Category: Policy

On April 16, LIIF Chief Executive Officer Daniel A. Nissenbaum was honored to share insights on the critical role that CDFIs play when he attended an invite-only briefing with the U.S. Treasury Deputy Secretary Michael Faulkender and Deputy Assistant Secretary for Community and Economic Development Alexandria Smith. For three decades, CDFIs have created innovative financing tools to revitalize communities by…

Today, U.S. Senator Ron Wyden (D-Ore.), with five colleagues in the Senate, reintroduced legislation to help working families access affordable housing and child care. U.S. Representative Suzanne Bonamici (D-Ore.) introduced companion legislation in the House. The Build Housing with Care Act would invest $500 million to construct child care centers co-located in affordable housing developments…

LIIF coordinated with the Capital Magnet Fund (CMF) Coalition on comments to the revised CMF Interim rule. The interim rule proposes revisions to definitions and program requirements, revisions to project-level requirements, updates to address business practices in affordable housing and the consolidation of economic development activities under a new section for a more comprehensive articulation…

LIIF joined the New Markets Tax Credit (NMTC) Working Group to provide comments in response to the CDFI Fund’s request for public comments on the NMTC Program Allocation Application. The members of the NMTC Working Group are participants in the industry who work together to help resolve technical program issues — and provide recommendations to…

LIIF is proud to have signed onto the National Council of State Housing Agencies’ HOME Coalition FY25 appropriations request letter that has been sent to House and Senate appropriations committees. Read the letter.

LIIF Joe Fretwell recently offered recommendations at two hearings. The topics were how a robust, quality supply of child care is essential to the District’s ability to achieve various economic development, growth and planning goals of the Council and the Mayor, plus how the District can be more proactive in efforts to support child-development facilities…

LIIF submitted a comment letter to U.S. Department of Health and Human Services (HHS) and Administration for Children and Families (ACF) in response to a Notice of Proposed Rule Making (NPRM) aimed at strengthening the Head Start program.   The proposed changes add new requirements to the Head Start Program Performance Standards (HSPPS) to support and stabilize…

A diverse group of civil rights organizations, affordable housing leaders and housing industry trade groups joined forces to urge that a new bank capital proposal be reconsidered. We are collectively urging the regulators — the Office of the Comptroller of the Currency, the Federal Reserve System and the Federal Deposit Insurance Corporation (the Agencies) — to make major…

LIIF, along with 34 mission-aligned organizations, has signed on in support of innovative legislation introduced to help millions of cost-burdened renters at a time when housing costs are skyrocketing as the gap between incomes and housing costs grows. The Rent Relief Act would:

Together with nearly 80 groups, LIIF sent a letter to the Federal Housing Finance Agency (FHFA). The ask? To lower housing costs for renters and homeowners by updating energy codes with modern energy-efficiency standards. This a win-win for our pocketbooks and our environment. Read the letter.