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Category: LIIF News

Stephanie McFadden Joins Low Income Investment Fund as Chief Lending Officer

The Low Income Investment Fund (LIIF), a national community development financial institution (CDFI), has named Stephanie McFadden as the new Chief Lending Officer (CLO). Based in the San Francisco office, McFadden will lead LIIF’s impact lending strategy. “This organization is dedicated to making true impact in underserved communities. I’m excited to guide our team as…

Successes and Opportunities: One Year into the Joint Venture with LIIF, NAHT and SAHF

To address the affordable housing crisis our nation faces, the Low Income Investment Fund (LIIF), Stewards of Affordable Housing for the Future (SAHF) and National Affordable Housing Trust (NAHT) recognized it would take a broad collective effort to re-imagine and change the long-standing approaches, policies and systems that reinforce persistent inequities in low-income and Black and Latino communities.   In 2020, the three…

Maygen Moore Joins LIIF as Director of National Lending Initiatives

LIIF is pleased to name Maygen Moore as the new director of national lending initiatives. Based in the Atlanta office, Moore works nationally to originate and structure innovative capital solutions for projects including education, housing and community facilities. Moore has worked in affordable housing and community development finance for over a decade. She previously served…

Emma Chávez Joins LIIF as Western Region Market Director

LIIF is pleased to name Emma Chávez as the new market director of the Western region. Based in the Los Angeles office, Chávez is responsible for lending activities in California, Oregon, Washington and Colorado. Her work includes developing, managing and supporting local funder relationships and leading LIIF’s efforts in California-based affordable housing policy initiatives. Chávez…

Ken Stewart Joins LIIF as Deputy Director, Mid-Atlantic

LIIF is pleased to name Ken Stewart as the new Deputy Director for the Mid-Atlantic region with responsibility for deploying capital to help affordable housing developers acquire, preserve or develop new affordable housing in the region. LIIF invests in affordable housing, early care and education and other vital community assets that address inequities exacerbated by…

LIIF and Purpose Built Communities Launch $45 Million Accelerator Fund

The Low Income Investment Fund (LIIF) has launched the $45 million Accelerator Fund to support Purpose Built’s comprehensive community-driven neighborhood development aimed at supporting racial equity, economic mobility, and improved health outcomes. There are currently more than 25 Purpose Built sites across the country led by community leaders working to end the cycle of generational…

LIIF Supports Diverse School in Memphis in Securing a Permanent Home

LIIF provided a $4.7 million construction and mini-permanent loan to Believe Memphis Academy to serve more students and help the school secure a permanent location. Believe Memphis Academy is a high performing school in Tennessee that has a strong commitment to racial equity, diverse staff and a student body made up of nearly 100% students…

LIIF Exceeds Goal in Bringing 1,000 Child Care Slots to Washington, D.C.

LIIF is proud to announce that the Access to Quality Child Care (A2Q) grant program exceeded its goal of bringing 1,000 new early care and education (ECE) slots to Washington, DC’s families. The program was launched in 2018 as joint initiative with the Office of the State Superintendent of Education (OSSE) and LIIF to address…