News Archives
2015
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A New Testament of Hope
Last month, Darren Walker, President of the Ford Foundation, reflected on the parallels between Dr. Martin Luther King, Jr.’s “testament of hope” and the present-day demonstrations spurred by the recent killings of young men of color by police. In the wake of this violence, Walker calls for a new testament of hope and a commitment to the fierce optimism required to sustain social justice work…
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LIIF Joins New Financing Program to Preserve Affordable Housing in San Francisco
LIIF is pleased to support the City of San Francisco’s new Small Sites Program (SSP), a unique effort to stabilize affordable housing for vulnerable low to moderate income residents. The program is part of a comprehensive effort to support San Francisco tenants at risk of losing their homes to market pressures, evictions and rising rents…
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LIIF & Partners Applaud Reinstated Funding for Capital Magnet Fund
LIIF joined some of the nation’s leading Community Development Financial Institutions (CDFIs) to commend the Federal Housing Finance Agency (FHFA) in its decision to direct Fannie Mae and Freddie Mac to begin contributing funds to the Capital Magnet Fund (CMF) …
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People + Place = Prosperity Accelerated | Annual Report 2014
LIIF believes that ensuring our nation’s prosperity means giving families a chance to get ahead through access to good schools, health care, affordable homes, quality child care, jobs and transportation. Our 2014 Annual Report highlights how LIIF accelerates progress for people and places…
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LIIF Finances LINC Project with Newly Recapitalized LA County Housing Fund
With financing from LIIF, LINC Housing will build 63 units of affordable rental housing with 31 units set aside for formerly homeless households. LIIF provided the acquisition financing to LINC through the newly restructured Los Angeles County Housing Innovation Fund (LACHIF) II…
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California Takes Landmark Step for Climate Change and Community Investment
California Governor Jerry Brown signed a budget that for the first time includes long-term, committed funding for affordable housing near transit as a key strategy to combat climate change and address economic inequality…
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Monetizing Impact: Introducing LIIF’s Social Impact Calculator
LIIF announces the launch of its Social Impact Calculator, a first-of-its-kind tool to measure the impact of our investments at CGI America in Denver and SOCAP Health in New York City, two of the nation’s most important gatherings of social impact investors…
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Promising News for the Environment and California’s Communities
The Low Income Investment Fund (LIIF) and Enterprise Community Partners proudly support the innovative, long-term plan for California’s investment in equitable transit-oriented communities announced by State Senate pro Tem Darrell Steinberg, State Senator Kevin de Leon and Los Angeles Mayor Eric Garcetti…
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LIIF Receives $48 Million New Markets Tax Credit Award
LIIF is proud to announce that it has been awarded its seventh consecutive New Markets Tax Credit allocation from the U.S. Treasury’s Community Development Financial Institutions Fund. As part of the Treasury’s 2013 round, LIIF was awarded $48 million in NMTC allocation authority…
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LIIF & NYC HPD Partnership Reaches $200 Million for Affordable Housing
LIIF is pleased to have worked as a partner to the New York City Department of Housing Preservation and Development (HPD) to originate more than $200 million in financing for the construction or preservation of more than 1,000 affordable housing units throughout New York City…
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