implements 2021-2024 Strategic Plan

    As Chicago Community Loan Fund positions itself for the “new normal” of the post-COVID-19 era, CCLF has implemented a comprehensive four-year strategic plan that will enable the organization to further its mission and better serve Chicagoland’s communities. The four strategic focus areas of CCLF’s 2021-2024 Strategic Plan positions CCLF to expand, partner and invest. CCLF… Read more »

  • May 3rd, 2021

    CCLF Outlines Deployment of MacKenzie Scott Donation

    On December 15, 2020, philanthropist MacKenzie Scott announced $4.1 billion in donations to 384 organizations across all 50 states, Puerto Rico, and Washington D.C. Scott and her team undertook a rigorous, data-driven due diligence process to select the 384 donation recipients from 6,490 organizations considered. The organizations were selected based on data analysis on community… Read more »

  • April 26th, 2021

    CCLF Featured In “Conversations With The Citizen”

    CCLF’s Wendell Harris, Vice President of Lending Operations, engaged in discussion with The Chicago Citizen newspaper’s Tia Jones for a 30-minute podcast discussing CCLF and our initiatives in Chicagoland’s low- to moderate-income communities. In addition to the podcast, The Chicago Citizen also featured CCLF in a print and online article entitled “Neighborhoods Feel Financial Institution’s… Read more »

  • March 16th, 2021

    RFQ for the Chicago Neighborhood Rebuild Pilot Program

    Chicago Community Loan Fund in partnership with the City of Chicago released a Developer Request for Qualifications (RFQ) for the Chicago Neighborhood Rebuild Program (CNRP). Through this request, CCLF seeks Developers (including not-for-profit and/or faith-based organizations) with strong experience in rehabilitation and sale of single family and 2-flat properties, and a familiarity with overall South… Read more »

  • February 15th, 2021

    2020 In Review: CCLF Continues Growth Even During a Pandemic

    During a year of health challenges and civil unrest, CCLF ended 2020 as an organization better positioned to ensure capital continued to flow in low-income areas throughout Chicagoland. CCLF ended 2020 with nearly $97 million in loans outstanding to 179 customers working to create communities where people thrive. CCLF completed 48 loans totaling $24.2 million… Read more »

  • February 15th, 2021

    CCLF Supports Businesses During Pandemic

    As the COVID-19 pandemic ravaged Chicago-area small businesses and nonprofits, CCLF delved into its resolve to support impacted businesses and communities. CCLF became a partner in several public emergency funding initiatives. Together Now: Chicago’s Fund to Rebuild Our Neighborhoods, a collaboration with the Chicago Community Trust and the city of Chicago, raised monies from the… Read more »

  • February 15th, 2021

    Bubbly Dynamic’s The Plant: Social Enterprise

    Chicago’s Back of the Yards neighborhood is a historic community known as the home of the Union Stockyards. Located on the southwest side of Chicago, this is the neighborhood that author Upton Sinclair wrote about in the 1906 novel, “The Jungle.” After the stockyards closed in the 1970s, Back of the Yards became a community… Read more »

  • February 15th, 2021

    CCLF Empowered by Largest Donation In Its History

    In December 2020, Philanthropist MacKenzie Scott released a blog post entitled “384 Ways to Help” announcing $4.1 billion in donations to 384 nonprofits across the United States, Puerto Rico and Washington, D.C. CCLF was among the 24 CDFIs included in the donations. Scott and her team undertook a rigorous, data-driven due diligence process to select… Read more »

  • February 15th, 2021

    CCLF Receives Citi Foundation Award

    CCLF has been selected to receive an award of $500,000 in unrestricted funds as part of Citi Foundation’s $15 million fund supporting the work of Community Development Financial Institutions. CCLF was among 30 CDFIs awarded nationwide, all selected based on their strong track record of serving small businesses owned by people of color and underserved… Read more »

  • February 15th, 2021

    CCLF Receives FHLB Chicago Targeted Impact Fund Grant

    CCLF received a $15,000 Federal Home Loan Bank of Chicago (FHLB Chicago) Targeted Impact Fund grant in October 2020 to support those most impacted by the COVID-19 crisis as well as organizations that promote equity and opportunity for communities of color. Announced in August 2020, the $14 million Targeted Impact Fund grant program provided up… Read more »

  • December 16th, 2020

    CCLF Named In MacKenzie Scott Donations

    On December 15, 2020, MacKenzie Scott announced $4.1 billion in donations to 384 organizations across all 50 states, Puerto Rico, and Washington D.C. Chicago Community Loan Fund is honored to be named among the not-for-profits selected for a grant to help people suffering the economic effects of COVID-19, racial inequity, high poverty rates, and limited… Read more »

  • December 16th, 2020

    CCLF’s Wendell Harris Appears on FOX-32

    Wendell Harris, Vice President of Lending Operations at Chicago Community Loan Fund appeared on FOX-32 Chicago December 14, 2020. Harris joined anchors Anita Padilla and Scott Schneider at the 7:30 hour of FOX’s Good Day Chicago morning program. In the segment, Harris explained CCLF’s efforts to support low-income residents struggling to stay afloat during the… Read more »