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 […]
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 […]
Funders and Investors Support CCLF’s Mission During Crises
As the COVID-19 pandemic pervaded the country in early 2020, comingled with social unrest in the wake of civic injustices, CCLF resolved to persevere and continue providing financing and technical assistance that benefit low- to moderate-income communities throughout metropolitan Chicago. Thanks to the extra efforts of its funders and investors CCLF has been able to […]
Landmarks Illinois Honors Two CCLF Borrowers
In September, Landmarks Illinois announced nine recipients of the 2020 Landmarks Illinois Richard H. Driehaus Foundation Preservation Awards, which included two CCLF borrowers. The annual awards program honors exceptional historic preservation projects and the people working to save important locations throughout Illinois. Among the winners, the CCLF-funded Aurora Arts Center in Aurora, Illinois, earned the […]
CCLF Supports Community Businesses Through Together Now
While stay-at-home orders were in place and the city of Chicago’s neighborhoods saw social upheaval following the death of George Floyd, Chicago Mayor Lori Lightfoot announced the launch of Together Now: Chicago’s Fund to Rebuild Our Neighborhoods. In collaboration with The Chicago Community Trust and the city of Chicago, Together Now fund raised money from […]
CCLF’s Annual Stakeholders Meeting Highlights Resiliency In Challenging Times
Watch the virtual meeting here:CCLF’s 2020 Annual Stakeholders Meeting Embracing the digital culture to share its message, CCLF hosted its 2020 Annual Stakeholders Meeting on Tuesday, September 15, in a virtual platform. The production included live reports and video presentations of projects that represent the diverse breadth of CCLF’s financing in 2019. They included: Growing […]
CCLF President Appears On WGN Weekend Morning News
On Saturday, July 25, 2020, CCLF’s President Calvin L. Holmes made an appearance on the WGN Weekend Morning News (Channel 9) with anchor Tonya Francisco during the 9:00 a.m. news. In the segment, Holmes presented CCLF and the fund’s initiatives supporting Chicagoland’s communities, particularly during the COVID-19 crisis. Click here to view the entire July […]
Coffee, Cream & Community: Momentum Coffee & Coworking
Business in Chicago was forging along in the first quarter of 2020. Then the COVID-19 pandemic hit, and Illinois Governor J.B. Pritzker issued a “stay at home” order for the entire state effective March 21, bringing everything to an abrupt new reality. At that time, when attentions turned toward the preservation of public health and […]
Pro Bono Assistance: Helpful and Responsive
Ed Sommer practiced law as a Financial Transaction Attorney with the Chicago-based firm Chapman and Cutler LLP for 36 years. During the course of his career, he worked on many types of negotiated debt transactions with a variety of different types of borrowers, lenders and credit providers, including Chicago Community Loan Fund. Although now retired, […]
Growing Home Receives FHLBC COVID-19 Relief Grant
The Federal Home Loan Bank of Chicago (FHLBC) offered a COVID-19 Relief Program consisting of zero-rate advances and grants to support all of its member institutions and the communities they serve as it responds to the COVID-19 pandemic. CCLF, as a member of the FHLBC, submitted an application for Growing Home, Inc., a nonprofit organization […]
