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XS Tennis, which is located on 53rd and State, is one of many projects Chicago Community Loan Fund, a Community Development Financial Institution, has provided capital. Photo provided by Chicago Community Loan Fund

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Neighborhoods feel financial institution’s impact

Chicago Community Loan Fund was founded in 1991 as a Community Development Financial Institution (CDFI). Cooperative housing was a focus in the beginning, but now, the organization has expanded to include vacant land acquisition and large scale commercial retail projects.