COMMUNITY BLUEPRINTCCLF E-NEWSLETTER OF COMMUNITY DEVELOPMENT PROJECTS, ISSUES & FEATURES

4th Quarter/2012

2012: Year in ReviewWith support from our partners, CCLF extended our impact as we continued to help stabilize and revitalize communities throughout Chicagoland.

2012 Highlights:

$13.5 million in financing through 29 closed loans•Nearly $9 million dollars leveraged•Over 100 housing units created or preserved•Approximately 280 jobs created or preserved•Over 221,000 square feet of community facility or commercial square space created or preserved

•

Over 90 workshop participants in 10 workshops•

In 2012, CCLF's loans impacted 16 communities across Chicagoland. (Photos: Steve Becker)

CCLF Impact Receives National Media AttentionTwo recent national news features highlighted how CCLF and other CDFIs are an ideal way to give back to underserved Chicago communities. CCLF was featured in the Nightly Business Report (NBR) and Reuters for the positive social impact it has had on Chicagoland's lower-wealth communities. Read more on NBR's two-segment piece on social impact investing and the Reuters article on CDFI impact by visiting cclfchicago.org.

In This Issue

2012 Highlights

CCLF Featured in Reuters, Nightly Business Report

CCLF Financing Preserves Community Landmark

CCLF Joins The Plant for Groundbreaking

CCLF Noteworthy

CCLF Receives $15,000 Grant from Marquette Bank

CCLF Loan Helps Support Healthy Food Alternatives

CCLF's 2013 Workshops

CCLF Receives $15,000 Grant from Marquette Bank

This December, Marquette

Bank awarded CCLF a $15,000 program grant. We

greatly appreciate when long-term community partners like

Marquette Bank are in a position to help us expand our

neighborhood stabilizationwork.

CCLF Financing Preserves Austin Community LandmarkThis October, CCLF closed on a minipermanent loan to Westside Holistic Center, a 6-story community facility in the Austin neighborhood. The 85,883 square foot center, run by Westside Holistic Family Services, has been a fixture in the community since its founding in 1989 and currently houses medical offices, financial institutions, nonprofit professional offices and a charter school.

Westside Holistic Center faced a financial dilemma when their current mortgage holder would only renew their mortgage on an annual basis. CCLF recognized the long-term benefit of the center and stepped in to provide longer-term financing. "Westside Holistic Center is a one-stop destination providing vital services for the Austin community. We at CCLF are excited to provide financial products that support Westside Holistic Family Services and its mission," commented CCLF's Vice President of Lending Rob Rose.

At a time when traditional lenders are not able to offer needed financial products, CCLF steps in to fill the gap. With CCLF's support, Westside Holistic Family Services continues to promote life-long learning and preparation for self-sufficiency and meaningful employment.

CCLF Joins The Plant for Groundbreaking CeremonyCCLF joined The Plant in November as they celebrated the groundbreaking of their anaerobic digester in Chicago's Back of the Yards neighborhood. The construction of this new system marks the first major step in The Plant's path towards net-zero energy use. John Edel, founder and Executive Director of Bubbly Dynamics, LLC, which owns and operates The Plant, has been working with a team of volunteers to transform an abandoned meatpacking plant into a vertical farm and sustainable foods business incubator.

CCLF's loan financed the purchase and installation of the anaerobic digester and combined heat and power turbines. Together they will convert waste from The Plant and other local businesses into biogas that will be used to heat and light the building. Lowered energy bills will allow tenants to expand production and hire new employees, creating jobs in the community.

In the upcoming years, The Plant plans to house multiple small craft food businesses creating 125 new jobs in the distressed community while becoming a model for future projects. CCLF recognizes that supporting innovative, yet untested projects like The Plant goes a long way towards building sustainable neighborhoods.

CCLF Loan Helps Bring Healthy Food Options to

West Humboldt Park

Quentin Love, tenant of CCLF borrower West

Humboldt Park Development Council

(WHPDC), was recently featured in Cuisine

Noir magazine for his restaurant

TurkeyChop. TurkeyChop, whose doors open February

1, will offer healthier food choices in the West

Humboldt Park community. In September CCLF closed

on a $75,000 working capital loan for restaurant

build-out to WHPDC, enabling the introduction of healthy food alternatives to

the low- to moderate- income neighborhood.

Save the Date: 2013 Workshops

Project Readiness Workshops:

March 12, June 11, November 12

Housing Cooperatives and Communities Potluck:

Summer TBA

Building for Sustainability:

September 26-27

CCLF's Mark Fick; John Edel, Founder of Bubbly Dynamics; Ald. Pat Dowell of Chicago's 3rd Ward; Chief Sustainability Officer for the City of Chicago Karen

Weigert; and President of Eisenmann Corp. Mark Weist break ground at The Plant

CCLF Noteworthy

Thank You to Funders and InvestorsFor their recent grants, CCLF thanks Charter One Foundation, MetLife Foundation, PNC Foundation, Cole Taylor Bank, Opportunity Finance Network and Marquette Bank.

For their recent investments and renewals, CCLF thanks Barrington Bank & Trust, The Sustainability Group, The Suzanne LaFetra Trust and the Wieboldt Foundation.

Staff & Board NewsCCLF welcomes Thomas P. FitzGibbon, Jr. of Talmer Bank and Trust to our Board of Directors. At Talmer Bank and Trust, he is the Managing Director and Chief Operations Officer. Thomas is also adjunct Professor of Real Estate Finance at the Kellstadt Graduate School of Business at DePaul University, School of Commerce. He is a member of the Regional Lender Advisory Board for the Federal Home Loan Mortgage Corporation (Freddie Mac) and serves on the loan committee for the NeighborWorks® Capital Corporation.

CCLF is happy to welcome Bettye Claggette as our interim Finance & Accounting Associate. Her primary duties include handling bank receivables, processing draws and various accounting duties. Bettye had previously worked for Y-Me National Breast Cancer Organization. She has a business degree from Robert Morris University.

Sustainable Builders Working Group:

Last Thursday of every other month

Green Affordable Housing Training Series:

Cohort 2 will kick off January 31st

Contact Maureen atmmcquilkin@cclfchicago.org

for more information.

Board of Directors John L. Tuohy, Chair

Chapman and Cutler (retired)

Matthew R. Reilein, Vice Chair JPMorgan Chase & Co.

Charles Walls, Treasurer ComEd

Mohammed M. Elahi, Secretary Andes Capital Group LLC

Thomas P. FitzGibbon, Jr. Talmer Bank and Trust

Erik L. Hall Citigroup

Edward J. Hoynes, CPA Community Accounting Services

Ed Jacob Neighborhood Housing Services of

Chicago

Rafael M. León Chicago Metropolitan Housing Dev.

Corp.

Patricia Y. McCreary Consultant

Raymond S. McGaugh McGaugh Law Group

Steven QuasnyBMO Harris Bank

Nancy Radner Ounce of Prevention Fund

Kathryn Tholin Center for Neighborhood

Technology

Credit Memos: CCLF lends $2.3 million in Fourth Quarter

7256 S. Rhodes received a $102,400 minipermanent loan to finance an 8-unit apartment building in Greater Grand Crossing for use as affordable rental housing. This loan is part of the Cook County Preservation Compact. Thanks to Jessica Simons, Bradley Ritter and Matt Stoker of Paul, Hastings, Janofsky & Walker LLP for serving as CCLF's counsel on this transaction.

963 E. 84th LLC received a $195,000 permanent loan to finance an 11-unit apartment building for use as affordable rental housing in the Chatham community. This loan is part of the Cook County Preservation Compact. Thanks to Kimberly Barton of Chapman and Cutler LLP for serving as CCLF's counsel on this transaction.

Stewards Market received a $50,000 equipment/working capital loan to expand a small business incubator in Humboldt Park. This loan is part of the City of Chicago Treasurer's Small Business Development Fund.Thanks to Elizabeth Herman Smith and Derek Ladgenski of Katten Muchin Rosenman LLP for serving as CCLF's counsel on this transaction.

Veja Enterprises received $1,190,000 in construction and permanent financing to develop an Advanced Auto Parts store in the Chatham community. This loan is part of the City of Chicago Treasurer's Small Business Development Fund and State Farm's Strong Neighborhoods Fund. Thanks to Howard Richard of Katten Muchin Rosenman LLP for serving as CCLF's counsel on this transaction.

Westside Holistic Center received a $835,000 minipermanent loan for a 6-story community facility in the Austin neighborhood. Thanks to Andrew Hamm of Katten Muchin Rosenman LLP for serving as CCLF's counsel on this transaction.

The mission of the Chicago Community Loan Fund is to provide flexible, affordable and responsible financing and technical assistance for community

stabilization and development efforts and initiatives that benefit low- to moderate-income neighborhoods, families and individuals throughout

metropolitan Chicago.

Staff

Calvin L. HolmesPresident

Dana K. Peterson Chief Operating Officer

Jane I. AmesVice President, Finance &

Administration

Rob Rose Vice President, Lending

Mark FickSenior Loan/Program Officer

Lycrecia ParksSenior Portfolio

Management Officer

Clarice NorinLoan Closing/Portfolio Officer

Juanita WalkerOffice Manager

Emily SipfleLending & Portfolio

Management Associate

Bettye Claggette Interim Finance &

Administration Associate

Lincoln StannardProgram Assistant

Kallie RollenhagenTechnical Assistance Program

Coordinator

Elizabeth GinsbergFinance & Administration

Assistant

Maureen McQuilkinProgram Assistant

Consultants

Torrence MooreSenior Consultant - Special Initiatives

Chelsi CicekogluLender

Editors Kallie Rollenhagen Maureen McQuilkin

PrinterSalsedo Press

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