News Archives
2021
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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 […]…
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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 […]…
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LIIF Upgraded by S&P
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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, […]…
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Carolyn Smith Joins LIIF as VP, Strategic Communications
We’re excited to welcome our new Vice President of Strategic Communications, Carolyn A. Smith! Carolyn brings a decade of multi-sector strategic communications and public relations experience across the nonprofit, corporate, and public sectors. In this role, she will amplify LIIF’s work centering racial equity and advocating for communities of opportunity, equity and wellbeing. Carolyn sits […]…
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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.…
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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 […]…
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The Avengers of Affordable Housing with Lori Little and Kimberly Latimer-Nelligan
Lori Little, President and CEO of the National Affordable Housing Trust, joins Kimberly Latimer-Nelligan, President of the Low Income Investment Fund, to talk about our joint venture with Stewards of Affordable Housing for the Future, and our work to raise $1 billion over the next five years to build, protect and preserve approximately 10,000 affordable […]…
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Mayor Bowser Announces Over $16 Million in Financial Assistance to Sustain DC’s Child Care Sector
The D.C. Office of the State Superintendent of Education will administer the new grant programs through partnerships with the Washington Area Community Investment Fund and the Low Income Investment Fund, which have previously partnered with the District to provide grants and technical assistance to child care providers. Read more in The DC Line.…
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New Partnership Tackles Housing Affordability Crisis
Three of the nation’s leading housing nonprofits—the Low Income Investment Fund (LIIF), Stewards of Affordable Housing for the Future (SAHF), and National Affordable Housing Trust (NAHT), have partnered to address the growing housing affordability crisis. Listen to Kimberly Latimer-Nelligan, President of LIIF, Lori Little, President and CEO of NAHT, and Andrea Ponsor, President and CEO of SAHF, […]…
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