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LIIF NMTC Catalytic Capital Update: Ribbon-Cutting for New Mosaic Building at Damien Center in Indianapolis

Community win in Near Eastside Indianapolis. Today was the ribbon-cutting for the new Mosaic Building at Damien Center, Indiana’s oldest and largest HIV/AIDs service organization. LIIF provided a $6.5 million construction-perm loan, leveraging the power of the federal New Markets Tax Credits (NMTC) program, as catalytic capital for this 56,000-square-foot health care and supportive services…

LIIF Boys and Girls Club of Puerto Rico Loan in News is My Business Article

LIIF’s $3.71 million loan was part of a $14.83 million loan to support the construction of the Boys and Girls Club of Puerto Rico’s new Oasis Hub in San Juan. This 134,000-square-foot, mixed-use development will house the Vimenti Alliance Public School, Vitalus health clinic, workforce development programs and family wrap-around services. Adjacent to a Head…

Novogradac Publishes Article on Comp Sci High in the Bronx, LIIF Loan Highlighted

A computer-science based high school is primed for relocation to the Mott Haven neighborhood of the Bronx, New York. LIIF’s part was a $9.75 million loan as part of $29.3 million in debt provided with two other CDFIs, LISC and Enterprise Community Loan Fund. The Urban Assembly Charter High School for Computer Science (Comp Sci…

LIIF Provides Damien Center, Indiana’s Largest HIV/AIDS Facility, With $6.5 Million in New Markets Tax Credits to Build its New Health Care and Supportive Services Center

LIIF has partnered on an impactful deal so that Damien Center, Indiana’s largest HIV/AIDS facility, can build its new health care and supportive services center. LIIF provided a $6.5 million construction-perm loan leveraging the power of the New Markets Tax Credits program. This deal aligns with LIIF’s mission to create opportunity and equity in under-resourced…