News Archives
2011
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LIIF Receives Award to Support Small Businesses
LIIF received a $7.5 million award through the U.S. Department of the Treasury’s Small Business Lending Fund. …
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CDFI Fund Awards LIIF $3 Million for Healthy Food Financing
Today, the Low Income Investment Fund (LIIF) received a $3 million award from the U.S. Treasury’s Community Development Financial Institutions (CDFI) Fund. LIIF was one of only 12 organizations nationally to receive an award. LIIF will use the funds to further its work to increase access to nutritious and healthy food in low income and […]…
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LIIF Awarded $1.5 Million from US Treasury’s CDFI Fund
LIIF received a $1.5 million award from the US Treasury’s Community Development Financial Institutions (CDFI) Fund. The support from the CDFI Fund will enable LIIF to invest in distressed communities and provide support to low-income families across the country. This year, the CDFI Fund gave $142 million to 155 CDFIs through its annual competitive award […]…
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A Decade of Results: Charter School Loan & Operating Performance
LIIF is pleased to share A Decade of Results: Charter School Loan & Operating Performance, an industry-wide survey that examines ten years of charter school loan performance. The report reflects data from 15 lenders representing $1.2 billion in charter school loans. Printed copies of the report will be available in June. This study identifies and […]…
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LIIF’s New York Office Has Moved
As of May 24, 2011, our new address in New York is 521 Fifth Avenue, Suite 625, New York, NY 10175. Our phone numbers will remain the same. t: 212.509.5509 f: 212.509.5593…
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LIIF Joins HUD Secretary Donovan at Harvard Event on Affordable Rental Housing
A new study released by the Joint Center for Housing Studies at Harvard University, “America’s Rental Housing: Meeting Challenges, Building on Opportunities,” found that one in four renters spends more than half their income on rent and utilities and the problem of affordability is creeping into higher income groups. LIIF President & CEO Nancy O. […]…
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LIIF & Partners Provide Bay Area TOD Financing
LIIF is proud to announce the launch of the Bay Area Transit-Oriented Affordable Housing (TOAH) Fund. Developers can now access financing for affordable housing and vital community services near public transit hubs through the $50 million fund. The TOAH Fund is a key part of LIIF’s strategy to support equitable transit-oriented development (TOD). LIIF is […]…
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MTC Announces Commitment to TOAH Fund
LIIF joined the other partners of the Bay Area Transit-Oriented Affordable Housing Fund at a press event to announce the Metropolitan Transportation Commission’s (MTC’s) $10 million commitment to the fund. The MTC’s investment enabled the fund partners to raise an additional $40 in private capital to support equitable TOD projects in the nine-county Bay Area. […]…
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LIIF Receives $21 Million NMTC Award
LIIF received $21 million in New Markets Tax Credits, its fourth consecutive allocation from the US Treasury program. NMTCs have been an essential tool for LIIF in its efforts to bring capital investment to low income communities. To date, LIIF has invested $96 million in projects serving low income people using NMTCs. LIIF’s NMTC projects […]…
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LIIF Supports Affordable Housing in Los Angeles, San Francisco & New York
LIIF has invested in affordable housing for over 25 years. In the last quarter, LIIF supported projects that will create or preserve over 180 units of housing in California and New York.…
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