Chicago Community Loan Fund
Chicago Community Loan Fund offers affordable financing and support for community development in low income areas across Chicago.
VISION IN ACTION
Chicago Community Loan Fund (CCLF) plays a unique role in community development throughout Chicagoland: the loans often fill credit gaps that few other lenders can or will cover, such as complete financing for very small projects or gaps in larger projects.
CCLF is often the first lender to finance a compelling community development project, making a critical difference in whether it moves forward—or not. Their energy and patience allow them to champion challenging, but high-impact projects. Typically, their early loans pave the way for additional financing from other lenders and funders.
They don’t just do loans. They roll up our sleeves and provide customized technical assistance and support to help local visionaries succeed. Organizations discover new resources and grow by working with them. They particularly encourage the use of sustainable building practices in projects they finance.
Objectives
Supports Chicago community-driven solutions.
Offers affordable financing and support for community development in low- to moderate-income areas across metropolitan Chicago.
Promote local asset ownership to create wealth and opportunities in the community.
Impact score
A dollar can do good in a million different ways. Here's what investing in Chicago Community Loan Fund does:
Economic Opportunity
70%
Social Justice
90%
Education
40%