Board of Commissioners of Cook County Meeting Minutes April 18, 2024
Cook County Renews Credit Line with Chicago Community Loan Fund
Trusted by teams at
Description
Cook County Board approved a third amendment to its revolving line of credit with Chicago Community Loan Fund, reducing the amount to $500,000 and extending the maturity date to March 2, 2025. This supports the acquisition of properties for the Land Bank Authority.
Contract Details
Contract Amount
$500,000.00
Vendor
CHICAGO COMMUNITY LOAN FUND
Agency
Cook County, IL
Contract Type
FINANCIAL_SERVICES
Document Date
April 18, 2024
Contract Term
Renewal of revolving line of credit through March 2, 2025
Renewal Date
2025-03-02
Renewal Info
Previously amended twice; this is a third amendment reducing the principal from $2,000,000 to $500,000 and extending term. Renewal through 03/02/2025.
More from Cook County
Cook County Land Bank Authority Board of Directors Meeting Agenda 2026-06-26
Cook County Criminal Justice Committee Minutes May 13 2026
Cook County Transportation Committee Minutes May 13 2026
Cook County Transportation Committee Minutes May 13 2026
Cook County EDAC Subcommittee Agenda May 2026
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.