CCLF - Community Blueprint E-Newsletter
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COMMUNITY BLUEPRINT CCLF E-NEWSLETTER OF COMMUNITY DEVELOPMENT PROJECTS, ISSUES & FEATURES 1st Quarter /2012
CCLF Impact Grows in 2011 CCLF reaches milestone of $30 million in capital under management With the support of our partners in 2011, CCLF significantly increased our impact as we continued to help Chicagoland's hardest-hit communities move towards economic recovery. 2011 highlights include: • We closed our largest loan ever, a $5,224,434 loan to St. Edmund's Court in Washington Park for a 36-unit affordable housing building, as part of the City of Chicago Neighborhood Stabilization Program. • CCLF President Calvin Holmes testified before the Senate Appropriations Subcommittee on Financial Services and General Government in Washington, DC to help protect funding for the CDFI Fund. • The Technical Assistance team launched the Sustainability 101 Series, providing workshops for more advanced practitioners of green building in community development. • We celebrated the grand opening of the King Legacy Apartments in North Lawndale, a 42-unit affordable housing project for which CCLF provided a predevelopment loan in 2009.
In This Issue CCLF in 2011 2011 By the Numbers Year of Cooperatives CCLF Noteworthy CCLF on Twitter Annual Report Online
Connect with CCLF on Twitter
You can stay up to stay up to date on CCLF and other industry news and events by following CCLF on Twitter @cclfchicago.
Project Readiness Workshop on March 27
• PNC Bank extended our largest-ever line of credit with $5 million to support our City of Chicago NSP work, expanding their existing $2 million investment.
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