CCLF RECEIVES SECOND MacKENZIE SCOTT AWARD
Chicago Community Loan Fund (CCLF) is honored to be a $15 million recipient of a MacKenzie Scott grant. Lightning does strike in the same place twice as Ms. Scott awarded CCLF $10 million four years ago. MacKenzie Scott is a trailblazer in the world of philanthropy because of her large unrestricted grants to nonprofits. She […]
CALVIN L. HOLMES DEPARTS CCLF, BOB TUCKER APPOINTED PRESIDENT
The Chicago Community Loan Fund (CCLF) is a 33-year-old Community Development Financial Institution and 26 of those 33 years, it was led by Calvin L. Holmes. After a long and successful career in community development, Calvin has decided to depart the house that he helped build. The CCLF board has appointed Bob Tucker as its […]
Departure of Calvin Holmes from Chicago Community Loan Fund, Appointment of Bob Tucker as President
JPMorgan Chase Announced $10MM Investment in CCLF for Communities of Color Fund
JPMorganChase announced a $10 million investment to advance affordable housing development and revitalize neighborhoods in Chicago’s South and West sides on Tuesday, September 10, 2024 at the Aspire Center in the Austin community. The new loan to the Chicago Community Loan Fund (CCLF), a certified Community Development Financial Institution (CDFI), is part of JPMorganChase’s $200 […]
2024 CCLF STAKEHOLDERS MEETING
Over 70 investors, funders, supporters, and staff joined the Chicago Community Loan Fund (CCLF) on Thursday, May 23, 2024, for the Annual Stakeholders Meeting at the Wintrust Conference Center in the Loop, which was the second in-person Stakeholders Meeting since the pandemic. CCLF President, Calvin Holmes, welcomed attendees and recognized that the growth of the […]
GROUNDBREAKING CELEBRATION FOR IT TAKES A VILLAGE FAMILY OF SCHOOL
On June 14, 2024, the Community Education Network also known as It Takes a Village (ITAV) Family of Schools, held a groundbreaking ceremony to memorialize with speeches and photos the continued growth of the school network. ITAV purchased the shuttered Hales Franciscan High School, which once stood as the pride of the Archdiocese of Chicago […]
THE NEIGHBOR PROJECT: TRANSFORMING AURORA
Affordable housing is a serious problem that is at crisis levels in the U.S., for both home purchases home rentals. According to the 2024 State of the Nation’s Housing by the Joint Center for Housing Studies of Harvard University: “Both homeowners and renters are struggling with high housing costs. On the for-sale side, millions of […]
CHICAGOLAND OPPORTUNITY ZONE CONSORTIUM HOSTS INVESTMENT SHOWCASE
On February 21, the Chicagoland Opportunity Zones Consortium (COZC) hosted an Investment Showcase to spotlight the work of early-stage business entrepreneurs advancing original and impactful ventures on the south and west sides of Chicago. The COZC partnered with Taft, Stettinius & Hollister LLP who fully supported the event including the use of their state-of-the-art conference […]
PUBLIC POLICY IN ACTION
By DeMario Greene, Director of Policy and Government Relations For over the thirty-three-years, CCLF has been able to distinguish itself as an agent of community revitalization – not only through its innovative lending products but also through its work to support positive public policy proposals on the local, state, and federal levels. CCLF is currently […]
AFFORDABLE HOME BUYING THROUGH COMMUNITY LAND TRUST
Home ownership is a dream of countless Americans, but for so many, the dream is out of reach.According to the National Association of Realtors, “While the U.S. homeownership rate increased to 65.5% in 2021, the rate among Black Americans lags significantly (44%) and has only increased 0.4% in the last 10 years and is nearly […]
