Danny Davis (D-IL07)

Impact in the District

Between 2005 and 2023, there was $1.5 billion in total lending from CDFI Fund award recipients, including $334.5 million in loans to businesses and entrepreneurs, $634.4 million in housing development and mortgage lending, $355.1 million in lending to commercial real estate and community facilities, with the balance going to other activities. For more impact data, check out the CDFI Advocacy App over at CDFI Friendly America.

Stories from the District
B.U.I.L.D. Incorporated
Nonprofit BUILD Moves Quickly to Disrupt the Status Quo with a Bold Investment in Community Infrastructure on Chicago’s West Side
Chicago Commons Nia Family Center
Chicago Commons gains stability amid state budget impasse with IFF’s help
Chicago Jesuit Academy
The project is the construction of a 48,975 sq. ft. campus expansion and the rehabilitation of a 10,000 sq. ft. section of the existing Chicago Jesuit Academy, a tuition-free, non-selective, high-quality education program for Chicago youth. The project will renovate a portion of the existing boys' school and construct a new, expanded school facility to serve young female students.
Churchview Senior Supportive Living
Churchview Senior Supportive Living, located in Chicago, IL. is an existing supportive living property consisting of eight-six units for seniors that are 65 and older.
Covenant House Illinois
Covenant House Illinois Doubles Down on Ending Youth Homelessness with More Beds and Services in East Garfield Park
Covenant House Illinois (OFN Story)
When Covenant House Illinois needed bridge financing for a new facility in Chicago, IFF provided a $605,000 loan that enabled the organization to move forward with the acquisition and renovation of the 25,000 sq. ft., $8.9 million, transit-accessible facility that will more than triple the number of interim beds the organization offers to the young people it serves.
CDFIs with Branches in the District
Allies for Community Business
Berean Credit Union
C T A F C
C3 Impact Fund
Chicago Community Loan Fund
Chicago Municipal Employees Credit Union
Chicago Municipal Employees Credit Union
Cinnaire Lending Corporation
Community Investment Corporation
CTAFC FCU
Fellowship Baptist Church Credit Union Inc
First Eagle Bank
GN Bank
IFF

Map of CDFI Branches and Stories in

Illinois Fact Sheet