Continuing to persevere in a challenging year, CCLF ended 2021 with continued growth and community impact.
Communities of Color Fund
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Communities of Color Fund
$25 million Total Amount of the Fund
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Loans up to $1 Million
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Initial Investors
Bank of America
CDFI Fund
MacKenzie Scott
PNC Bank
Wells Fargo
Wintrust Bank
We also continued lending for affordable housing and commercial retail in a constantly changing environment.
In 2021 we...
So that we could...
Since our founding in 1991, CCLF has closed 576 loans totaling $281,000,000 which has leveraged a total of $1,600,000,000 in additional investment.
Portfolio
By sector at year-end 2021
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17% Housing Multi-family
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5% Housing Single-family
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7% Housing Cooperatives
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30% Commercial Real Estate
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33% Community Facility
By product
at year-end 2021
Outstanding Principal Balance
At year-end 2021
- 2017 $58,692,314
- 2018 $71,825,102
- 2019 $79,039,254
- 2020 $96,844,854
- 2021 $92,749,111
Portfolio Quality
At year-end 2021
- Delinquency (90+ days)
- Loan Loss Reserve
*Non-accruals are not counted in delinquency.