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Illinois Service Federal Savings and Loan Association
Chicago ILCDFI Awards for Illinois Service Federal Savings and Loan Association
TA (2009) - $95,267
Illinois Service Federal (ISF) is a regulated Thrift in operation since 1934. Started by African-Americans to serve the African-American community, ISF is a certified CDFI that provides retail financial services and home mortgage lending to low and moderate residents of the South Side of Chicago. ISF is requesting a 2009 TA grant for: 1) technology improvements; 2) expanded marketing including a market study of the growing Latino market; 3) training; and 4) the development of improved impact measures.
BEA (2000) - $16,308
Illinois Service Federal Savings and Loan Association of Chicago, Illinois received an award of $16,308 for increasing its financial services and community services and consumer, single-family housing, multi-family housing, commercial real estate and small business lending. The bank provided lending, investment, and service activities totaling almost $1.5 million in distressed communities in Chicago.
Other Community Development Financial Institutions in Illinois
ACCION Chicago
Chicago
Bethel New Life, Inc
Chicago
Chicago Community Ventures
Chicago
Chicago Development Fund
Chicago
Community Revitalization Fund, Inc.
Hoffman Estates
IBC Bancorp, Inc.
Stone Park
IBC Community Development Corporation
Stone Park
Illinois Ventures for Community Action
Springfield
NAB Bank
Chicago
Peoples Economic Development Corporation
Mount Vernon
PGB Holdings, Inc
Chicago, IL
Sable Bancshares, Inc.
Chicago
The Valued Advisor Fund, LLC
Chicago
Urban Development Fund, LLC
Chicago
Urban Enterprise Fund
Chicago
Featured Government Grant Resources
Small Business Administration's Loan Guarantees Program
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.
What Are Opportunity Zones
Opportunity Zones are an economic development tool that allows people to invest in distressed areas in the United States.
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
