CCLF had an incredibly fast start to 2024, originating and closing millions of dollars in loans in the first quarter and advancing important new developments in the communities we serve. Although the work is fast paced, constantly evolving, and always exciting, pausing for a moment and reflecting on CCLF’s past year of work is important.

2023 was CCLF’s best year in its 33-year history, closing over $42 million in loans – our largest year-end closing total ever. Just as important, we reached this milestone while maintaining a very low delinquency ratio, managing strong net income, and improving our overall Aeris rating.

Our incredible success was due to the entire CCLF team stepping up – with hard work, dedication, and adaptability – to meet the increased demand for our capital and services. The result was a level of investment that promises to bring lasting impact to the communities we serve. As Interim President, I am inspired by CCLF staff every day.

As we look ahead, 2024 promises to be a year of growth and new opportunities for CCLF. We plan to exceed our customers’ expectations, meet our commitments, and continue to deliver excellence in our work to help communities thrive. We recognize the importance of the investments and programs entrusted to us by all of our partners and funders. With their support, CCLF continues to make a difference.

Throughout the year, CCLF also will be working on its new strategic plan for the years ahead. We look forward to engaging our staff, Board of Directors, borrowers, investors, funders, and other partners to improve our work and find new ways to best deliver our services, while always remaining steadfast in our vision to do even more for our communities.

Thank you for being a partner in delivering this vision.

Bob Tucker
Interim President