Woodstock Institute is proud to unveil our new Community Lending Data Portal, which now includes mortgage and small business lending data encompassing all of Illinois for years 2018 through 2022.  The portal also includes data reflecting other indicators of financial health including foreclosures and bank branches. 

Previously only including data for Chicagoland, this tool allows stakeholders throughout Illinois including community leaders, lawmakers, and financial institutions to easily evaluate the state of financial opportunity in their communities.   

The data we utilize is available thanks to the passage of two federal laws, the Home Mortgage Disclosure Act and the Community Reinvestment Act. These laws were passed in the ‘70s in response to a national grassroots movement against redlining, the policy of deliberately segregating and denying financial services to Black and Brown households. Such predatory practices were and continue to be a major driver of the racial wealth gap.  

Today, Woodstock consistently finds that even seemingly well-qualified Black mortgage applicants face a much steeper path towards homeownership than white applicants with similar debt and income levels. Empowering changemakers to identify and combat these disparities is at the heart of our work to provide transparent access to lending data.  

Advocates can use the portal to:  

Discover Lending Patterns

Dive into the data to see how lending outcomes vary for different communities. Find out who in your locality can access credit, evaluate how specific lenders are serving different racial and economic groups, and compare these outcomes with other localities and Illinois as a whole. 

For example, you can examine how Black, Latine, Native American, Pacific Islander, and/or Asian mortgage applicants fared in specific cities, counties, state senate and house districts, and more. The ability to zero in on low-to-moderate income and “well-qualified” applicants is also available. This helps highlight disparities and identify opportunities for improving access to financial opportunity. 

View specific lender activity
Track Trends Over Time

With multi-year data available, you can track changes in lending patterns across variables to see if financial indicators are trending in a positive or negative direction in your specific area.  

Inform Policy and Advocacy

Whether you are a policymaker, advocate, researcher, or community member, this portal equips you with powerful insights to advocate for racial and economic equity within financial systems. Use the data to inform policies that promote fair lending practices and economic inclusion. 

Compare mortgage outcomes across communities

Learn more about how to use the Community Lending Data Portal by checking out the demonstration below, and check back here for more info on how to uncover the data you are looking for.