Category: LIIF in the Media

As one article of a four-part racial equity in lending series on the Opportunity Finance Network (OFN) blog, LIIF’s Kimberly Latimer-Nelligan was asked to share the story of our organization’s internal journey around this topic. LIIF’s Eliisa Frazier acted as contributor, as she is driving the creation of LIIF’s Impact-Risk-Profitability (IRP) Framework. Read the OFN…

LIIF’s Chief Executive Officer Daniel A. Nissenbaum and our Board Chair Reymundo Ocañas co-authored an op-ed, “Building Stronger Partnerships: Banks and CDFIs in the Evolving Landscape of Community Development.” Read the op-ed on Yahoo! Finance. As in any enduring partnership, adaptability and resilience are essential and as the landscape of community development evolves, the alliance…

LIIF has closed on a $5.28 million Secured Acquisition and Predevelopment Loan to Bernal Heights Housing Corporation (BHHC), a well-established, place-based affordable housing developer. With LIIF’s loan, BHHC purchased a ~1.1-acre site consisting of a vacant 16,000-square-foot former Big Lots retail building, a 49-space podium parking garage and an adjacent surface parking lot at 3333…

On Feb. 6, 400 child care educators, parents, union members and advocates took part in the Empire State Campaign for Child Care’s annual “Child Care Advocacy Day” at the New York State capitol. They were joined by New York State lawmakers for a rally where speakers called for urgent investment in the state’s child care system in this year’s budget.…

CPA Practice Advisor has recognized Wassia Kamon as a “40 Under 40” Accounting Professionals Honoree, conducting an interview in which she shares her vision for her career — and her current role at LIIF. The award spotlights “the top practicing public accountants, educators and thought leaders who are leading their profession by visibly and incrementally…

A report by LIIF’s Joe Fretwell explored economics and child care in South Dakota, highlighting that child care is both “too expensive, and not expensive enough” in the state. This research was featured in a South Dakota Searchlight story, “State Lawmaker Seeks Study of Child Care Costs and Unused Subsidies.” Read the article.

Our Growing Diverse Housing Developers (GDHD) initiative was spotlighted in an Urban Land Institute article, “Access to Capital: Solutions for Black Developers to Overcome Funding Challenges.” The GDHD program supports the growth of BIPOC-led affordable housing developers across the nation, with a focus on California, Georgia, Texas, New York City, Philadelphia and Washington, D.C. In…

Dr. Tina R. Walker recently joined LIIF. Walker has extensive experience in the nonprofit sector, as she previously held the role of vice president of human resources and administration at the California Community Foundation. Prior to that position, she held roles at Cedars-Sinai Medical Center and at Providence Saint John’s Health Center. Walker served as…

Early Learning Nation has published an article on pay equity for child care providers. Comparable to a state department of education in any other state, the Office of the State Superintendent of Education (OSSE), a LIIF partner, functions as Washington, D.C.’s education agency, as well as its lead agency for the federal Child Care and Development Fund. Since…

Coralain Gardens represents the initial deal facilitated through Fairfax County, Virginia’s right of first refusal (ROFR) assignment process, which went into effect in the summer of 2022. ROFR gives the county first dibs on certain properties in an effort to help preserve existing affordable housing. LIIF’s part was a $15.2 million secured acquisition loan to support…