News Archives
2016
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Triangle Plaza Hub Eager to Serve Community In South Bronx Neighborhood
Last week’s ribbon cutting at Triangle Plaza Hub signaled the official opening of a new mixed-use development that will provide South Bronx residents with much-needed access to affordable food, medical services, and retail options. LIIF is proud to have allocated $10 million in New Market Tax Credits and provided a $5.75 million leverage loan to […]…
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LIIF Investment Expands Affordable Housing in Charlotte Suburb
Partnering with the NHP Foundation, JLL Capital Markets and Fannie Mae, LIIF is proud to have supported the purchase of The Pines at Carolina Place which will provide North Carolinian families with much-needed access to affordable housing. Located in an area that has experienced tremendous population and job growth, The Pines apartments are situated next […]…
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LIIF Partner, Mercy Loan Fund, Reaches $2 Billion Leveraged in Development Costs
Mercy Loan Fund recently announced that they have surpassed $2 billion leveraged in development costs on numerous high-impact projects, including those like Adobe Communities, a partnership with the Low Income Investment Fund (LIIF). To learn more about the impact of Mercy’s investments and their collaboration with LIIF, read more in Affordable Housing Finance. More Information: […]…
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Can you tackle poverty without taking on place?
In a new article from Urban Institute, the organization offers evidence-based ideas on the importance of place when combating the effects of poverty. Where you come from has a deep and lasting impact on your ability to achieve the American Dream of upward economic mobility. What can be done about it? A series of antipoverty policies can […]…
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CDFIs Brief Congress on Innovative Community Investment Solutions
On May 12, community development leaders met on Capitol Hill in briefings of staff to Members of the U.S. Senate and House of Representatives on the critical role that community development financial institutions (CDFIs) play in connecting low income communities with the capital markets. Bi-partisan co-sponsors, Congressman Jose Serrano and Congressman Robert Dold, supported a […]…
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Year-Round Farmers Market Opens in Broome County New York
A ceremonial ribbon cutting marked the opening of Regional Farmers Market in Broome County, New York. The project will provide community members with year-round access to fresh fruits and vegetables. LIIF is proud to have supported this healthy foods initiative that will connect families in the area with nutritious market options. More Information: Watch highlights […]…
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A Million Square Feet of Opportunity
In Memphis, Crosstown Arts is revitalizing a historic Sears building into a vertical urban village using arts as a catalyst for community change. …
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A Million Square Feet of Opportunity
In Memphis, Crosstown Arts is revitalizing a historic Sears building into a vertical urban village using arts as a catalyst for community change. …
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LIIF Provides $10 Million NMTC Allocation to DC Community Hub
The Low Income Investment Fund has provided a $10 million allocation of New Markets Tax Credits to Town Hall Education Arts Recreation Campus (THEARC), a cultural, educational and social services center located in southeast Washington. The contribution is part of $32.3 million in total financing led by SunTrust Banks, Inc. and in partnership with Enterprise. […]…
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Week of the Young Child
This week, the Low Income Investment Fund (LIIF) joins all of San Francisco in celebrating Week of the Young Child. For more than 20 years, LIIF has invested directly in early care and education as a pathway to opportunity for low income families. LIIF uses capital, capacity building and public advocacy to support the improvement […]…
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