LIIF Provides Donations to Four Organizations to Drive Los Angeles Wildfire Disaster-Relief Efforts

 
CONTACT   
Christopher Gil   
Director of Strategic Communications and Influence    
(415) 287-3197, cgil@liifund.org   

 FOR IMMEDIATE RELEASE    

LIIF Provides Donations to Four Organizations to Drive Los Angeles Wildfire Disaster-Relief Efforts 
    Donations will go to on-the-ground organizations with experience providing timely assistance in the region

SAN FRANCISCO (Feb. 7, 2025) — The Low Income Investment Fund (LIIF) has announced donations totaling $75,000 to four trusted organizations, promoting disaster relief from January’s devastating wildfires that caused unprecedented damage now estimated at more than $250 billion. The donations are $50,000 to Pasadena Community Foundation for support focused on urgent, short-term needs of Altadena community members; $10,000 to Project HOPE, which is distributing hygiene kits, procuring high-need items for shelters/health clinics and mobilizing mental health resources for displaced families; $10,000 to Homegrown to provide immediate cash assistance to home-based child care providers, plus meet their immediate health, safety and personal needs; and $5,000 to California Charter School Association Southern CA Wildfire Relief Fund to support impacted schools. These donations will support critical relief efforts in areas where LIIF has invested over many decades: affordable housing and child care.  

The damage has been especially dire in the child care sector. According to Los Angeles County, there were a reported 222 facilities impacted by the Palisades and Eaton Canyon fires, with 13,816 children suffering negative consequences due to closures.

Currently, the goal is that everyone has accessible, affordable care, thereby creating a robust local and national economy. If the region’s previously strong economic engine is to rebound, parents need to have ECE available and in proximity.

“With LIIF’s presence in the Los Angeles area, which includes a regional office, staff, Board members and partners, we knew we needed to act with speed to aid in the disaster-relief effort,” said Daniel A. Nissenbaum, Chief Executive Officer at LIIF. “We wanted to support these four on-the-ground organizations based on their track records generating impact in the communities they serve.”

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About the Low Income Investment Fund  
Low Income Investment Fund (LIIF) is a national community development financial institution (CDFI), headquartered in San Francisco with offices in New York City, Atlanta, Los Angeles and Washington, D.C., that invests to help create communities of opportunity, equity and well-being. As a CDFI, LIIF supports projects that have high social value but lack access to traditional financial institutions. Since 1984, LIIF has deployed more than $3.5 billion to serve more than 2.5 million people in communities across the country from its five offices. An S&P-rated organization, LIIF funds healthy communities by providing innovative capital solutions. 
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