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Woodstock Institute honors CDFI Fund's Donna Gambrell

Woodstock presents its Annual Community Reinvestment Award to the Fund’s director, Donna Gambrell at an event on April 2, 2009.  From left to right, Ada Skyles, Woodstock Institute board chair, Ed Jacob, manager Northside Community Federal Credit Union, Donna Gambrell, director, CDFI Fund, and Dory Rand, president, Woodstock Institute.

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Community Stakeholders Ask "When Will Lending Pick Up?"

“There is a very real concern that one of the barriers to economic recovery is the reluctance of financial institutions to lend and invest in Chicago’s low-wealth communities” said Dory Rand, President of Woodstock Institute.

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Illinois Community Investment Coalition Print E-mail

Chicago has a long and vibrant history of nonprofit organizations engaged in community reinvestment organizing. Many ideas that were incorporated into the original Community Reinvestment Act were developed in Chicago such as the efforts against redlining, restrictive racial covenants, and contract buying fraud.

During the 1970s a critical mass of neighborhood activities and academics founded several advocacy and policy analysis groups dedicated to ending financial discrimination which still operate effectively today. However, as the burden of bricks and mortar housing development and social service provision is shifted to the non-profit sector, many younger, single issue organizations with a deep-seated interest in community reinvestment are unable to participate in the debate because of resource or staff time constraints. The Illinois Community Investment Coalition serves as an umbrella organization for these types of organizations whose mission depends on critical lending and investment activity by private sector financial institutions.

Join the Illinois Community Investment Coalition by completing the registration form below and indicating the task force that best describes your interests. You will be contacted by a coalition member shortly to discuss your specific interests. Membership is only open to individuals and representatives from nonprofits and government agencies. There is no cost associated with membership.

If you are a representative of a financial institution and wish to meet with members of the Illinois Community Investment Coalition, please contact Woodstock Institute. To recieve regular information on community reinvestment issues, subscribe to Woodstock Institute's mailing list accessible on the front page of this website.

 
Advocacy Issues
CRA Agreements
Chicago Region Regulator Meetings
Recent CRA News
Challenging Bank Mergers
File Icon Woodstock Institute comment letter requesting clarification of Morgan Stanley's Community Reinvestment Act responsibilities as a bank holding company

File Icon Comment letter requesting a public hearing for Republic Bancorp’s application for a charter conversion from a bank holding company to a savings and loan holding company

[+] All Comments on Bank Mergers
Recent CRA Comments
File Icon Harris Bank 2006 CRA Comment Letter

File Icon Comment Letter Opposing the Dearborn Federal Credit Union's Conversion to a Thrift on CRA Grounds

File Icon Marquette Bank 2004 Response Letter

File Icon Bank One 2004 CRA Exam Comment Letter

File Icon Marquette Bank 2004 CRA Exam Comment Letter

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