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Author: Low Income Investment Fund

Inspiration from the Field: Education Impact Tool and Its Effects on Our Lending

In our strategic plan, LIIF committed to shifting the way we do business through a new impact-led lending approach informed by equity-centric decision-making tools.   An “impact-led lending approach” means that our investments in vital community assets like affordable homes, quality early care and education, schools and other facilities will be driven by qualitative and quantitative rubrics to help us predict whether an investment or program drives expanded access, improved outcomes,…

A New Community Revitalization Fund Could Accelerate Equitable Development

For years the predominantly Black neighborhood of Avondale in Cincinnati has seen a dramatic disinvestment that left the community with underutilized and unsafe amenities like Avondale Town Center, a suburban style retail strip with neither a walkable neighborhood center nor quality retail options. The city-owned Town Center site was originally developed in 1983 and quickly…

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…