CDE: Chicago Development Fund

To all NMTC Coalition Members: If you would like to add projects, a description of your CDE, or anything else to this page, contact Paul Anderson.

Recent Allocation Awards:

Project Profiles and Stories

East Garfield Park (2021)

Chicago, IL

Baum Revision, LLC is a real estate development company based in Chicago, Illinois. It is acquiring and rehabilitating two industrial properties at 3333 W. Lake St and 3843 W. Lake

Siegel Steel (2022)

Chicago, IL

In August 2022, CDF provided $6.5 million in New Markets Tax Credit (NMTC) allocation to Siegal Steel (Siegal) to fund equipment expenditures at a steel coil processing plant located at

PCC Primary Care Pavilion (2022)

Chicago, IL

In February 2022, CDF provided $14 million in New Markets Tax Credit (NMTC) allocation to PCC Community Wellness Center to fund the construction of a 32,000 sq. ft. health and

Forty Acres Fresh Market (2023)

Chicago, IL

The construction of the city’s first Black female-owned grocery store will address the neighborhood’s food disparities.

Aspire Center for Workforce Innovation (2023)

Chicago, IL

Located in the Austin neighborhood of Chicago, the Aspire Center for Workforce Innovation will become a coordinated one-stop business and career development center, comprised of workforce training, career development and

Esperanza Chicago II (2023)

Chicago, IL

The construction of a 44,000 sq. ft. health and wellness center for Esperanza Health Centers, a Federally Qualified Health Center focused on improving health care access on Chicago’s Southwest side.

Lawndale Christian Legal Center (2023)

Chicago, IL

In November 2023, CDF provided $4.5 million in NMTC (NMTC) allocation to Lawndale Christian Legal Center (LCLC) to fund the rehabilitation of a 24,600-sq. ft. existing facility and the construction

Truong Enterprises, Inc. (2011)

Chicago, IL
Truong Enterprises, Inc., a leading distributor of ethnic foods and produce located in Chicago, is a place where customers can find authentic produce, frozen foods, and grocery items from all

Jeffrey Plaza/Shop & Save Market (2019)

Chicago, IL
In February 2019, CDF provided $12 million in NMTC allocation to 7131 Jeffrey Development to fund the purchase of the entire 113,300 sq. ft. Jeffery Plaza shopping center and renovation

Build, INC (2022)

Chicago, IL
Construction of a headquarters for BUILD, a nonprofit that has worked for more than 50 years to help young people on the West Side of Chicago overcome systemic obstacles to

Auburn Gresham Health Hub (2021)

Chicago, IL
A sprawling healthy living center coming to 79th Street aims to empower South Siders when it comes to their health.

Covenant House Illinois (2021)

Chicago, IL
Funding for the acquisition and renovation of a 3-story building located at 2934 West Lake Street in East Garfield Park for a nonprofit service provider.

North Lawndale Employment Network (2020)

Chicago, IL
A vacant North Lawndale banking facility will be redeveloped as the new campus for the North Lawndale Employment Network through a $2.5 million Neighborhood Opportunity Fund grant approved by City

Mercy Family Health Center (2012)

Chicago, IL
NMTC financing for the commercial portion of a vertically subdivided, mixed-use project located within a redevelopment area formerly consisting of Chicago Housing Authority public housing.

Lawndale Medical Corridor (2017)

Chicago, IL
Financing for the acquisiton of 3 locatons including 1) a pharmacy and urgent care center, 2) expansion of adult day care center and 3) greenhouse to produce/sell fresh products through

La Casa Norte 2 (2017)

Chicago, IL
New construction of a mixed-use supportive housing and community wellness center.

The Ray and Joan Kroc Corps Community Center Chicago (2010)

Chicago, IL
The Ray and Joan Kroc Corps Community Center Chicago, a Community Center, including recreational and job training components.

The MetroSquash Academic & Squash Center (2014)

Chicago, IL
Financing for a youth academic enrichment organization.

The Hatchery (2018)

Chicago, IL
The construction of a new 67,000 sq. ft. micro business food incubation center.

PCC Austin Family Health Center (2010)

Chicago, IL
Chicago Development Fund provided $6.5 million in NMTC financing to PCC Wellness Center, a nonprofit organization and operator of multiple federally qualified health centers located in Chicago's West Side and

North Kostner Health Center (2013)

Chicago, IL
Opened in November 2014, the Kostner Health Center contains patient exam rooms, a dental suite, offices, and space for social service programs and cooking demonstrations.

Lawndale Christian Health Center (2013)

Chicago, IL
Construction of a 65,000 sq. ft. Health and Fitness Center in the North Lawndale community.

Great Central Brewing (2015)

Chicago, IL
New Markets Tax Credit financing for a startup contract brewing business dedicated to helping small Chicago-based brewers strategically grow and expand production.

Christ the King (2009)

Chicago, IL
Construction of a 90,000 sq. ft. college preparatory school, a Catholic Jesuit secondary school, to serve young men and women from the Austin neighborhood and surrounding communities of Chicago’s west

Chicago Center for Arts and Technology (2015)

Chicago, IL
A 62,000-sq. ft. NMTC-funded multi-use training center project in the West Town neighborhood of Chicago.

Instituto Health Science Career Academy (2011)

Chicago, IL
Acquisition and conversion of a three-story existing timber loft building and construction of an addition to re-purpose the facility as the home for high school

Esperanza – Brighton Park (2018)

Chicago, IL
Trusted provider, Esperanza, provides health and hope to Chicago’s under-served communities

Brighton Park Early Learning Center (2018)

Chicago, IL
In March 2018, CDF provided $6M in NMTC allocation to Gads Hill Center.

Tesla Produce (2011)

Chicago, IL
Financing for a family-owned wholesale distributor of fresh produce as well as frozen, canned and specialty items.

Pullman Health Center (2012)

Chicago, IL
Twelve acres of vacant land were transformed into the new Pullman Community Center – the 135,000 square foot, state-of-the-art, recreation and education complex – offering year-round indoor recreational and educational

Method Home Products (2014)

Chicago, IL
In September 2014, CDF provided $13 million in NMTC financing to Method, the world's largest producer of environmentally-friendly cleaning products.

Healthy Living Hub Is Centerpiece of Big Plans for Auburn Gresham in 5 to 10 Years Youll See the Vibrancy ()

A sprawling healthy living center coming to 79th Street aims to empower South Siders when it comes to their health.