News Archives
2011
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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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Bay Area Multifamily Fund Expands Footprint & Issues Audit Protocols
Energy Upgrade California Bay Area Multifamily (BAM) Fund is one of the first performance-based energy retrofit programs for multifamily housing and community facilities in the nation. LIIF is partnering with Enterprise Community Partners and the San Francisco Mayor’s Office of Housing to provide $4 million…
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CSFP: Public-Private Collaboration to Increase Investment in Schools
LIIF is one of five CDFIs collaborating on the Charter School Financing Partnership (CSFP) to increase capital access for high performing charter schools. …
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Economic Crisis & Community Development Finance a Top San Francisco Fed Website Download
LIIF President & CEO Nancy O. Andrews contributed her views on the community development sector’s response to the Great Recession in the Federal Reserve working paper, The Economic Crisis and Community Development Finance. …
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LIIF Moves Forward with TOD Efforts
LIIF is committed to supporting equitable transit-oriented development (TOD) projects in the communities it serves. Equitable TOD projects ensure affordable housing and community services are incorporated into developments located near public transportation hubs.…
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First New York Healthy Food Market Grant Awarded
The predevelopment grant will enable the store’s owner to initiate his plans to improve and expand his store to twice its current size.Store owner John J. Gage said, “I am very grateful that the New York Healthy Food & Healthy Communities Fund identified a wonderful community in need of this investment.…
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LIIF’s 2010 Annual Report
LIIF’s 2010 Annual Report: Investing in Places. Investing in People. provides stories about the people and places LIIF supports. Through our investments, LIIF transforms houses into homes, storefronts into jobs and street blocks into neighborhoods.…
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LIIF & Federal Reserve Issue Paper on CDFIs & TOD
Transit-oriented development (TOD) is a critical tool to build healthy communities and create economic opportunity for low income people. LIIF commissioned a paper, published by the Federal Reserve Bank of San Francisco…
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