Reymundo Ocañas will be the new chair of LIIF’s Board of Directors. Calvin Gladney, Myra Jones-Taylor and Margaret Solle Salazar are also joining as new board members.
Today, we are sharing more about LIIF’s anti-racism journey and our goals for our organization and our work. As we progress, we’ll continue to share our insights, new developments and challenges. We hope our sharing contributes to a broader dialogue about building a more equitable future.
LIIF’s continued financial strength, even amid the economic uncertainty brought on by COVID-19, was recently recognized by S&P, which upgraded the organization from an “A-” to an “A” rating. In addition, Aeris, the leading independent rating service for both financial and impact investments, reaffirmed LIIF’s “AAA” financial rating. Read more.
Congresswoman Katherine Clark (D-MA) recently reintroduced the Child Care is Infrastructure Act, a federal proposal to invest $10 billion in our nation’s child care infrastructure over the next five years. Hear from LIIF CEO about LIIF’s endorsement and learn from LIIF National ECE Director, about the importance of this legislation.
2020 was a year of extraordinary challenges and collective accomplishment. In this year’s report, we share strategies for an equitable recovery and models for expanding racial equity, affordable housing and quality child care in the long-term.
A new partnership between housing groups aims to give nonprofit developers the resources they need to preserve affordable apartments. Read more about our joint venture with SAHF and NAHT in CityLab.