Chicago Community Loan Fund
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Grants
15
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Impact Investments
3
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Total Awarded
$10,855,000
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Years
1991 - 2024
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Categories
Grants and Impact Investments
2024 (3 years)
$300,000
The Chicago Community Loan Fund (CCLF) is a federally certified Community Development Financial Institution (CDFI) founded in 1991. CCLF provides financing and technical assistance to community ventures that benefit low- to moderate-income neighborhoods, families, and individuals throughout metropolitan Chicago. It works in four areas: housing, commercial real estate, community facilities, and social enterprises. This award for general operating support provides resources to CCLF to continue fulfilling its core mission while also providing technical assistance and capacity support to community based organizations that wish to engage in economic development in the Chicago metropolitan region.
2023 (3 years)
$300,000
The Chicago Community Loan Fund (CCLF) is a federally certified Community Development Financial Institution (CDFI) founded in 1991. CCLF provides financing and technical assistance to community ventures that benefit low- to moderate-income neighborhoods, families, and individuals throughout metropolitan Chicago. It works in four areas: housing, commercial real estate, community facilities, and social enterprises. Loan recipients receive technical assistance as well as financing. With this award, CCLF coordinates the Chicagoland Opportunity Zones Consortium, a collaboration of nearly 30 CDFIs, private sector actors, government entities, and community development organizations to identify projects in Opportunity Zones in Illinois and match them with investors.
2022 (1 year)
$100,000
The Chicago Community Loan Fund (CCLF) is a federally certified Community Development Financial Institution (CDFI) founded in 1991. CCLF provides financing and technical assistance to community ventures that benefit low- to moderate-income neighborhoods, families, and individuals throughout metropolitan Chicago. It works in four areas: housing, commercial real estate, community facilities, and social enterprises. Loan recipients receive technical assistance as well as financing. With this award, CCLF coordinates the Chicagoland Opportunity Zones Consortium, a collaboration of more than two dozen CDFIs, private sector actors, government entities, and community development organizations to identify projects in Opportunity Zones in Illinois and match them with investors.
2021 (1 year)
$100,000
The Chicago Community Loan Fund (CCLF) is a federally certified Community Development Financial Institution (CDFI) founded in 1991. CCLF provides financing and technical assistance to community ventures that benefit low- to moderate-income neighborhoods, families, and individuals throughout metropolitan Chicago. It works in four areas: housing, commercial real estate, community facilities, and social enterprises. Loan recipients receive technical assistance as well as financing. With this award, CCLF coordinates the Chicagoland Opportunity Zones Consortium, a collaboration between CDFIs, private sector actors, government entities, and community development organizations to identify projects in Opportunity Zones in Illinois and match them with investors.
2020 (1 year)
$50,000
The Chicago Community Loan Fund (CCLF) is a federally certified Community Development Financial Institution founded in 1991. CCLF provides financing and technical assistance to community ventures that benefit low- to moderate-income neighborhoods, families, and individuals throughout metropolitan Chicago. It works in four areas: housing, commercial real estate, community facilities, and social enterprises. Loan recipients receive technical assistance as well as financing. With this award, CCLF engages consultants to produce (1) a new strategic plan, and (2) a financial plan, both of which will aid it in responding to the economic impacts of COVID-19.
2019 (2 years 7 months)
$215,000
The Chicago Community Loan Fund (CCLF) is a federally certified Community Development Financial Institution (CDFI) founded in 1991. CCLF provides financing and technical assistance to community ventures that benefit low- to moderate-income neighborhoods, families, and individuals throughout metropolitan Chicago. With this award, CCLF creates and coordinates a consortium of CDFIs, government entities, and community development organizations to identify projects in Opportunity Zones in Illinois and match them with investors. It also adds a new staff position focused on public policy.
2019 (2 years)
$500,000
The Chicago Community Loan Fund (Loan Fund) is a federally certified Community Development Financial Institution (CDFI) founded in 1991. The Loan Fund provides financing and technical assistance to community ventures that benefit low- to moderate-income neighborhoods, families, and individuals throughout metropolitan Chicago. To spur the revitalization of neighborhood business districts in economically depressed areas of Chicago, the Loan Fund works with Transforming Retail Economics for Neighborhood Development (TREND). TREND is a for profit citywide intermediary that serves as a centralized resource for real estate developers, retailers, and community development organizations seeking to support neighborhood and sub-regional retail shopping development in divested areas in the region. An earlier grant from the MacArthur Foundation supported the work of the Loan Fund with TREND. This renewal of support of the Loan Fund’s work with TREND complements both a program-related investment from the Foundation and a proposed program related investment as part of the Benefit Chicago initiative.
2016 (2 years 8 months)
$1,400,000
The Chicago Community Loan Fund (the Loan Fund) is a federally-certified community development financial institution that provides financing and technical assistance to a range of community ventures in low-income areas throughout the Chicago metropolitan region. To spur the revitalization of neighborhood business districts in economically depressed areas of Chicago, the Loan Fund supports Chicago TREND (Transforming Retail Economics for Neighborhood Development), a city-wide intermediary that offers technical and financial tools to support neighborhood and sub-regional retail shopping development. Grant support for TREND complements a program-related investment from the Foundation.
2016 (12 years 1 month)
$5,000,000
A loan to help launch the Chicago TREND initiative to encourage commercial development in low and moderate income communities of Chicago.
2015 (1 year)
$400,000
The Chicago Community Loan Fund (the Loan Fund) is a federally certified community development financial institution that provides financing and technical assistance to a range of revitalization efforts in low-income areas throughout the metropolitan region. In an effort to spur the vitality of neighborhood business districts in economically depressed areas of Chicago, the grant supports the Chicago Community Loan Fund's launch of Chicago TREND (Transforming Retail Economics for Neighborhood Development), a city-level intermediary to house a range of technical and financial tools to support neighborhood and sub-regional retail shopping development.
2009 (1 year)
$500,000
To support institutional strengthening and growth.
2008 (1 year)
$500,000
To preserve affordable rental housing in Chicago as part of The Preservation Compact.
1999 (17 years 1 month)
$650,000
To support community development lending in low-income communities.
1996 (3 years)
$165,000
In support of general operations (over three years).
1995 (20 years 11 months)
$500,000
Program-related investment to support nonprofit community development in Chicago, focusing on providing pre-development loans that encourage additional financing from conventional lenders.
1994 (2 years)
$50,000
In support of general operations (over two years).
1993 (1 year)
$5,000
To support strategic planning.
1991 (1 year)
$120,000
To support staffing needs.
