News Archives
2019
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A New ‘Sustainability Bond’ Got 10 Times the Investor Interest It Needed
The Low Income Investment Fund, a San Francisco-based nonprofit, met with 10 times the investment interest it needed to float a $100 million “sustainability” bond last week, indicating strong demand for such bonds. LIIF will use the proceeds to support community development projects. Read more in Barron’s.…
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LIIF Reaches $50 Million of Investment in the South
Two years after opening an office in Atlanta, we’re proud to celebrate the deployment of $50 million in affordable housing, K-12 schools, early care and education, health clinics and community facilities across the South. LIIF has provided financing to community development projects in this region since 2001, but began a more concerted effort to increase […]…
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$100 Million in Sustainable Bonds for Social Impact: Announcing LIIF’s First Bond Issuance
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LIIF Comments on Opportunity Zone Data Collection
On May 31, 2019, LIIF submitted a comment letter to the Department of Treasury in response to the agency’s request for information (RFI) on data collection and tracking for Qualified Opportunity Zones. Based on LIIF’s more than 35 years of experience as an intermediary dedicated to transforming low-income communities, we enthusiastically support strong data collection […]…
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Low Income Investment Fund Announces Promotion of Kimberly Latimer-Nelligan to President
Key Executive’s Elevation Enhances Capacity and Positions LIIF for Growth San Francisco, Calif. – The Low Income Investment Fund (LIIF) has announced the promotion of Kimberly Latimer-Nelligan to the role of President. Daniel A. Nissenbaum will retain the CEO role, working with LIIF’s board of directors to develop the vision, industry leadership and strategic direction […]…
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LIIF Welcomes New Directors of SPARCC and ECE
The Low Income Investment Fund (LIIF) is excited to announce two additions to our organization. Sondra Ford is LIIF’s new Director of the Strong, Prosperous, And Resilient Communities Challenge (SPARCC). Angie Garling will lead LIIF’s early care and education (ECE) team as our National ECE Director. “Sondra and Angie are highly respected leaders in the […]…
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LIIF’s Testimony to the DC City Council Committee on Education
In February 2019, Laura Jackman testified on behalf of LIIF to the DC City Council Committee on Education. She shared takeaways from LIIF’s work to increase early care and education slots for DC’s children alongside the Office of the State Superintendent of Education. Below is a transcript of her testimony. My name is Laura Jackman, and […]…
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$3.75 Million Awarded to LIIF in Capital Magnet Funds
LIIF is excited to announce our recent award of $3.75 million through the US Department of the Treasury’s Capital Magnet Fund (CMF). This enormously successful program has created deep impact and proven to be a smart investment, leveraging federal funds twenty times over. In fact, the 23 awardees in 2010 alone have produced 10,800 affordable […]…
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Expanding Health Access in New Orleans
A new 65,000-square-foot health clinic recently opened their doors in New Orleans, thanks in part to $3.25 million in acquisition loan financing from the Low Income Investment Fund. CrescentCare was founded as a primary source of care for underserved populations including low-income individuals, the LGBTQ community and people living with HIV and AIDS. The new […]…
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Low Income Investment Fund Announces Leadership Changes
The Low Income Investment Fund (LIIF) announced the appointment of Giles Coates to the new position of chief financial officer (CFO) and the promotion of Sabrina Baptiste to the newly created role of chief administrative officer (CAO). Read more on the CDFI Connect Blog.…
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