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

Lawndale Christian Health Center II

FQHCs

CDE(s): Chase, Chicago Development Fund, IFF

Development of a health center in a medically underserved area to improve the quality and accessibility healthcare services emphasizing programs and services for HIV, asthma, and tuberculosis.

East Garfield Park

Chicago,
IL
(2021)

Manufacturing

CDE(s): Chicago Development Fund

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

Chicago,
IL
(2022)

Manufacturing

CDE(s): Chicago Development Fund

NMTC financing supports upgrades to a steel slitting line and other production equipment, purchase of an edger, and investment in an inventory program.

PCC Primary Care Pavilion

Chicago,
IL
(2022)

FQHCs, Recreation

CDE(s): Chicago Development Fund

The construction of a 32,000 sq. ft. health and wellness facility in one of Chicago’s most medically underserved neighborhoods.

Forty Acres Fresh Market

Chicago,
IL
(2023)

Grocery and Fresh Food

CDE(s): Chicago Development Fund

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

Aspire Center for Workforce Innovation

Chicago,
IL
(2023)

College or Vocational Training, FQHCs, Manufacturing, Nonprofit Hub

CDE(s): BMO Harris, Chase, Chicago Development Fund, Cinnaire New Markets, Enterprise Community Partners

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

Chicago,
IL
(2023)

FQHCs

CDE(s): Chicago Development Fund, PNC, SCORE, Self-Help

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

Chicago,
IL
(2023)

Supportive Housing, Tech

CDE(s): Chicago Development Fund, Corporation for Supportive Housing

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.

Chicago,
IL
(2011)

Warehouse and Wholesale

CDE(s): Chicago Development Fund

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

Chicago,
IL
(2019)

Grocery and Fresh Food

CDE(s): Chicago Development Fund

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

Chicago,
IL
(2022)

Youth and Families

CDE(s): Chase, Chicago Development Fund, IFF, Local Initiatives Support Corporation

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

Chicago,
IL
(2021)

Community, FQHCs, Healthcare, Nonprofit Hub

CDE(s): Chase, Chicago Development Fund

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

Covenant House Illinois

Chicago,
IL
(2021)

Community, Homeless Services, Homeless Shelter, Shelters and Community Food

CDE(s): Chicago Development Fund

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

Chicago,
IL
(2020)

Adult Education, College or Vocational Training, Community, Manufacturing, Retail, Vocational Training

CDE(s): Chicago Development Fund

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

Chicago,
IL
(2012)

Affordable Housing, Community, FQHCs, Healthcare, Housing, Mixed-use

CDE(s): Chicago Development Fund

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

Chicago,
IL
(2017)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, FQHCs, Healthcare, HFFI, Manufacturing, Mixed-use, Youth and Families

CDE(s): Chase, Chicago Development Fund, Chicago Neighborhood Initiatives

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

Chicago,
IL
(2017)

Community, Community Kitchen, Daycare and Early Childhood, Food Bank or Pantry, FQHCs, Healthcare, HFFI, Homeless Services, Housing, Mixed-use, Shelters and Community Food, Supportive Housing, Youth and Families, Youth Program

CDE(s): Chicago Development Fund, IFF, PNC

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

The Ray and Joan Kroc Corps Community Center Chicago

Chicago,
IL
(2010)

Adult Education, College or Vocational Training, Community, Community Center, Mixed-use, Nonprofit Hub, Salvation Army

CDE(s): Chicago Development Fund, Consortium America, Park National Bank Initiatives

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

The MetroSquash Academic & Squash Center

Chicago,
IL
(2014)

Arts, Community, Daycare and Early Childhood, Theaters and Performing Arts Spaces, Youth and Families

CDE(s): Chase, Chicago Development Fund

Financing for a youth academic enrichment organization.

The Hatchery

Chicago,
IL
(2018)

Business Development, Community, Food Manufacturing, Incubator, Manufacturing

CDE(s): Chicago Development Fund, CRFUSA, FirstPathway Community Development, Partners for the Common Good, PNC

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

PCC Austin Family Health Center

Chicago,
IL
(2010)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare

CDE(s): Chicago Development Fund

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

Chicago,
IL
(2013)

Community, Dental Services, FQHCs, Healthcare

CDE(s): Chicago Development Fund

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

Chicago,
IL
(2013)

Behavioral Health, Community, Daycare and Early Childhood, FQHCs, Healthcare, Mixed-use, Nonprofit Hub, Youth and Families

CDE(s): Chicago Development Fund, PNC

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

Great Central Brewing

Chicago,
IL
(2015)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Chicago Development Fund

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

Chicago,
IL
(2009)

Community, Schools

CDE(s): Chicago Development Fund, Local Initiatives Support Corporation

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 Chicagoâ€™s west

Chicago Center for Arts and Technology

Chicago,
IL
(2015)

Adult Education, Arts, College or Vocational Training, Community, Daycare and Early Childhood, Healthcare, Incubator, Manufacturing, Schools, Vocational Training, Youth and Families

CDE(s): Chicago Development Fund, Cinnaire New Markets

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

Instituto Health Science Career Academy

Chicago,
IL
(2011)

Community, Schools, Timber and Agriculture

CDE(s): Chicago Development Fund, Local Initiatives Support Corporation

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

Chicago,
IL
(2018)

Behavioral Health, Community, COVID-19, Disaster Recovery, FQHCs, Healthcare

CDE(s): Chicago Development Fund, PNC, Raza Development Fund

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

Brighton Park Early Learning Center

Chicago,
IL
(2018)

Community, Daycare and Early Childhood, Retail, Youth and Families, Youth Program

CDE(s): Chicago Development Fund

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

Tesla Produce

Chicago,
IL
(2011)

Environment, Food Manufacturing, Manufacturing, Solar, Waste Management, Water Management

CDE(s): Chicago Development Fund

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

Pullman Health Center

Chicago,
IL
(2012)

Community, Community Center, FQHCs, Healthcare

CDE(s): Chicago Development Fund

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

Chicago,
IL
(2014)

Business Development, Environment, Manufacturing

CDE(s): Brownfield Revitalization, Business Valued Advisor Fund, Chicago Development Fund

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

Community, FQHCs, Healthcare, Nonprofit Hub

CDE(s): Chase, Chicago Development Fund

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