News Archives

You are here:
  • 2019

  • 01.15.19 | LIIF NEWS

    Addressing Equity in the Workplace

    LIIF recently hosted a conversation about unconscious bias and equity in the workplace during which staff discussed the moral and business case for diversity. “Companies in the top 25% for ethnic diversity are 35% more likely to financially outperform the bottom 25%,” said Jonathan Mayes, the head of Corporate Responsibility, Diversity and Inclusion for the […]…

    Read the full story
  • 01.15.19 | LIIF NEWS

    Bringing Financial Literacy to Early Care & Education Centers

    LIIF, the NYC Department of Education and the Financial Management Association hosted two finance workshops in November 2018 for approximately two dozen Early Care and Education (ECE) providers in Metropolitan New York City. These workshops were made possible in part by support from Citi’s Community Progress Makers award. ECE businesses have a triple-benefit for the […]…

    Read the full story
  • 2018

  • 04.26.18 | LIIF NEWS

    Community Progress Makers Award Accelerates LIIF’s Early Care & Education Small Business Work

    The Low Income Investment Fund (LIIF) has received a $500,000 grant from the 2018 Community Progress Makers Fund, an initiative of the Citi Foundation. These funds will allow LIIF to expand its Early Care & Education (ECE) work in New York City with an ECE Small Business Program. “Support from the Community Progress Makers Fund […]…

    Read the full story
  • 03.07.18 | LIIF NEWS

    MTC Approves Funds to Help Preserve Multi-Family Affordable Housing

    The Metropolitan Transportation Commission has committed $10 million to establish a new revolving loan fund known as the Bay Area Preservation Pilot Fund. When it’s launched later this year in partnership with LIIF and Enterprise Community Loan Fund, this $49 million fund will help nonprofit developers acquire and preserve multi-family, transit-accessible affordable housing in the […]…

    Read the full story
  • 01.10.18 | LIIF NEWS

    Daniel A. Nissenbaum Named President and CEO of the Low Income Investment Fund

    The Low Income Investment Fund (LIIF), one of the largest investors in low-income neighborhoods throughout the U.S., today announced that it has named Daniel A. Nissenbaum, a longtime LIIF board member and Goldman Sachs executive, as its new President and Chief Executive Officer. Nissenbaum will succeed Nancy O. Andrews who announced last summer that she […]…

    Read the full story
  • 2017

  • 12.07.17 | LIIF NEWS

    $100 Million Initiative to Preserve Affordable Communities

    The Low Income Investment Fund (LIIF), National Affordable Housing Trust (NAHT) and Morgan Stanley have launched a new $100 million initiative aimed at protecting affordable housing for low income families across the nation. An initial $30 million will be immediately available to nonprofit affordable housing providers through the Fund to Preserve Affordable Communities (FPAC). Through […]…

    Read the full story
  • 11.02.17 | LIIF NEWS

    More Equitable Funding and Finance Opportunities Coming for Tennessee Charter Schools

    The Low Income Investment Fund (LIIF) and the Tennessee Charter School Center (TCSC) announced they have received an $8 million award from the U.S. Department of Education’s Credit Enhancement for Charter School Facilities Program to expand high quality educational opportunities in Tennessee.  This award will enable LIIF and TCSC to establish a new charter school […]…

    Read the full story
  • 10.10.17 | LIIF NEWS

    Breaking Ground Opens 248-unit Affordable Housing Complex in The Bronx

    Breaking Ground recently celebrated the opening of a 248-unit affordable housing building in the Tremont section of The Bronx. Park House is part of Breaking Ground’s larger plan to provide more affordable housing units in New York City. The 12-story building includes one, two, and three bedroom units, creating housing that is accessible to families […]…

    Read the full story
  • 09.20.17 | LIIF NEWS

    Race, Gender and Justice in Community Development: Reflections by Nancy O. Andrews

    Today, with five years of hindsight, it’s fair to ask: What would we do differently? What would we add to our original vision? I can answer that without ambiguity: I would add racial and gender equity more thoroughly into our vision, our paradigm and our practice.   Nancy O. Andrews, President and CEO of the […]…

    Read the full story
  • 06.27.17 | LIIF NEWS

    LIIF Joins Allies to Urge Support for the Capital Magnet Fund

    The Low Income Investment Fund (LIIF) is proud to join 118 organizations in signing a letter to Congress urging support for the Capital Magnet Fund (CMF). The budget outline provided by President Trump last month proposes to eliminate key programs at the Department of Treasury and Department of Housing and Urban Development, including the CMF. […]…

    Read the full story