News

February 02, 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, […]

February 02, 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 […]

February 02, 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 […]

November 07, 2017

CCLF’s New Market Tax Credit Impact

October 11, 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 […]

October 11, 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 […]

October 05, 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 […]

October 05, 2017

CCLF Hosts Press Conference with Deputy Mayor Andrea Zopp, Rush University Medical Center and MB Financial

On September 13th the CCLF office was at capacity with community stakeholders working to reduce  crime and blight in Chicago – joining The City of Chicago and CCLF were Rush University Medical Center, MB Financial Bank, Cook County Land Bank, CARA, Safer Foundation, Community Investment Corporation, 20th Ward Alderman Willie Cochran, 27th Ward Alderman Walter […]

September 18, 2017

Chicago CDFI Collaborative – PRO Neighborhoods

September 15, 2017

Pro Neighborhoods – JPMorgan Chase Investing $40M In Chicago Neighborhoods