News Archives
2019
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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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LIIF Announces New CFO & CAO
The Low Income Investment Fund (LIIF) is excited to announce Giles Coates as our new chief financial officer (CFO) and the promotion of Sabrina Baptiste to the newly created role of chief administrative officer (CAO). In their roles as senior leaders for the organization, both Mr. Coates and Ms. Baptiste will join LIIF’s executive team. […]…
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Addressing Equity in the Workplace
LIIF recently hosted a conversation about unconscious bias and equity in the workplace during which staff discussed the moral and business case for diversity. “Companies in the top 25% for ethnic diversity are 35% more likely to financially outperform the bottom 25%,” said Jonathan Mayes, the head of Corporate Responsibility, Diversity and Inclusion for the […]…
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Bringing Financial Literacy to Early Care & Education Centers
LIIF, the NYC Department of Education and the Financial Management Association hosted two finance workshops in November 2018 for approximately two dozen Early Care and Education (ECE) providers in Metropolitan New York City. These workshops were made possible in part by support from Citi’s Community Progress Makers award. ECE businesses have a triple-benefit for the […]…
Read the full story 2018
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Community Progress Makers Award Accelerates LIIF’s Early Care & Education Small Business Work
The Low Income Investment Fund (LIIF) has received a $500,000 grant from the 2018 Community Progress Makers Fund, an initiative of the Citi Foundation. These funds will allow LIIF to expand its Early Care & Education (ECE) work in New York City with an ECE Small Business Program. “Support from the Community Progress Makers Fund […]…
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MTC Approves Funds to Help Preserve Multi-Family Affordable Housing
The Metropolitan Transportation Commission has committed $10 million to establish a new revolving loan fund known as the Bay Area Preservation Pilot Fund. When it’s launched later this year in partnership with LIIF and Enterprise Community Loan Fund, this $49 million fund will help nonprofit developers acquire and preserve multi-family, transit-accessible affordable housing in the […]…
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Daniel A. Nissenbaum Named President and CEO of the Low Income Investment Fund
The Low Income Investment Fund (LIIF), one of the largest investors in low-income neighborhoods throughout the U.S., today announced that it has named Daniel A. Nissenbaum, a longtime LIIF board member and Goldman Sachs executive, as its new President and Chief Executive Officer. Nissenbaum will succeed Nancy O. Andrews who announced last summer that she […]…
Read the full story 2017
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$100 Million Initiative to Preserve Affordable Communities
The Low Income Investment Fund (LIIF), National Affordable Housing Trust (NAHT) and Morgan Stanley have launched a new $100 million initiative aimed at protecting affordable housing for low income families across the nation. An initial $30 million will be immediately available to nonprofit affordable housing providers through the Fund to Preserve Affordable Communities (FPAC). Through […]…
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More Equitable Funding and Finance Opportunities Coming for Tennessee Charter Schools
The Low Income Investment Fund (LIIF) and the Tennessee Charter School Center (TCSC) announced they have received an $8 million award from the U.S. Department of Education’s Credit Enhancement for Charter School Facilities Program to expand high quality educational opportunities in Tennessee. This award will enable LIIF and TCSC to establish a new charter school […]…
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Breaking Ground Opens 248-unit Affordable Housing Complex in The Bronx
Breaking Ground recently celebrated the opening of a 248-unit affordable housing building in the Tremont section of The Bronx. Park House is part of Breaking Ground’s larger plan to provide more affordable housing units in New York City. The 12-story building includes one, two, and three bedroom units, creating housing that is accessible to families […]…
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