REFLECTING ON 2023 AND LOOKING AHEAD
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. […]
Chicagoland Owners Land Trust
To learn more download The COLT Federation deck by clicking here.
DEMERA ETHIOPIAN RESTAURANT COMING TO BRONZEVILLE
Chicago is known worldwide for its exceptional cuisine. According to Travel and Leisure, Chicago has 50 James Beard Award winning restaurants and more than 20 Michelin-star-award winners.Because of the city’s diverse population, the cuisine varies from ethnicities around the world. Many immigrants who desire the food from their homeland start cooking for family and friends. […]
THE COVENT APARTMENTS: AN SRO WITH STYLE
Living in a big city can be expensive. Apartments in Chicago are at a premium, especially in neighborhoods like Lincoln Park on Chicago’s North Side. The average studio apartment in Lincoln Park goes for approximately $1,189.00 to $1,378/month for around 398 Sq. Ft. according to various rental property websites. However, a new apartment building has […]
CCLF YEAR IN REVIEW: TAKING COMMUNITY DEVELOPMENT TO THE NEXT LEVEL
2023 was a banner year for CCLF! When the books were closed, our numbers showed that it was our best year, ever! At the start of the year, we set high goals, and the hard work of our entire team allowed us to end the year with a total of 31 loans for over $42.6 […]
CCLF HONORED BY SHOREBANK ALUMNI WITH DONATION
Recently, CCLF was honored with a financial award from the ShoreBank Alumni Planning Committee after the 50th Anniversary Celebration of ShoreBank’s founding. In conjunction with ShoreBank’s donation, Faith-Walk Church International and Senior Pastor, Dwayne D. Brown, bestowed upon CCLF an additional contribution. According to ShoreBank Alumni Planning Committee member, Kim Jones, Vice President Director of […]
ASPIRE CENTER – REPURPOSING SPACES FOR A STRONGER COMMUNITY
In 2013, Chicago Public Schools (CPS) made the unprecedented decision to close 50 schools at once throughout the city in an effort to balance the budget. It was the largest mass closing of schools in one city in our nation’s history. No other city had ever attempted such an undertaking. This decision left 50 abandoned […]
PRO BONO WORK OF ATTORNEYS LEAD TO THRIVING COMMUNITIES
CCLF provides flexible and affordable financing for real estate transactions that benefit low- to moderate-income households throughout metropolitan Chicago. CCLF is able to keep interest rates low for borrowers because of its many social impact investors but also because of pro-bono attorneys. In 2022, pro-bono attorneys provided CCLF with $783,628 worth of free legal services. […]
SPUTNIK COFFEE: BREWING UP SOMETHING GOOD
According to a 2015 groundbreaking study conducted by Technomic for the National Coffee Association, 76% of American adults drank coffee either at home or at one of the one million foodservice venues in the United States. The study revealed that the coffee industry has a $225.2 billion economic impact in the U.S., generated $28 billion […]
SENATOR DICK DURBIN – ADVOCATE FOR COMMUNITY DEVELOPMENT
Senator Dick Durbin has served in government since 1983 and in the U.S. Senate since 1997. He is currently the Democratic Whip, which is the second highest office in the U.S. Senate. Issues of equity and fairness for all Americans have always been the focus of his public service. The largest city in Senator Durbin’s […]
