Grantee Profile

Chicago Community Loan Fund

Grants to Chicago Community Loan Fund

  • $5,000,000

    2016 (Duration 12 years)

    Impact Investments

    CHICAGO, ILLINOIS — A loan to help launch the Chicago TREND initiative to encourage commercial development in low and moderate income communities of Chicago.

  • $1,400,000

    2016 (Duration 2 years, 8 months)

    Community & Economic Development

    CHICAGO, ILLINOIS — 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.

  • $400,000

    2015 (Inactive Grant)

    Community & Economic Development

    CHICAGO, ILLINOIS — 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.

  • $500,000

    2009 (Inactive Grant)

    MacArthur Award for Creative & Effective Institutions

    CHICAGO, ILLINOIS — To support institutional strengthening and growth.

  • $500,000

    2008 (Inactive Grant)

    Housing

    CHICAGO, ILLINOIS — To preserve affordable rental housing in Chicago as part of The Preservation Compact.

  • $650,000

    1999 (Inactive Grant)

    Community Development

    CHICAGO, ILLINOIS — To support community development lending in low-income communities.

  • $165,000

    1996 (Inactive Grant)

    What We're Exploring: Cities, Information, and Governance

    CHICAGO, ILLINOIS — In support of general operations (over three years).

  • $500,000

    1995 (Inactive Grant)

    Impact Investments

    CHICAGO, ILLINOIS — Program-related investment to support nonprofit community development in Chicago, focusing on providing pre-development loans that encourage additional financing from conventional lenders.

  • $50,000

    1994 (Inactive Grant)

    CHICAGO, ILLINOIS — In support of general operations (over two years).

  • $5,000

    1993 (Inactive Grant)

    CHICAGO, ILLINOIS — To support strategic planning.

The MacArthur Foundation awarded Chicago Community Loan Fund $9,170,000 between 1978 and 2017.

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