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BUILDING HEALTHY COMMUNITIES
THROUGH INNOVATIVE APPROACHES
Low Income Investment Fund's (LIIF) Mission: LIIF is a steward for capital invested in housing, child care, education and other community-building initiatives. LIIF provides a bridge between private capital markets and low income neighborhoods.
WHAT'S NEW
LIIF OPENS NEW PUBLIC POLICY OFFICE IN WASHINGTON, D.C.LIIF has opened a new Federal Policy office in Washington, D.C. and hired Corey Carlisle, LIIF’s new Director of Federal Policy, to lead its national policy initiatives. Read More.
LIIF RECEIVES TOP CARS™ RATING
LIIF receives the highest possible CARS™ ratings—AAA and "1"—for its clear vision, strong financial and organizational strength and its significant impact serving the very poor for 23 years. Additionally, LIIF was awarded a Policy Plus for leadership in policy changes impacting disadvantaged people and communities. Read More.
WHAT WE DO
LIIF improves and strengthens underserved communities by providing loans, grants and technical assistance to community development organizations. LIIF provides capital and technical assistance for housing, education, child care and supportive community facilities.
OUR IMPACT
Over its 24-year history, LIIF has provided over $875 million in financing and technical assistance for projects benefiting low income communities in 26 states, leveraging additional investments of $5.4 billion.
LIIF has served more than 620,000 people and supported:
- 55,000 units of housing;
- 100,000 child care spaces;
- 46,000 spaces in schools for children; and
- 2.5 million square feet of commercial and community facilities space.
ANNOUNCEMENTS
Appointment of new Chief Operating Officer
LIIF appoints Kimberly Latimer-Nelligan as its new Chief Operating Officer (COO) to lead its lending and risk management operations, and oversee the development of new strategic initiatives and new programs. Read More.
Bay Area CFO of the Year AwardArt Fatum, Chief Financial Officer and Executive Vice President of Capital Markets with the LIIF, receives “Bay Area CFO of the Year Award”. Read More.
Reforming the Regulation of the Government Sponsored Enterprises (GSE)
On March 6, 2008, Nancy O. Andrews, LIIF's President and CEO, was honored to testify on the need for an Affordable Housing Fund within GSE reform legislation to the United States Senate Committee on Banking, Housing and Urban Affairs. Read More.
$25 Million LIIF and Fannie Mae Agreement
LIIF and Fannie Mae announced a $25 million loan purchasing and servicing agreement that enables LIIF to begin selling housing-related loans it originates to Fannie Mae. Read More.