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Author: Low Income Investment Fund

LIIF and 90+ Partners Sign Letter in Support of the Community Revitalization Fund

Today 97 organizations from across the country sent a letter to congressional leadership showing support for the Biden-Harris administration’s proposed Community Revitalization Fund. The Community Revitalization Fund would establish a new grant program, administered by HUD, to invest in community assets that build wealth for existing residents, increase community engagement and strengthen civic infrastructure. The…

Today We Remember George Floyd and Reaffirm Our Commitments

Today, we remember George Floyd and every Black life lost in the fight for racial equity. Today, we remember history and ground ourselves in our commitment to the work ahead. One year after the senseless murder of George Floyd, the fight continues for a more just and equitable society for people of color. In the…

Can Creative Capital Solutions Safeguard Child Care?

This story is part of LIIF’s 2020 Annual Impact Report. Up on a hill, east of the Anacostia River in Washington, D.C., a new, brightly colored child care facility with a distant view of the Capitol building is preparing to open its doors. Kidspace is a success story amid a year of early care and…

Agencies Move Forward with Harmful CRA Rule Changes Despite Widespread Opposition

The Community Reinvestment Act (CRA) has been transformational to the community development industry over the last four decades. The law has encouraged successful public-private partnerships and elevated best practices in the delivery of critical community assets like affordable housing, community health centers, access to fresh food, and much more. Despite the importance of CRA, the…

LIIF Joins Partners to Submit Comment Letter Opposing HUD’s Revised AFFH Rule

Yesterday LIIF joined Enterprise Community Partners, Housing Partnership Network, Local Initiatives Support Corporation (LISC), National Housing Trust (NHT), and Stewards of Affordable Housing for the Future (SAHF) to submit a joint comment letter in response to the Department of Housing and Urban Development’s (HUD) proposed changes to the affirmatively furthering fair housing rule (AFFH). Background…

Recent Research Highlights Critical Points for Policymakers to Consider in CRA Modernization

As the federal banking regulators continue to consider potential changes to Community Reinvestment Act (CRA) regulations, community development stakeholders have been participating in their own evaluation of CRA, including highlighting the many ways in which the law has benefited the industry and discussing opportunities to further strengthen the regulations. Recent research on CRA, highlighted by…

LIIF Responds to Administration’s Request for Information on Child Care

On December 2, 2019 LIIF submitted a comment letter to the Department of Health and Human Services (HHS), Administration for Children and Families (ACF), in response to the request for information (RFI) on “Improving Access to Affordable, High Quality Child Care.” The RFI sought comments on a range of issues, including building the supply of…