Community Investment Corporation

3933 Mission Inn Ave., Ste C, P O Box 1454
Chicago IL, 92502


Community Investment Corporation (CIC) is a non-profit multi-bank community development corporation whose mission is to open up new neighborhood markets and build the capacity of borrowers in order to effectively engage the banking community in neighborhood lending. It serves distressed neighborhoods in a six-county area of metropolitan Chicago.

CDFI Awards for Community Investment Corporation


CORE (2002) - $1,963,066

The CDFI Fund grant $1,500,000 of will be used for loan capital.



CORE (1999) - $2,000,000

The CDFI Fund"s $2,000,000 capital grant will be used to provide financing for buildings in need of rehabilitation.



CORE (1998) - $250,000

With the help of the CDFI Fund award and matching funds, RCCIC plans to increase its loan portfolio to $925,000 and make approximately 230 loans totaling more than $1.6 million over the next five years.



CORE (1997) - $1,000,000

The $1 million grant from CDFI Fund will be used as a guarantee fund to leverage additional investment in the new, innovative and creative financing product.



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