News

June 17, 2026

SUNSHINE GOSPEL MINISTRIES: SHINING LIGHT ON CHICAGO’S SOUTH SIDE

Chicago’s South Side is home to a wide range of social service organizations, but few have demonstrated the longevity and enduring community impact of Sunshine Gospel Ministries (SGM). Founded in 1905, SGM has evolved significantly over its more than century-long history. The organization began as a mission of Moody Church in Chicago, providing support to […]

June 17, 2026

THE IMPACT OF CDFIs FROM AN INVESTOR’S PERSPECTIVE

Throughout 2025, the Community Development Financial Institution (CDFI) industry faced one of the most challenging periods in its history, confronting a series of significant threats that had the potential to reshape community revitalization and wealth-building efforts across the country. Despite these unprecedented challenges, CDFIs remained steadfast in their mission. The industry’s resilience was reflected in […]

June 17, 2026

MESSAGE FROM THE PRESIDENT: 35 YEARS AND COUNTING: THE POWER OF COMMUNITY INVESTMENT

In 2025, the Chicago Community Loan Fund (CCLF) achieved one of the strongest years in its history, delivering critical capital and resources to low- and moderate-income communities across Chicagoland. This success comes amid a continually evolving economic and political landscape, underscoring the organization’s resilience and focus. As CCLF marks its 35th anniversary in 2026, its […]

February 24, 2026

CCLF YEAR IN REVIEW: 2025 CHALLENGES AND TRIUMPHS

As we look back on 2025, the year clearly tested the resilience and resolve of CCLF. The real estate lending environment was marked by persistent headwinds – uncertain and elevated construction costs, reductions in key federal programs, and broader market volatility that challenged projects at every stage. Yet, in the face of these obstacles, CCLF […]

February 24, 2026

PARTING IS SUCH SWEET SORROW

“Board members play very significant roles providing guidance to nonprofits by contributing to the organization’s culture, strategic focus, effectiveness, and financial sustainability, as well as serving as ambassadors and advocates. Beyond fulfilling legal duties, board members can be important resources for the organization in multiple ways,” National Council of Nonprofits website. A strong Board of […]

February 24, 2026

AN ALTERNATIVE TO TRADITIONAL HOMEOWNERSHIP

Achieving the “American Dream” of homeownership is increasingly out of reach for many individuals and families. Rising housing costs, elevated interest rates, and an uncertain economic climate have made purchasing a home especially challenging for first-time home buyers. However, an alternative model of homeownership is gaining momentum: the Community Land Trust (CLT).  Across the country […]

October 20, 2025

SACRED APARTMENTS: ANCHORING A COMMUNITY

In the heart of South Chicago, a new development is reshaping the conversation around affordable housing. The SACRED Apartments – short for Sacred Affordable Commercial Real Estate Development –represent a major step forward for a neighborhood long in need of equitable housing solutions. With a median income of just $42,456, significantly below the area median […]

October 20, 2025

LITTLE ANGELS FAMILY DAYCARE: QUALITY CARE FOR CHILDREN

For working parents with young children who have not yet reached school age, securing reliable childcare is a critical concern. High-quality, affordable options are essential – but often difficult to find. In the Englewood neighborhood, however, parents are thankful to have access to quality childcare in their community. Little Angels Family Daycare (LAFD) is a […]

October 20, 2025

UNITED YARDS: BRINGING EXPANSION TO BACK OF THE YARDS

The Back of the Yards neighborhood on Chicago’s Southwest Side has long reflected the city’s rich immigrant history. Beginning in the late 1800s, Irish and German immigrants settled in the area, drawn by the promise of work in the booming Union Stockyards. By the early 20th century, they were joined by new waves of Czechoslovakian, […]

October 20, 2025

ASPIRE CENTER FOR WORKFORCE INNOVATION RIBBON CUTTING

The Austin community has welcomed a transformative new addition: the Aspire Center for Workforce Innovation, which officially opened in June 2025. Located at 5500 W. Madison Street, the state-of-the-art facility now stands as a symbol of revitalization and opportunity in the heart of Chicago’s West Side. The Aspire Center occupies the former Emmet Elementary School […]