News

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 […]

August 05, 2025

2025 CCLF ANNUAL MEETING

On Wednesday, May 21, CCLF staff, board members, investors, funders, and partners met at DePaul University’s downtown Chicago campus for CCLF’s Annual Meeting. Erik Hall, CCLF Board Chair, welcomed attendees and provided an overview of the morning’s agenda. He recognized the board members in attendance and gave a special acknowledgment to Matt Reilein, Chair of […]

August 04, 2025

GREEN ERA: THE FUTURE OF ENVIRONMENTAL SUSTAINABILITY

The ribbon has officially been cut on a groundbreaking environmental initiative on Chicago’s South Side. This award winning, one-of-a-kind project sets a new standard for food waste management in Chicago, transforming organic waste into nutrient-rich compost and renewable energy through the use of advanced anaerobic digestion technology. The Green Era Renewable Energy and Urban Farming […]

August 04, 2025

HONORING PUBLIC HOUSING RESIDENTS

In response to the severe housing shortage during the Great Depression, the United States took its first major steps toward public housing reform in the 1930s. The Federal Housing Administration (FHA), established in 1934, played a key role in implementing housing initiatives under the New Deal – a broad set of programs and reforms designed […]

June 13, 2025

Calvin L. Holmes’ Retirement Celebration

After nearly 30 years at Chicago Community Loan Fund and 26 years as its president, Calvin L. Holmes retired in December 2024. In honor of his phenomenal career in community development and working to make a difference to transform neighborhoods throughout Chicagoland, a celebration was given to express appreciation from board members, funders, investors, community […]

May 02, 2025

PROTECTING PROSPERITY FOR ALL

CCLF is a Community Development Financial Institution (CDFI) and is in the community development business, lending its resources to help create communities that thrive. 2025 already has been a whirlwind for the community development industry. The industry has received a great deal of attention from people who may not know much about community development, so […]

May 01, 2025

Encuentro Square Ribbon Cutting

On a snowy Saturday morning in February, an elated group of community partners, elected officials and residents gathered in Logan Square to celebrate the long-awaited opening of a new affordable housing development. Encuentro Square features two vibrant, welcoming buildings located at 3759 W. Cortland and 1844 N. Ridgeway, positioned along the western edge of the […]

May 01, 2025

DEERFIELD SUPPORTIVE LIVING GROUNDBREAKING

According to Urban.org, “Within the next decade, older adults will outnumber children for the first time in American history. As Americans live longer, their housing needs will change, but our current housing market is ill prepared for this demographic shift.” Affordable housing is a ‘hot button’ issue in today’s current state of affairs. More and […]