News

April 08, 2019

A Food Desert’s Departure: Jewel-Osco Opens in Woodlawn

Customers were in line at 6:00 a.m. waiting for the doors to open and a chance to shop the new Jewel-Osco at 6100 S. Cottage Grove Avenue in Chicago’s Woodlawn neighborhood. “This store makes the whole neighborhood look brighter,” one customer in line said. “I’ll be coming here every day now.” The Woodlawn Jewel-Osco grand […]

April 08, 2019

Chicago Public Library and Chicago Housing Authority Form a New Partnership

The Independence Library and Apartments, located at 3548 W. Irving Park Road, closed due to damage from a fire at the adjacent building in October 2015. Although transient, moving from place to place since the early 1900s, by 2015 the library served seven neighborhood schools within walking distance and was heavily used by area residents. […]

April 08, 2019

TimeLine Theatre Company to Settle in Uptown

TimeLine Theatre Company has settled on a new home in Chicago’s Uptown neighborhood. CCLF provided $3,600,000 to Timeline Theatre Company for acquisition and predevelopment of a property built in the 1910s for a moving and storage company. The revitalization of this property aligns with TimeLine’s mission of bringing history to life and connecting the past […]

April 08, 2019

Building Confidence Builds Homes

Empowered by a belief that “autism is not a condition, but rather, an intrinsic part of the individual with autism’s self-identity and personality,” Evanston, Illinois-based Rimland Services NFP delivers stability to those whose lives may face challenges. Founded in 1970, Rimland Services is the oldest agency in Illinois that serves the educational, vocational, and residential […]

April 03, 2019

Woodlawn on the Rise

Bob Tucker, CCLF’s Chief Operating Officer and Executive Vice President of Programs, shared observations and explained CCLF’s role in the revitalization and renewal taking place in Chicago’s Woodlawn community with The Chicago Tribune’s Corilyn Shropshire. Click here to read the complete article, “Making A Comeback,” as seen in the Sunday, March 31, 2019, issue of […]

March 18, 2019

CLTV Segment: CCLF Invests in the Community

CLTV welcomed CCLF’s Maurice Williams, Vice President of Economic Development, to discuss CCLF’s current endeavors in the network’s  Business Watch segment March 16, 2019.  Produced by Chaundanine Oluwole, the complete segment may be viewed here. Chicago Community Loan Fund is dedicated to doing its part in developing Chicagoland’s communities. For 28 years, CCLF has provided funds for developments like […]

January 14, 2019

The Hatchery Opens With Ribbon-cutting Ceremony

A new start-up food business incubator opened December 6, 2018, bringing energy and enthusiasm to Chicago’s East Garfield Park neighborhood: The Hatchery Chicago. Well-attended by culinary enthusiasts, community groups, U.S. Congressman Danny Davis, Chicago Mayor Rahm Emanuel, World Business Chicago CEO Andrea Zopp, 27th Ward Alderman Walter Burnett, 28th Ward Alderman Jason Ervin, and celebrity […]

January 14, 2019

Benefit Chicago Commits to Repurpose Initiative

On December 11, 2018, Benefit Chicago, a social investment fund sponsored by The Chicago Community Trust, Calvert Impact Capital, and the John D. and Catherine T. MacArthur Foundation, announced that it would provide $5 million in financing to CCLF’s Repurpose Initiative. The Repurpose Initiative focuses on revitalizing shuttered Chicago Public School buildings on the city’s […]

January 14, 2019

LUCHA’s Tierra Linda Housing Project Wins Social Justice Award

LUCHA received the 2018 Opportunity Finance Network’s (OFN) Social Justice Award during its annual conference held at the Marriott Marquis, October 8-11, 2018, in Chicago. Each year, OFN awards the OFN Conference Justice Grant to a nonprofit organization whose mission is consistent with OFN’s core purpose of aligning capital with social, economic, and political justice. […]

January 14, 2019

U.S. Bank Pullman Community Center Makes Grand Debut

Thanks to the dedication of neighborhood leaders, local developers, and community-focused funders, Chicago’s Pullman Neighborhood has a new destination: U.S. Bank Pullman Community Center. The Center’s lively grand opening took place on November 8, 2018. Constructed on 12 acres of previously long-vacant land, the 135,000-square-foot Pullman Community Center is the largest multi-sport complex in the […]