News Archives
2016
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LIIF Receives $50 Million through the Treasury’s Bond Guarantee Program
This week, Community Reinvestment Fund, USA (CRF) issued a $165 million bond in the fourth round of the US Treasury Department’s CDFI Bond Guarantee Program (BGP). LIIF is proud to receive $50 million during this round, which will support loans in many of our nation’s undeserved areas. “The CDFI Bond Guarantee Program has proven to fill a […]…
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CDFI Fund Awards $91.5 Million in Capital Magnet Funds
The Low Income Investment Fund (LIIF) is proud to announce it has received a $3.7 million award from the Community Development Financial Institutions (CDFI) Fund’s Capital Magnet Fund (CMF) Program. In 2010, LIIF was the largest CMF awardee and leveraged its $6 million award into $130 million in investments, a ratio of 20 to 1. […]…
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Announcing SPARCC – A $90MM Investment in Creating Just and Equitable Places to Live
From New Orleans to Ferguson to Flint, our nation continues to grapple with finding common ground and creating communities that live up to the ideal of justice for all. Many of the decisions we have made about housing, education, the environment and health have created places and systems that have failed low income residents and […]…
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Announcing SPARCC – A $90MM Investment in Creating Just and Equitable Places to Live
From New Orleans to Ferguson to Flint, our nation continues to grapple with finding common ground and creating communities that live up to the ideal of justice for all. Many of the decisions we have made about housing, education, the environment and health have created places and systems that have failed low income residents and […]…
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Celebrations Commence at New South Bronx Community Hub
A crowd gathered last week to celebrate the grand opening of Triangle Plaza Hub, a development that now provides access to nutritious food, health services and educational opportunities to residents of New York’s South Bronx community. Anchored by Fine Fare supermarket, the grocer will bring healthy, affordable food to one of New York’s largest food […]…
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Celebrations Commence at New South Bronx Community Hub
A crowd gathered last week to celebrate the grand opening of Triangle Plaza Hub, a development that now provides access to nutritious food, health services and educational opportunities to residents of New York’s South Bronx community. Anchored by Fine Fare supermarket, the grocer will bring healthy, affordable food to one of New York’s largest food […]…
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Can you tackle poverty without taking on place?
In a new article from Urban Institute, the organization offers evidence-based ideas on the importance of place when combating the effects of poverty. Where you come from has a deep and lasting impact on your ability to achieve the American Dream of upward economic mobility. What can be done about it? A series of antipoverty policies can […]…
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CDFIs Brief Congress on Innovative Community Investment Solutions
On May 12, community development leaders met on Capitol Hill in briefings of staff to Members of the U.S. Senate and House of Representatives on the critical role that community development financial institutions (CDFIs) play in connecting low income communities with the capital markets. Bi-partisan co-sponsors, Congressman Jose Serrano and Congressman Robert Dold, supported a […]…
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A Million Square Feet of Opportunity
In Memphis, Crosstown Arts is revitalizing a historic Sears building into a vertical urban village using arts as a catalyst for community change. …
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A Million Square Feet of Opportunity
In Memphis, Crosstown Arts is revitalizing a historic Sears building into a vertical urban village using arts as a catalyst for community change. …
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