Need flexible capital? LIIF is your community real estate lender of choice.
Looking to make an impactful investment? LIIF provides impact and financial returns.
Need a grant or capacity-building? We support government agencies and providers.
How is LIIF equaling the playing field? Our policy work is yielding results.
Need flexible capital? LIIF is your community real estate lender of choice.
Looking to make an impactful investment? LIIF provides impact and financial returns.
Need a grant or capacity-building? We support government agencies and providers.
How is LIIF equaling the playing field? Our policy work is yielding results.
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…
Propmodo has published an article, “Communities Work to Create Lasting Affordability Through Local Development,” highlighting the success of the innovative Growing Diverse Housing Developers initiative. The program is a partnership of LIIF and two other CDFIs, Capital Impact Partners and Reinvestment Fund, and is powered by a $30 million investment by Wells Fargo. Read the…
This year’s annual convening of Growing Diverse Housing Developers (GDHD) participants took place in Oakland, California. CDFIs LIIF, Capital Impact Partners and Reinvestment Fund partner on this innovative $30 million program that is funded Wells Fargo. The event included welcomes from industry leaders, insightful panels, and breakout sessions for strategizing and the sharing of best practices. Read…
LIIF joined the National Association of Affordable Housing Lenders (NAAHL) and 14 other organizations to call on the Biden Administration to immediately extend the Federal Financing Bank (FFB) funding for FHA multifamily risk-sharing mortgages indefinitely under existing legislative authority. The FFB Risk-Sharing program provides affordable mortgage capital to Housing Finance Agencies (HFAs), which stand on the frontlines…
In this Urban Land Institute article, experts discuss the growing crisis of housing attainability for lower- and middle-income households across the United States, including ways the private and public sectors could help increase housing production, preserve existing affordable housing, and give more people access to housing; strategies for encouraging communities to accept more housing construction;…
The Wells Fargo Foundation established a $40 million initiative in June 2022 called Growing Diverse Housing Developers (GDHD). Its aim is to increase racial equity in real estate and boost the supply of affordable homes in the U.S. There are 27 developers enrolled. Read Atlanta Journal-Constitution Story here. Read LIIF press release on May 2023 GDHD convening…
This Golden State Acquisition Fund (GSAF) video celebrates a decade of success via the synergy of a public-private partnership fostering innovation in California’s affordable housing sector. The numbers tell the story: With initial State funding of just $23 million, the revolving GSAF loan fund has spurred the creation of 10,000 affordable homes via 100 projects…
Like other CDFIs, LIIF has leveraged having FHLB access.
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…
Capital Impact Partners joins forces with LIIF and Reinvestment Fund for a program sponsored by the Wells Fargo Foundation in support of real estate developers of color and creating more affordable housing Capital Impact Partners is partnering with Low Income Investment Fund (LIIF) and Reinvestment Fund to expand its commitment to helping real estate developers…