LIIF Offers Public Input to FHFA on the FHLB System
Like other CDFIs, LIIF has leveraged having FHLB access.
Author: cgil
LIIF Uniquely Positioned to Scale Its Affordable Housing Production and Preservation Strategies Across California
LIIF has a storied history around community development in California. Our goal is to devise and implement strategies that foster opportunity, equity and well-being. When it comes to quality, affordable housing via our production and preservation strategies, we center racial equity as we redefine our perception of risk and nimbly deploy capital in historically excluded…
LIIF’s Angie Garling Offers Insights in BBC Article on Child Care Mandates of Federal CHIPS Initiative
LIIF’s Vice President, Early Care and Education Angie Garling was quoted in a BBC article around the federal mandates around child care for the semiconductor sector. The mandate was put forth as the U.S. started soliciting applications from firms for the first of the billions in subsidies for the chips industry that Congress approved last…
LIIF Decries Recent Spate of Gun Violence in California, Stands with AAPI Community
A dance hall in Monterey Park. Farms in Half Moon Bay. A music-video set in Oakland. Yet three more locales – this time all in California in just two days – added to the nation’s growing list of places where mass shootings have taken place. As of this writing, this trio of unconscionable incidents translated…
LIIF Responds to EPA’s Request for Information on the Greenhouse Gas Reduction Fund
On Monday, Dec. 5, the Low Income Investment Fund (LIIF) submitted detailed comments to the Environmental Protection Agency (EPA) with recommendations to ensure the Agency’s implementation of the new Greenhouse Gas Reduction Fund (GGRF) is equitable, effective and prioritizes the most-vulnerable people and communities, GGRF is a new $27 billion program enacted as part of…
Building Better for Families: A Collection of Stories, Best Practices and Recommendations to Co-Locate Child Care with Affordable Housing
From high-rise buildings on urban streets to rural neighborhoods with miles between houses, families are at the core of every community across the country. It’s the parents and children, brothers and sisters, grandparents and close friends who we celebrate with in good times and grieve with together in challenging times. Family is what forms so…
Reimagining Child Care: Systems Changes and Solutions
Like many stakeholders across the community development industry and beyond, LIIF has spent much of the last year closely following the Biden-Harris administration’s Build Back Better Act and envisioning opportunities to fundamentally shift inequitable systems. The more than $400 billion proposed investment in the early care and education (ECE) sector – including universal pre-K for all three and four-year-olds and policies…
Where Are We Now? Putting Our Strategic Plan into Action
When LIIF introduced its new strategic plan, “Mobilizing Capital to Build Communities of Opportunity, Equity and Well-Being” last year we set a bold goal of mobilizing $5 billion in capital over the next decade to advance racial equity. The plan recognized that LIIF must more intentionally use its primary engine for change – its lending platform – to center racial equity and truly move the needle on opportunity for everyone. Structural racism is built into…
Successes and Opportunities: One Year into the Joint Venture with LIIF, NAHT and SAHF
To address the affordable housing crisis our nation faces, the Low Income Investment Fund (LIIF), Stewards of Affordable Housing for the Future (SAHF) and National Affordable Housing Trust (NAHT) recognized it would take a broad collective effort to re-imagine and change the long-standing approaches, policies and systems that reinforce persistent inequities in low-income and Black and Latino communities. In 2020, the three…
Money, Time and Power: Models and Lessons in Resident-Led Development
This story is part of LIIF’s 2020 Annual Impact Report. “When you’re checking a box called ‘community engagement’ you will fail….When you see that without engagement with the community, you cannot achieve the transformative change in your community, that’s when you realize it’s something that you have to do.” – Paul Schmitz, former CEO of…