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 […]
CCLF Receives Grant from Wells Fargo’s Open for Business Fund
In September, Wells Fargo announced approximately $8.5 million in grants from its Open for Business Fund to help the Chicago small business community pivot from surviving to thriving. CCLF was named a recipient of one of the grants, which will help increase access to capital with low-rate loans for women and diverse entrepreneurs, and provide […]
Rehab Begins on Rebuild Property
July 12 brought the Kick-Off/Demo Day for a property under the Chicago Neighborhood Rebuild program. Located at 7222 S. Vernon in Chicago’s Park Manor neighborhood, the site is the first rehab of a CCLF-acquired property then sold to a developer participating in the Chicago Neighborhood Rebuild Program. Originally built in 1914, the 1,914 square foot, […]
Groundbreaking Celebration Held For Maywood Supportive Living
Rains held off long enough on June 23 to brighten Celadon Partners, LLC groundbreaking celebration of Maywood Supportive Living. Celebrated in tandem with COVID-19 precautions, the festive outdoor event recognized the major historic redevelopment of a five-story, 133,000-square-foot supportive living facility for seniors located at 316 Randolph Street in Maywood, Illinois. In attendance were state […]
CCLF’s 2021 Annual Stakeholders Meeting Highlights Resiliency During the Pandemic
On June 17, CCLF held its Annual Stakeholders Meeting virtually for the second consecutive year. Funders, investors, borrowers and supporters joined to learn how their funding and partnership increased CCLF’s social impact in low- to moderate-income neighborhoods during the COVID-19 pandemic and the fund’s plans post-pandemic. The program included live reports and presentations of borrower […]
CCLF Holds 2021 Annual Stakeholders Meeting
On Thursday, June 17, 2021, CCLF hosted its 2021 Annual Stakeholders Meeting on a virtual platform. The production included live reports and presentations of borrower projects that demonstrate CCLF’s perseverance and community outreach during the unprecedented challenges of 2020. Click here to watch CCLF’s 2021 Annual Stakeholders Meeting. The virtual meeting’s audience included investors, funders, […]
NBC-5 Chicago Features MLK Apartments During Black History Month
In 1966, at the height of the Civil Rights Movement, Rev. Dr. Martin Luther King, Jr. turned his attention toward Northern cities to expose the social injustices presumed to only exist in the South. His focus settled on Chicago. Bringing the movement to Chicago, Dr. King and his family relocated into an apartment on Chicago’s […]
RPT Development Continues to (Re)Build
Takeisha Washington, President of RPT Development Group, Inc. (RPT), has a strong relationship with CCLF and together the work of rebuilding Chicago’s neighborhoods continues. RPT is a 14-year-old corporation engaged in acquiring, rehabbing, and sales or lease of often-neglected properties in low- to moderate-income communities. The corporation focuses on residential single-family homes and multi-unit properties, […]
CCLF Implements 2021-2024 Strategic Plan
As Chicago Community Loan Fund positions itself for the “new normal” of the post-COVID-19 era, CCLF has implemented a comprehensive four-year strategic plan that will enable the organization to further its mission and better serve Chicagoland’s communities. The four strategic focus areas of CCLF’s 2021-2024 Strategic Plan positions CCLF to expand, partner and invest. CCLF […]
