News

August 04, 2021

Rehab Begins on Rebuild Property

July 12 brought the Kick-Off/Demo Day for a property under the Chicago Neighborhood Rebuild program. Located at 7222 S. Vernon in Chicago’s Park Manor neighborhood, the site is the first rehab of a CCLF-acquired property then sold to a developer participating in the Chicago Neighborhood Rebuild Program. Originally built in 1914, the 1,914 square foot, […]

August 04, 2021

Groundbreaking Celebration Held For Maywood Supportive Living

Rains held off long enough on June 23 to brighten Celadon Partners, LLC groundbreaking celebration of Maywood Supportive Living. Celebrated in tandem with COVID-19 precautions, the festive outdoor event recognized the major historic redevelopment of a five-story, 133,000-square-foot supportive living facility for seniors located at 316 Randolph Street in Maywood, Illinois. In attendance were state […]

August 04, 2021

CCLF’s 2021 Annual Stakeholders Meeting Highlights Resiliency During the Pandemic

On June 17, CCLF held its Annual Stakeholders Meeting virtually for the second consecutive year. Funders, investors, borrowers and supporters joined to learn how their funding and partnership increased CCLF’s social impact in low- to moderate-income neighborhoods during the COVID-19 pandemic and the fund’s plans post-pandemic. The program included live reports and presentations of borrower […]

June 17, 2021

CCLF Holds 2021 Annual Stakeholders Meeting

On Thursday, June 17, 2021, CCLF hosted its 2021 Annual Stakeholders Meeting on a virtual platform. The production included live reports and presentations of borrower projects that demonstrate CCLF’s perseverance and community outreach during the unprecedented challenges of 2020. Click here to watch CCLF’s 2021 Annual Stakeholders Meeting. The virtual meeting’s audience included investors, funders, […]

May 03, 2021

NBC-5 Chicago Features MLK Apartments During Black History Month

In 1966, at the height of the Civil Rights Movement, Rev. Dr. Martin Luther King, Jr. turned his attention toward Northern cities to expose the social injustices presumed to only exist in the South. His focus settled on Chicago. Bringing the movement to Chicago, Dr. King and his family relocated into an apartment on Chicago’s […]

May 03, 2021

RPT Development Continues to (Re)Build

Takeisha Washington, President of RPT Development Group, Inc. (RPT), has a strong relationship with CCLF and together the work of rebuilding Chicago’s neighborhoods continues. RPT is a 14-year-old corporation engaged in acquiring, rehabbing, and sales or lease of often-neglected properties in low- to moderate-income communities. The corporation focuses on residential single-family homes and multi­-unit properties, […]

May 03, 2021

CCLF Implements 2021-2024 Strategic Plan

As Chicago Community Loan Fund positions itself for the “new normal” of the post-COVID-19 era, CCLF has implemented a comprehensive four-year strategic plan that will enable the organization to further its mission and better serve Chicagoland’s communities. The four strategic focus areas of CCLF’s 2021-2024 Strategic Plan positions CCLF to expand, partner and invest. CCLF […]

May 03, 2021

CCLF Outlines Deployment of MacKenzie Scott Donation

On December 15, 2020, philanthropist MacKenzie Scott announced $4.1 billion in donations to 384 organizations across all 50 states, Puerto Rico, and Washington D.C. Scott and her team undertook a rigorous, data-driven due diligence process to select the 384 donation recipients from 6,490 organizations considered. The organizations were selected based on data analysis on community […]

April 26, 2021

CCLF Featured In “Conversations With The Citizen”

CCLF’s Wendell Harris, Vice President of Lending Operations, engaged in discussion with The Chicago Citizen newspaper’s Tia Jones for a 30-minute podcast discussing CCLF and our initiatives in Chicagoland’s low- to moderate-income communities. In addition to the podcast, The Chicago Citizen also featured CCLF in a print and online article entitled “Neighborhoods Feel Financial Institution’s […]

March 16, 2021

RFQ for the Chicago Neighborhood Rebuild Pilot Program

Chicago Community Loan Fund in partnership with the City of Chicago released a Developer Request for Qualifications (RFQ) for the Chicago Neighborhood Rebuild Program (CNRP). Through this request, CCLF seeks Developers (including not-for-profit and/or faith-based organizations) with strong experience in rehabilitation and sale of single family and 2-flat properties, and a familiarity with overall South […]