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Author: cgil

LIIF Joins Harris County Representatives for SHINE Child Care Site Visit at Texas Jump-N-Learn

On April 28, LIIF, partner Volunteers of America Texas (VOATX), and representatives from the Harris County Department of Economic Equity and Opportunity and commissioner precinct offices conducted a site visit of Houston’s Texas Jump-N-Learn, which has a primary focus of addressing the growing demand for specialized care serving children from ages 4-12 years. With a $150,000…

LIIF Promotions of Maygen Moore and Jessica Standiford Recognized by Affordable Housing Finance’s “People on the Move”

The CDFI and community-development industry celebrated the recent promotions of LIIF’s Senior Vice President, Chief Lending Officer Maygen Moore and Senior Vice President, Chief Development Officer Jessica Standiford, who were recognized in Affordable Housing Finance’s “People on the Move” column. Read the article. The Low Income Investment Fund (LIIF), a leading community development financial institution,…

LIIF Predevelopment Loan Spurs Rehab of Mary Alice Brown Apartments in Opa-locka, Florida

LIIF has closed a $1 million predevelopment loan with Ten North Group to support their rehab of the Mary Alice Brown Apartments, a multifamily development comprising 216 units affordable to households earning between 30% and 60% Area Median Income (AMI). This apartment complex, located west of Miami in historically undercapitalized Opa-locka, is named after a community…

LIIF Provides Catalytic Capital to Rehab Rangel Houses in New York City’s Washington Heights Neighborhood

LIIF has closed two predevelopment loans totaling $2 million with Genesis Companies to support their rehab of Rangel Houses in the historically undercapitalized Washington Heights neighborhood of Manhattan. The campus-style development, home to over 2,000 residents, was originally developed in 1951 and consists of eight buildings comprising 984 units. Genesis Companies, along with their partner…

LaToya Kyle Joins in Ribbon-Cutting for The Front Porch on Auburn in Atlanta

Community win in Atlanta’s Sweet Auburn neighborhood. Today, LIIF Vice President, Southeast Region LaToya Kyle (photo top, at far right) took part in the ribbon-cutting for The Front Porch on Auburn, a mixed-income infill venture that replaced vacant land and parking lots along Auburn Avenue — the first catalytic project on this historic Atlanta corridor…

LIIF CEO Daniel A. Nissenbaum Offers CDFI Insights at Invite-Only U.S. Treasury Meeting

On April 16, LIIF Chief Executive Officer Daniel A. Nissenbaum was honored to share insights on the critical role that CDFIs play when he attended an invite-only briefing with the U.S. Treasury Deputy Secretary Michael Faulkender and Deputy Assistant Secretary for Community and Economic Development Alexandria Smith. For three decades, CDFIs have created innovative financing tools to revitalize communities by…