CCLF’s New Market Tax Credits Advance Affordable Housing, Health Services and Youth Development
In the summer of 2015, the Chicago Community Loan Fund received its first New Markets Tax Credit (NMTC) Allocation from the Community Development Financial Institution (CDFI) Fund. CCLF was awarded a $15 million allocation which it deployed in three diverse, transformative and exciting projects in three different Chicago neighborhoods. CCLF provided $5 million of NMTC […]
CCLF Customer Creates Affordable Housing in Chatham
Don Duszynski and Sean Connolly are founders of Strata Investments, a real estate development company that rehabilitates vacant properties and creates affordable housing for families in Chicago Housing Authority’s Housing Choice Voucher Program. The company also offers properties to first time homeowners and renters. Their mission is to provide excellent affordable housing options in thriving, […]
CCLF Borrower Mentioned in Article on CDFI Bond Guarantee Program
CCLF Borrower, DL3 Wins CNDA Award for Englewood Square Project
The Outstanding For-Profit Neighborhood Real Estate Project Award went to DL3 Realty for Englewood Square center at 63rd and Halsted that includes a Whole Foods Market, Starbucks and Chipotle among other retailers. Click Image to see video.
25 Years Later: An Interview with a CCLF founder Board Member Sara Jo Light
25 years ago, a group of investors gathered to talk about a problem in Chicagoland that had long been overlooked in the banking world: underserved communities. This group decided that a community fund focused on investing in grassroots organizations and leaders who were addressing the direct needs of individuals, families, and communities based on locally […]
25th Anniversary Celebration Uplifts CCLF Borrowers
On October 13th, 500 community development professionals, civic leaders, CCLF borrowers, supporters and investors gathered to celebrate 25 years of helping create communities where people thrive. The event highlighted CCLF’s diverse range of customers in a variety of ways. It took place at the Stony Island Arts Bank, a CCLF customer site. The Arts […]
Mayor Emanuel Announces Pilot Program to Develop Vacant Homes and Create Jobs with CCLF and the Emerson Collective
CCLF Informational Video, Missing Pieces
MacArthur Foundation Commits $11 MM to Chicago
