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LIIF Maintains Strong S&P and Aeris Ratings for Fiscal Year 2023

 CONTACT   Christopher Gil   Director of Strategic Communications and Influence    (415) 287-3197, cgil@liifund.org     FOR IMMEDIATE RELEASE     LIIF Maintains Strong S&P and Aeris Ratings for Fiscal Year 2023 Nationally renowned, 40-year-old CDFI’s stellar ratings highlight continued fiscal soundness   SAN FRANCISCO (Sept. 13, 2024) — The Low Income Investment Fund (LIIF) has announced that both S&P and Aeris have once again highly…

LIIF’s Boys and Girls Club of Puerto Rico Loan in News is My Business Article

LIIF’s $3.71 million loan was part of a $14.83 million loan to support the construction of the Boys and Girls Club of Puerto Rico’s new Oasis Hub in San Juan. This 134,000-square-foot, mixed-use development will house the Vimenti Alliance Public School, Vitalus health clinic, workforce development programs and family wrap-around services. Adjacent to a Head…

LIIF Signs On to Capital Magnet Fund Coalition Letter on Revised CMF Interim Rule

LIIF coordinated with the Capital Magnet Fund (CMF) Coalition on comments to the revised CMF Interim rule. The interim rule proposes revisions to definitions and program requirements, revisions to project-level requirements, updates to address business practices in affordable housing and the consolidation of economic development activities under a new section for a more comprehensive articulation…

LIIF Black Developer Capital Initiative LOC Recipient Featured on OFN Blog

Via a Black Developer Capital Initiative (BDCI) line of credit from LIIF, Adenah Bayoh was able to scale her Newark, New Jersey housing business. Opportunity Finance Network posted Adenah’s inspiring story on their blog. Read the OFN blog. Gratitude has no bounds for LIIF’s invaluable support throughout this development process. With their unwavering commitment, Foya…

LIIF Supports New Port Antonio Affordable Housing Deal in Roxbury, Massachusetts

NHPF, a national provider of quality affordable housing, announced the successful acquisition of New Port Antonio, a historic Section 8 property located in the Warren Street neighborhood of Roxbury, Massachusetts. New Port Antonio Apartments comprises 227 urban residential apartment homes spread across 13 different locations and 17 building footprints within a half-mile radius. Constructed between 1899 and…

LIIF Releases Report on Current State of Child Care in Georgia

After conducting an in-depth statewide landscape analysis, the LIIF Early Care and Education (ECE) team compiled a comprehensive report detailing challenges and opportunities for building quality spaces for young Georgians. Read the report. But while growth and economic activity boom in some regions, especially the Atlanta metro area and coastal Georgia, some regions of the…

Eight Philanthropic Organizations Form Investing in America Child Care Partnership, LIIF Slated for Supply-Building and Technical Assistance

A new coordinated effort to strengthen local child care systems and increase access to high-quality, affordable child care in communities that house America’s growing infrastructure workforce has been created. Today, at the Department of Commerce “National Child Care Innovation Summit,” leaders from The David and Lucile Packard Foundation, Annie E. Casey Foundation, Buffett Early Childhood Fund, The…