Ribbon-Cutting Celebrates The New Mark Twain Hotel
The Mark Twain Hotel, a landmark property in Chicago’s Gold Coast neighborhood, reopened with much celebration March 6. Hosted by The NHP Foundation, the property’s reopening was celebrated with a ribbon-cutting ceremony attended by Chicago Mayor Lori Lightfoot, 27th Ward Alderman Walter Burnett, Jr., 48th Ward Alderman and Chairman of the city’s Committee of Housing […]
Maywood Celebrates “Start of Construction” of Fifth Avenue Apartments
On a frosty day in February, the Village of Maywood was the site of renewal as local dignitaries, investors, developers and area residents gathered for a “Start of Construction” celebration of the forthcoming Fifth Avenue Apartments. Hosted by developer Interfaith Housing Development Corporation (IHDC), the event lauded the transformation of a long-vacant lot located at […]
2019 In Review: A Year of Growth and Impact for CCLF
As 2019 came to a close, CCLF reflected on a very successful year that saw milestone growth in its operations and social impact. In June, CCLF reached $100 million in total assets and ended the year with $79 million in loans outstanding to 145 customers working to create communities where people thrive. In 2019, CCLF […]
CCLF and Chicago TREND Debut $5 Million Investment from Fifth Third Bank
CCLF, in partnership with Chicago TREND, hosted a special event on October 24, 2019, to announce a new investment from Fifth Third Bank designed to finance strategic catalytic commercial development in Chicago. The first borrower supported by this funding is the Lillian Marcie Center for the Performing Arts, a new performing arts center and ancillary […]
Coffee Giant Starbucks Invests in CCLF, Chicago-area CDFIs
Starbucks Coffee Company announced its plans to invest $10 million in four community lenders—CCLF, Accion Chicago, IFF and Local Initiatives Support Corporation (LISC)—to drive economic opportunity in Chicago. Starbucks’ investment is expected to help finance more than 500 loans to foster growth in small business, support community development projects and create more jobs in Chicago’s […]
Salsedo Press: Print Revolution
Despite changing trends and preferences, the science of printing and print production has endured since Gutenberg first introduced the printing press in 1436. The industry continues to flourish in Chicago’s Humboldt Park neighborhood at Salsedo Press, Inc. Established in 1969, Salsedo Press is a minority-owned worker cooperative firm that offers core printing and finishing services […]
Building For The Better: Greater Chicagoland Fellowship
Greater Chicagoland Fellowship (GCF) has a mission to provide affordable housing for low- to moderate-income individuals and families and help in revitalization efforts in Lake, DuPage, McHenry, Cook and Will counties. On a balmy morning in September, GCF put the finishing touches on a rehabbed, single-family home in Streamwood, Illinois, sold to a family of […]
The Road To Righteousness
Emma’s House celebrated with a ribbon-cutting ceremony on September 28, 2019, announcing the opening of a new resource for women suffering from drug and alcohol abuse in the Austin community of Chicago. Named after Alderman Emma Smith, a staunch supporter of Emma’s House, the facility is a three-story mansion with 7 bedrooms and 5 baths […]
Amped Kitchens Breaks Ground on First Chicago Location
Los Angeles-based CED Food LLC broke ground on its Chicago Prep project in July 2019, bringing Amped Kitchens to Chicago’s Belmont-Cragin neighborhood. Amped Kitchens, located at the former Zenith Electronics site in Belmont-Cragin, will be CED Food’s first location outside California. When completed, Amped Kitchens will offer 7,500 square feet of space with 64 kitchens […]
Chicago’s Historic Daley’s Restaurant Relocates to CCLF/Chicago TREND -Financed Retail Space In Woodlawn Station
“Serving Woodlawn for over a century,” Daley’s Restaurant—Chicago’s oldest restaurant—has moved into its new, 21st century home in CCLF/Chicago TREND-financed retail space in Woodlawn Station. A mainstay for 126 years at 809 E. 63rd Street in the Woodlawn neighborhood, Daley’s moved across the street to its 5,900-square-foot space this summer in Woodlawn Station, located at […]
