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Chicago Community Loan Fund
Chicago Community Loan Fund (CCLF) is a certified community development financial institution (CDFI) that provides loans and grants to community development organizations engaged in affordable housing, social service and economic development initiatives in Chicago. Mission and focus CCLF's mission, as stated on its website, is "to provide low cost, flexible financing to community development organizations... throughout metropolitan Chicago." Its focus is on providing loans to agencies engaged in planning and building affordable housing. It also lends money to other types of community development organizations and organizations that support environmental sustainability, such as Chicago's nonprofit car-sharing program, I-GO, Logan Square Kitchen, a commercial shared-use kitchen and 75-seat event space, and Whistler-Crossing in Riverdale, IL, the first LEED for Neighborhood Development (LEED-ND) in Illinois. The loan fund is distinguished from traditional banks by its track rec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-profit Organization
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be non-profit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an enti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Side, Chicago
The West Side is one of the three major sections of the city of Chicago, Illinois, United States. The others are the North Side and South Side. The West Side contains communities that are of historical and cultural importance to the history and development of Chicago. On the flag of Chicago, the West Side is represented by the central white stripe. The West Side has gone through many transitions in its ethnic and socioeconomic makeup due to its historic role as a gateway for immigrants and migrants as well as its role for funneling poorer African-American residents away from the wealthier lakeside neighborhoods and central business district. Historically the Great Chicago Fire of 1871 started on the West Side before consuming much of the then city, and Jane Addams of Hull House brought international attention to the West Side in the late 1900s and early 20th century. At the same time, some of Chicago's grandest parks and boulevards were laid out on the West Side. Today, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Local Initiatives Support Corporation
The Local Initiatives Support Corporation (LISC) is a US non-profit organization, non-profit community development financial institution (CDFI) that supports community development initiatives across the country. It has offices in nearly 40 cities and works across 2,100 rural counties in 44 states. LISC was created in 1979 by executives from the Ford Foundation. LISC's affiliates include the National Equity Fund (NEF), the largest national syndicator of Low-Income Housing Tax Credit, Low Income Housing Tax Credits (LIHTC), the New Markets Support Company, a national syndicator of New Markets Tax Credit Program, New Markets Tax Credits, and immito, which specializes in SBA 7a lending. LISC and its affiliates support community development projects through grants, loans and equity investments as well as technical and management assistance. In the 2020 fiscal year, it reported grants, loans and investments totaling US$2 billion, leveraging $4.4 billion in total development and suppor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accion USA
The Accion U.S. Network is an American nonprofit microfinance organization headquartered in New York, NY. The network is part of Accion International Accion is an international nonprofit. Founded as a community development initiative serving the poor in Venezuela, it works with local partners in different countries to develop and scale digital financial solutions for underserved people global ..., a U.S.-based nonprofit organization operating globally. Member Offices In addition to having lending offices in nearly 30 cities, Accion also offers online lending. Its four member offices are: * Accion East (now re-named Ascendus and serving the East Coast) * Accion Chicago * Accion New Mexico · Arizona · Colorado * Accion San Diego (now re-named Accessity and serving all of Southern California) Accion offers micro loans and other financial services to low- and moderate-income entrepreneurs in the United States who are typically unable to access bank credit to start or expa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Opportunity Finance
Opportunity finance refers to socially responsible investing by an institution in an organization or group of individuals. Usage of the term The Opportunity Finance Network, a Philadelphia-based national umbrella group of 213 community development financial institution (CDFIs) founded in 1995, defines the term as "a category of financing that helps people and communities just outside the margins of conventional, mainstream finance join the economic mainstream—and helps the economic mainstream enter emerging opportunity markets." It is closely related to microfinance, but tends to occur on a larger scale and be more explicitly concerned with social benefit. The concept of opportunity finance has gained increased traction in recent years, both from political movements and economic necessity. The current economic climate in the United States has raised the demand for creative financing even for established businesses, as traditional bank loans for nonprofits and small businesse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Community Development Financial Institution
A community development financial institution (US) or community development finance institution (UK) - abbreviated in both cases to CDFI - is a financial institution that provides credit and financial services to underserved markets and populations, primarily in the USA but also in the UK. A CDFI may be a community development bank, a community development credit union (CDCU), a community development loan fund (CDLF), a community development venture capital fund (CDVC), a microenterprise development loan fund, or a community development corporation. CDFIs are certified by the Community Development Financial Institutions Fund (CDFI Fund) at the U.S. Department of the Treasury, which provides funds to CDFIs through a variety of programs. The CDFI Fund and the legal concept of CDFIs were established by the ''Riegle Community Development and Regulatory Improvement Act of 1994.'' Broadly speaking, a CDFI is defined as a financial institution that: has a primary mission of community d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Affordable Housing
Affordable housing is housing which is deemed affordable to those with a household income at or below the median, as rated by the national government or a local government by a recognized housing affordability index. Most of the literature on affordable housing refers to mortgages and a number of forms that exist along a continuum – from emergency homeless shelters, to transitional housing, to non-market rental (also known as social or subsidized housing), to formal and informal rental, indigenous housing, and ending with affordable home ownership. Demand for affordable housing is generally associated with a decrease in housing affordability, such as rent increases, in addition to increased homelessness. Housing choice is a response to a complex set of economic, social, and psychological impulses. For example, some households may choose to spend more on housing because they feel they can afford to, while others may not have a choice. Increases in any housing supply (wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bioswales
Bioswales are channels designed to concentrate and convey stormwater runoff while removing debris and pollution. Bioswales can also be beneficial in groundwater recharge, recharging groundwater. Bioswales are typically vegetated, mulched, or xeriscaped. They consist of a wikt:swale, swaled drainage course with gently sloped sides (less than 6%). Construction Engineering Research Laboratory. Document no. ERDC/CERL TR-03-12. Bioswale design is intended to safely maximize the time water spends in the Swale (geographical feature), swale, which aids the collection and removal of pollutants, silt and debris. Depending on the site topography, the bioswale channel may be straight or meander. Check dams are also commonly added along the bioswale to increase stormwater infiltration. A bioswale's make-up can be influenced by many different variables, including climate, rainfall patterns, site size, budget, and vegetation suitability. It is important to maintain bioswales to ensure the best ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volatile Organic Compounds
Volatile organic compounds (VOCs) are organic compounds that have a high vapor pressure at room temperature. They are common and exist in a variety of settings and products, not limited to house mold, upholstered furniture, arts and crafts supplies, dry cleaned clothing, and cleaning supplies. VOCs are responsible for the odor of scents and perfumes as well as pollutants. They play an important role in communication between animals and plants, such as attractants for pollinators, protection from predation, and even inter-plant interactions. Some VOCs are dangerous to human health or cause harm to the environment, often despite the odor being perceived as pleasant, such as " new car smell". Anthropogenic VOCs are regulated by law, especially indoors, where concentrations are the highest. Most VOCs are not acutely toxic, but may have long-term chronic health effects. Some VOCs have been used in pharmaceutical settings, while others are the target of administrative controls ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solar Water Heating
Solar water heating (SWH) is water heating, heating water by sunlight, using a solar thermal collector. A variety of configurations are available at varying cost to provide solutions in different climates and latitudes. SWHs are widely used for residential and some industrial applications. A Sun-facing collector heats a working fluid that passes into a storage system for later use. SWH are active (pumped) and passive (Natural convection, convection-driven). They use water only, or both water and a working fluid. They are heated directly or via light-concentrating mirrors. They operate independently or as hybrids with electric or gas heaters. In large-scale installations, mirrors may concentrate sunlight into a smaller collector. At the end of 2023, global solar hot water thermal capacity was 560 GWth, GWth, a 3% increase from 2022. The market is dominated by Solar power in China, China, the Solar power in the United States, United States and Solar power in Turkey, Turkey. Barbad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Riverdale, Illinois
Riverdale is a village in Cook County, Illinois, United States. The population was 10,663 at the 2020 census. The village shares its name with the bordering Riverdale, Chicago, Riverdale neighborhood in Chicago. History The Village of Riverdale was incorporated in 1893. In 1904 the Englishman and former Chicago glucose manufacturer Charles Pope (1843–1922) purchased property in Riverdale at what is today the west side of Indiana Avenue with the intention of establishing a beet sugar factory. The property was previously occupied by The Riverdale Distillery, which had been established by the Union Copper Distilling Company of Chicago in 1871 to manufacture fermentum yeast. Located on the south bank of the Little Calumet river with access to the Illinois Central tracks, the beet sugar factory opened in 1905 with a capacity of 350 tons of beet sugar per day, a production rate that was eventually increased to 500 tons per day. The factory was sold by Pope's heirs in 1922 to the M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Side, Chicago
The South Side is one of the three major sections of the city of Chicago, Illinois, United States. Geographically, it is the largest of the sections of the city, with the other two being the North and West Sides. It radiates and lies south of the city's downtown area, the Chicago Loop. Much of the South Side came from the city's annexation of townships such as Hyde Park. The city's Sides have historically been divided by the Chicago River and its branches. The South Side of Chicago was originally defined as all of the city south of the main branch of the Chicago River, but it now excludes the Loop. The South Side has a varied ethnic composition and a great variety of income levels and other demographic measures. It has a reputation for crime, although most crime is contained within certain neighborhoods, not throughout the South Side itself, and residents range from affluent to middle class to poor. South Side neighborhoods such as Armour Square, Back of the Yards, Bridgepo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
