JPMorgan Chase Announced $10MM Investment in CCLF for Communities of Color Fund
JPMorganChase announced a $10 million investment to advance affordable housing development and revitalize neighborhoods in Chicago’s South and West sides on Tuesday, September 10, 2024 at the Aspire Center in the Austin community. The new loan to the Chicago Community Loan Fund (CCLF), a certified Community Development Financial Institution (CDFI), is part of JPMorganChase’s $200 […]
Chicagoland Owners Land Trust
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Green Era Winning Major Awards Before Project Completion
Green Era, a CCLF financed project, has done it again winning the prestigious Climate Challenge Cup. The Climate Challenge Cup is a new international competition to celebrate transformative civic research partnerships in the UK and US between research bodies, civic organizations and local communities to combat climate change. Only two awards were given during the […]
Center for Shared Ownership
The Chicago Community Loan Fund (CCLF) and the Chicago Rehab Network (CRN) created the Center for Shared Ownership (CSO) to provide training and technical assistance necessary for the successful governance and operation of shared ownership housing associations including cooperatives, condominiums, and townhouses by resident owners to preserve or create affordable housing throughout Chicagoland. In order […]
CCLF on FOX 32 News Voice of Change
2021 In Review: CCLF Navigates Challenging Times
Continuing to persevere in a challenging year, CCLF ended 2021 with continued growth and community impact. CCLF ended 2021 with $90,248,498 in loans outstanding to 154 customers. CCLF provided 32 loans totaling $27.7 million which created or retained 294 housing units and developed or retained 230,681 square feet of commercial real estate and community facility […]
Pullman Culver’s Welcomes Crowds to Ribbon-cutting
The long-awaited Pullman Culver’s held its grand opening and ribbon-cutting ceremony November 8 with much celebration. Ba-Ron Chicago Burgers LLC/Bar-Pull LLC principals Baron Waller and Ronald Wells welcomed U.S. Representative Robin Kelly, Illinois State Representative Nicholas Smith (34th District), 9th Ward Alderman Anthony Beale, Rick Silva, Culver’s CEO, Kevin Goldsmith, CCLF Board Member and Program […]
Amped Kitchens Cuts Ribbon at New Chicago Site
Mott Smith and Brian Albert are founders of Amped Kitchens in Los Angeles, and they opened their third facility in the Belmont Cragin neighborhood of Chicago on October 14, 2021. Amped Kitchens was created to give a competitive advantage to food and beverage entrepreneurs ready to expand but who can use shared resources to maneuver […]
CCLF Celebrates 30th Anniversary with Virtual Celebration
Chicago Community Loan Fund celebrated 30 years of providing access to capital in underserved communities throughout metropolitan Chicago virtually October 28. The event lauded the accomplishments of CCLF’s customers and partners engaged in community transformation through community development and also honored the recipients of the 2021 Fannie Lou Hamer Awards for Grassroots Community Development. (from […]
CCLF Launches “Communities of Color Fund” to Serve Chicago’s South and West Sides, Five Suburban Counties
Chicago Community Loan Fund (CCLF), along with key investors, has created a $25 million loan fund to support African American, Latino and other business developers of color. The Communities of Color Fund was added to CCLF’s lending capabilities as another tool to address racial equity in low- to moderate-income neighborhoods throughout Chicagoland with a strong […]
