News Archives
2013
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LIIF Testifies to RWJF Commission on Building Healthy Communities
Nancy O. Andrews, President and CEO of the Low Income Investment Fund (LIIF), testified to the Robert Wood Johnson Foundation (RWJF) Commission to Build a Healthier America on Wednesday, June 19 in Washington, D.C. Sharing innovative ideas on what works to support healthy neighborhoods and families and increase economic opportunity…
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Investing in the Health of Residents and a Community
In a recent blog post from the CDFI New Markets Tax Credit Alliance, David Flentge, President and CEO of Community Health Care (CHC), highlighted the role of New Markets Tax Credits (NMTCs) in financing the expansion of CHC’s health services in Tacoma, Washington. LIIF provided CHC with a $14.5 million allocation of NMTCs…
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Groundbreaking for Healthy Food Hub in New Orleans
Construction started today on the ReFresh project, a healthy food hub that will bring retail, education, jobs and health programs to the Mid-City neighborhood of New Orleans. The Low Income Investment Fund (LIIF) joined New Orleans Mayor Mitch Landrieu and representatives from L+M Development Partners, Broad Community Connections and a host of community partners for a groundbreaking ceremony for ReFresh…
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Modern-day Robin Hood applies business skills to philanthropy
In a new segment on 60 Minutes, Paul Tudor Jones, founder of the Robin Hood Foundation, shares his unique journey of establishing his charity and its focus on early education as one of its primary missions. The segment features a number of LIIF borrowers, including Part of the Solution and Uncommon Schools…
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LIIF Awarded $55 Million New Markets Tax Credit Allocation
Today, the U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund announced that the Low Income Investment Fund (LIIF) has been awarded $55 million in New Markets Tax Credit (NMTC) allocation. Nationally, the CDFI Fund awarded $3.5 billion in NMTC allocations to 85 organizations. This is LIIF’s sixth consecutive award and brings LIIF’s total NMTC […]…
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New Fund’s First Loan Preserves 90 Homes for California Seniors
The Low Income Investment Fund (LIIF) is pleased to announce that the Golden State Acquisition Fund (GSAF) has successfully financed its first project with a loan to Preservation Partners Development (PPD) and Clifford Beers Housing to preserve 90 units of affordable senior housing…
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LIIF to Finance Child Care Small Business Growth with New Innovative Fund
In honor of the national Week of the Young Child, the Low Income Investment Fund (LIIF) is proud to announce a new source of capital to help child care centers and family child care providers expand the availability of quality early care and education in the San Francisco Bay Area. The $500,000 Kids Are Our Business Fund will …
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New Report: Filling the Equitable TOD Financing Gap
Today, the Low Income Investment Fund (LIIF), Enterprise Communities Partners and Living Cities jointly released Filling the Financing Gap for Equitable Transit-Oriented Development, a new report that examines the opportunities and systemic challenges of advancing equitable transit-oriented development (TOD) across the country. The report features case studies from Atlanta, Denver, Minneapolis-St. Paul and the San […]…
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Investing in What Works: Los Angeles
On April 4, 2013, LIIF and the Federal Reserve Bank of San Francisco convened a number of cross-sector stakeholders to discuss ideas and opportunities from the recently published book “Investing in What Works for America’s Communities: Essays on People, Place & Purpose”…
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Aligning Grants with Impact Investments Can Help Catalyze the Growing Impact Investing Field
Impact investing — investments intended to generate a blended value of social and financial return — continues to attract strong interest from both mainstream investors and traditional philanthropy. Even as foundations and philanthropists increasingly choose investments that advance their social mission, very few have developed a comprehensive approach that links impact investing and grantmaking into a single integrated strategy…
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