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Program Strategy
Since its founding 20 years ago, affordable housing has been the cornerstone of LIIF’s capital delivery programs. LIIF provides capital and technical assistance to developers of affordable housing, as well as housing for special needs populations including the homeless, HIV/AIDS populations, people with disabilities and others. LIIF’s housing lending is characterized by a high degree of flexibility and responsiveness to the needs of its borrowers. In the past three years, approximately 80 percent of LIIF’s total loan closings have been for affordable housing projects. The majority of demand for LIIF’s capital in housing is for predevelopment, acquisition and mini-permanent loans. This trend has been stable and consistent over time.
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