News Archives
2017
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LIIF Joins Allies to Urge Support for the Capital Magnet Fund
The Low Income Investment Fund (LIIF) is proud to join 118 organizations in signing a letter to Congress urging support for the Capital Magnet Fund (CMF). The budget outline provided by President Trump last month proposes to eliminate key programs at the Department of Treasury and Department of Housing and Urban Development, including the CMF. […]…
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Statement of Nancy O. Andrews, President and CEO of the Low Income Investment Fund, on President Trump’s Fiscal Year 2018 Budget ‘Blueprint’
This week, President Trump released further details on the deeply troubling budget outline for federal fiscal year (FY) 2018 he provided to Congress in late March. Unfortunately, this more complete budget, if enacted would inflict even greater harm on communities and vulnerable families across the country than its preview suggested. Not only does the Administration […]…
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Health & Housing: Thought Leaders Convene on the Future of Community Partnerships
Last week, we joined community development organizations, advocates and allies across the nation in celebrating Infrastructure Week. It has been estimated that $3.6 trillion must be invested by 2020 to maintain America’s housing and infrastructure, which includes everything from transit systems to parks and schools to local water and energy systems. These investments will have […]…
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Capital Magnet Fund: A Smart Solution for Affordable Housing and Community Development
A safe, decent, affordable home is a key element of the American dream. The Capital Magnet Fund (CMF) is a Federal program that contributes to this vision. CMF was founded understanding that housing investments lead to stronger communities, stronger families and stronger futures. This, in turn, spurs regional and national economic growth. There is good […]…
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Every Seat Counts: Public-Private Partnerships to Preserve Affordable Child Care in San Francisco
Each morning, parents on their way to work drop off more than 220 children at the Mission Child Care Consortium (MCC), nestled in the heart of San Francisco’s Excelsior District. Established in 1969, the center is the city’s largest child care facility. For parents in the Excelsior District, a historically working-class Latino neighborhood now facing […]…
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New Ideas, New Allies: How Unlikely Partnerships are Transforming Community Development
What works to tackle poverty in the U.S.? How do we improve the prospects for every child in our country? Almost five years ago, the Low Income Investment Fund (LIIF) along with colleagues in the community development, private and public sectors sought answers to these difficult questions in the book, Investing in What Works for […]…
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LIIF Receives $85 Million New Markets Tax Credit Award
The U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund has awarded LIIF $85 million in New Markets Tax Credit (NMTC) allocation. In total, LIIF has been awarded $458 million in NMTCs since the program’s first allocation in 2007 to invest in high-impact projects that spur economic opportunity in low income communities. “From health clinics […]…
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Our Shared Future & Renewed Commitment
We each want an opportunity to live up to our full potential and for our children to live in a better, brighter future. The recent election has raised serious questions about how we fulfill this promise amid deep ideological divisions and growing economic and social inequality. At the Low Income Investment Fund (LIIF), we believe […]…
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Public Charter Schools as Partners in Tackling Segregation
Sixty-two years ago, the Supreme Court decision in the Brown case outlawed formal racial segregation in our nation’s public schools. Forty-eight years ago, the federal Fair Housing Act outlawed racial discrimination in housing. While much good has been accomplished in the intervening years, racial isolation in housing continues to plague many metropolitan areas. Historical redlining, […]…
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Public Charter Schools as Partners in Tackling Segregation
Sixty-two years ago, the Supreme Court decision in the Brown case outlawed formal racial segregation in our nation’s public schools. Forty-eight years ago, the federal Fair Housing Act outlawed racial discrimination in housing. While much good has been accomplished in the intervening years, racial isolation in housing continues to plague many metropolitan areas. Historical redlining, […]…
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