New Investment Will Jump-Start Development Of South Side Performance Theatre
BY KATHERINE NEWMAN
Chicago TREND and the Chicago Community Loan Fund (CCLF) recently hosted a press conference to announce a $5 million investment from Fifth Third Bank that will be used to finance commercial development in Chicago. Together, Chicago TREND and CCLF will distribute the $5 million investment as loans to help fund small businesses and to help community projects thrive.
Chicago TREND is a social enterprise that finances and accelerates strategic commercial developments in emerging neighborhoods.
The Chicago Community Loan Fund is a federally certified Community Development Financial Institution.