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LIIF’s Support of the Housing Crisis Response Act of 2023

LIIF has signed on in support of the Housing Crisis Response Act of 2023, which would provide more than $150 billion in fair and affordable housing investments. This represents the single largest investment in affordable housing in our nation’s history. These funds would create nearly 1.4 million accessible homes, helping 294,000 households afford their rent…

LIIF Responds to EPA’s Request for Information on the Greenhouse Gas Reduction Fund

On Monday, Dec. 5, the Low Income Investment Fund (LIIF) submitted detailed comments to the Environmental Protection Agency (EPA) with recommendations to ensure the Agency’s implementation of the new Greenhouse Gas Reduction Fund (GGRF) is equitable, effective and prioritizes the most-vulnerable people and communities, GGRF is a new $27 billion program enacted as part of…

LIIF Strongly Endorses the Child Care is Infrastructure Act

Congresswoman Katherine Clark (D-MA) recently reintroduced the Child Care is Infrastructure Act, a federal proposal to invest $10 billion in our nation’s child care infrastructure over the next five years. This proposal includes resources for community development financial institutions (CDFIs) and other intermediaries to provide technical assistance and capacity building to child care providers. LIIF…

Statement from the Low Income Investment Fund on the OCC’s Final CRA Rule

On May 20, 2020 the Office of the Comptroller of the Currency (OCC) issued a final rule on regulations governing the Community Reinvestment Act (CRA). This rule comes just six weeks after more than 7,500 comment letters were submitted in response to the agency’s proposed changes to CRA – including a letter of opposition from…

CEOs of Four National CDFI Loan Funds Comment on CRA Rulemaking

Oversimplified CRA metrics would damage local responsiveness and lessen social impact Joint statement by LIIF CEO Daniel A. Nissenbaum, Capital Impact Partners President and CEO Ellis Carr, IFF CEO Joe Neri and Reinvestment Fund President and CEO Don Hinkle-Brown We are deeply concerned by Comptroller Joseph Otting’s proposed changes to the Community Reinvestment Act (CRA), the…