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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…

Transit-Focused School Paves Career Pathways for Los Angeles Youth

The Low Income Investment Fund (LIIF) recently provided a $10 million loan into a New Markets Tax Credit (NMTC) transaction to support the SEED School of Los Angeles County (SEED LA), a startup boarding high school that will serve 400 high school students from South LA and around LA County with an immersive, 24-hour learning environment when it opens in Fall 2022. Admission preference…

Impact-Led Lending for Food Security in NYC

When it comes to advancing communities of opportunity, equity and well-being, lending is LIIF’s primary engine of impact. We continue to hone our “impact-led lending” approach through investments that are informed by—and explicitly designed to close opportunity gaps in—communities of color, balancing risk to ensure both impact and financial sustainability. One example of this approach…

LIIF Upgraded by S&P

National CDFI Also Receives Highest Rating from Aeris LIIF’s continued financial strength, even amid the economic uncertainty brought on by the COVID-19 pandemic, was recently recognized by S&P, which upgraded the organization from an “A-” to an “A” rating. In addition, Aeris, the leading independent rating service for both financial and impact investments, reaffirmed LIIF’s…

Connecting Working Families to Jobs Near High Speed Rail in Dallas

LIIF recently provided $4.2 million to Petra Development for a mixed-use project which will include 235 housing units and retail in Dallas. The project will serve families earning 60 to 80% area median income & offer greater job access via its proximity to the Texas Central high-speed rail, connecting Houston to the Dallas/Fort Worth-area. Dallas,…

A New Conversation About Development Finance

LIIF CEO Daniel A. Nissenbaum joined Jeff Wood on the Rail~Volution Podcast to talk about equitable transit-oriented development, the CDFI industry, LIIF’s new strategic plan, and our journey toward centering racial equity in our work. Listen here.

LIIF Issues RFP for California Child Care Lobbyist

We are glad to announce the release of the Low Income Investment Fund’s (LIIF) Request for Proposals (RFP) to identify qualified consultants to support our work in Early Care and Education with legislative lobbyist services in California. The RFP with information about our organization, the scope of work, and instructions is linked below. Click here…

Expanding Access to Early Care and Education in San Francisco

Statewide in California, about four million children need child care, but less than one million slots are available. In San Francisco, about 20,000 kids do not have access to early care and education (ECE) programs. Quality, affordable child care is an investment that enables whole families to succeed by allowing parents to work and/or attend…

$20 Million LIHTC Bridge Financing for Developers Impacted by COVID-19

The Low Income Investment Fund (LIIF) has launched a $20 million COVID-19 Low Income Housing Tax Credit (LIHTC) Developer Fee Bridge Initiative to support affordable housing developers grappling with liquidity challenges in the wake of the coronavirus pandemic and ensuing recession. With a guarantee from the Community Investment Guarantee Pool (CIGP), this flexible capital will…

$23 Million Dedicated to Child Care Relief

The coronavirus pandemic has had an outsized impact on the field of early care and education (ECE) – underscoring its importance for an equitable economic recovery and the well-being of parents and children. According to a recent survey, child care enrollment is down 67%, adding crushing financial strain to businesses and families. LIIF is leveraging…