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LIIF’s Joe Fretwell Offers Testimony on Washington, D.C. Child Care

LIIF Joe Fretwell recently offered recommendations at two hearings. The topics were how a robust, quality supply of child care is essential to the District’s ability to achieve various economic development, growth and planning goals of the Council and the Mayor, plus how the District can be more proactive in efforts to support child-development facilities…

Low Income Investment Fund Announces Release of Its 2023 Annual Impact Report, Highlights Banner Lending Year and Development of Comprehensive Early Care and Education Business Model

CONTACT  Christopher Gil  Director of Strategic Communications and Influence   (415) 287-3197, cgil@liifund.org   FOR IMMEDIATE RELEASE     Low Income Investment Fund Announces Release of Its 2023 Annual Impact Report, Highlights Banner Lending Year and Development of Comprehensive Early Care and Education Business Model FY23 sets the table for FY24’s anticipated capital-deployment successes and further scaling    SAN FRANCISCO…

LIIF and Partners Announce Launch of Better Child Care NYC

LIIF has joined 20 business, labor and nonprofit groups to launch Better Child Care NYC, a coalition focused on policies to increase child care access for New York City families. Read the press release. Read the World Today News article. Leer artículo de El Diario La Prensa (en español). With 25 years of impact in the sector…

LIIF Signs on to Comment Letter Requesting Indefinite Extension of Federal Financing Bank Funding for FHA Multifamily Risk-Sharing Mortgages

LIIF joined the National Association of Affordable Housing Lenders (NAAHL) and 14 other organizations to call on the Biden Administration to immediately extend the Federal Financing Bank (FFB) funding for FHA multifamily risk-sharing mortgages indefinitely under existing legislative authority. The FFB Risk-Sharing program provides affordable mortgage capital to Housing Finance Agencies (HFAs), which stand on the frontlines…

LIIF’s CEO Daniel A. Nissenbaum and PNC’s Reymundo Ocañas Co-Author Op-Ed Detailing How Banks and CDFIs Can Build Stronger Partnerships

LIIF’s Chief Executive Officer Daniel A. Nissenbaum and our Board Chair Reymundo Ocañas co-authored an op-ed, “Building Stronger Partnerships: Banks and CDFIs in the Evolving Landscape of Community Development.” Read the op-ed on Yahoo! Finance. As in any enduring partnership, adaptability and resilience are essential and as the landscape of community development evolves, the alliance…

LIIF Loan to Bernal Heights Housing Corporation Featured in San Francisco Bay Area News Stories

LIIF has closed on a $5.28 million Secured Acquisition and Predevelopment Loan to Bernal Heights Housing Corporation (BHHC), a well-established, place-based affordable housing developer. With LIIF’s loan, BHHC purchased a ~1.1-acre site consisting of a vacant 16,000-square-foot former Big Lots retail building, a 49-space podium parking garage and an adjacent surface parking lot at 3333…

LIIF’s Amy Shea on Yale Climate Connections Podcast

LIIF’s Amy Shea was invited to speak on flood damage affecting New York City child care providers in a short podcast, “‘Everything was Messed Up’: NYC’s Day Cares Grapple with Flooding.” Listen to the podcast. And for family child care providers, this threatens not only their home but their business and their livelihood. LIIF ECE…

LIIF Child Care Report Featured in South Dakota Searchlight Article

A report by LIIF’s Joe Fretwell explored economics and child care in South Dakota, highlighting that child care is both “too expensive, and not expensive enough” in the state. This research was featured in a South Dakota Searchlight story, “State Lawmaker Seeks Study of Child Care Costs and Unused Subsidies.” Read the article.