for stronger neighborhoods
CCLF helps people in emerging neighborhoods bring their ideas to life. Since 1991, we have aligned capital with equitable social and economic outcomes. By moving challenging projects and initiatives forward, we empower residents and communities to build better futures.
We See Our Neighbors and Their Strengths
CCLF knows our borrowers and the tremendous talents they bring to their communities. Where others only see risk, we see potential. We provide accessible financing and strategic support to community focused and based organizations and enterprises that are typically left out—because we know these visionaries are essential to Chicagoland’s success.
Building on through times of crisis
We’re leveraging CCLF’s expertise and capacity to assist our customers and the many new borrowers in dire need of support during COVID-19 and civil unrest. Every community developer and every entrepreneur we sustain is a vital part of Chicagoland’s fabric. By helping them stay resilient, we’ll all get through this challenging time together.
How we’re responding
Partnered with city, county and state governments to help distribute an estimated $35 million in resiliency loans and grants to the public.
Assisted over 100 callers with Payroll Protection Program applications through a pop-up call center offering one-on-one support to small non-profits and vulnerable community businesses.
Created the Chicagoland COVID-19 Community Development Resource Guide to help small enterprises navigate emergency funding opportunities and other available tools.
Provided hands-on technical assistance to small businesses and nonprofits through webinars, virtual forums and telecommunications.
Our Areas of Impact
Making dreams for a better home come true in Northern Illinois
We help borrowers buy and rehab single-family, multi-family and cooperative housing in disinvested areas in order to create quality homes where people can flourish and grow.
Bringing a world-class performing arts center to Bronzeville
We finance the purchase and rehabilitation of properties that provide social services, jumpstart the local economy and bring arts and culture, education and jobs to Chicagoland neighborhoods.
Planting seeds for employment in West Englewood
We help visionary for- and not-for-profit organizations acquire the working capital and equipment necessary that, in turn, creates jobs for neighborhood residents and incubates community businesses that increase local wealth.
Cooking up innovation in Belmont-Cragin
We provide low-cost financing for strategic commercial real estate projects that revitalize communities, create local jobs and drive transformative change in lower-income neighborhoods.