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LIIF’s Child Care Success Highlighted in Mercy Investment Services Article

LIIF was honored to be highlighted in a Mercy Investment Services article, “Reimagining Spaces for Early Education Child Care and Youth Development.” Our CDFI is one of more than 70 organizations around the world that have received a Mercy Partnership Fund loan to support its work. Read the Mercy Investment Services article. When the economic…

LIIF Driving Long-Term Sustainability of Child Care Small Businesses

The numbers speak volumes: LIIF conducted 16 in-home child care provider site visits/assessments in Virginia, Maryland and Washington, D.C. in just five days during June. Our goal? Long-term sustainability of for these small business owners. LIIF’s ECE Program Manager, Northeast Region Amy Shea (top photo, left) and ECE Senior Program Officer, Northeast Region Yarimar Gonzalez…

Centering Developer Voices in Loan-Product Creation

CMC Development Group (CMC) is a real estate development firm working in the New York City and Atlanta markets. CMC and its Principal Shaun Belle (top photo, center) are part of LIIF’s Growing Housing Developers (GHD) cohort. Based on extensive input from CMC and other GHD developers, LIIF created a predevelopment line of credit for…

Mission Investors Exchange Blog Highlights LIIF’s Lending Decision-Making Framework

LIIF was honored to have our lending decision-making framework, which aims to drive deep impact of our investments, as part of a Mission Investors Exchange blog, “Collaborative Approaches to Impact Measurement and Management.” Mission Investors Exchange is the leading impact investing network for foundations, philanthropic asset owners and their partners. Read the Mission Investors Exchange…

LIIF Loan to Mi Casa Inc. Set to Preserve D.C.’s Girard House as Affordable Housing

What’s “The LIIF Way?” We fill gaps in traditional financial markets, leveraging federal lending tools to strengthen historically undercapitalized communities. Take the case of Girard House, a three-story, 36-unit apartment building originally constructed in 1947 and located in the gentrifying Columbia Heights neighborhood of Washington, D.C. Mi Casa Inc., a nonprofit affordable housing developer, has…

LIIF’s Denise Noel Joins Nationally Acclaimed Elected Officials, Delivers Speech at Groundbreaking for Park Place at Addison Road Metro in Maryland

Looking to scale their affordable housing work in the DMV region, Banneker Ventures turned to LIIF for flexible catalytic capital, with our organization offering a low-interest $2 million unsecured predevelopment line of credit for multiple projects. On June 13, LIIF Executive Vice President and General Counsel Denise Noel was invited to speak at the groundbreaking…

LIIF NMTC Catalytic Capital Update: Ribbon-Cutting for New Mosaic Building at Damien Center in Indianapolis

Community win in Near Eastside Indianapolis. Today was the ribbon-cutting for the new Mosaic Building at Damien Center, Indiana’s oldest and largest HIV/AIDs service organization. LIIF provided a $6.5 million construction-perm loan, leveraging the power of the federal New Markets Tax Credits (NMTC) program, as catalytic capital for this 56,000-square-foot health care and supportive services…

LIIF Attends National Alliance for Children’s Grief 28th National Symposium

Vice President, ECE Facilities Fund Management Mona Malan and ECE Program Manager, Northeast Region Amy Shea headed to Kansas City, Mo. for the National Alliance for Children’s Grief (NACG) 28th national symposium. They joined 500+ sector leaders, including President Heather Nesle (photo, center) of the New York Life Foundation, which was a longtime funder of…

LIIF Provides Line of Credit to Newark, New Jersey Developer Hamlett Management

LIIF has provided a $500,000 line of credit to help Hamlett Management grow as a multifamily developer. This development company, started in 2003 by Eugenia “Janey” Hamlett, works to strengthen the historically undercapitalized West Ward of Newark — the target of the City of Newark’s investment and focus of its affordability efforts through the West…