News Archives
2015
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LIIF Closes First CDFI Bond Guarantee Program Loan
LIIF is pleased to announce that it has closed its first loan under the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Bond Guarantee Program to support a high performing charter school in the Bronx, New York…
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Kingsley House expansion to serve children and elderly
LIIF joined community residents, philanthropists and local officials in New Orleans, LA for the groundbreaking of a new building for Kingsley House, a reputable, high mission provider of social services. The New Orleans Advocate covered the groundbreaking event for what will be the new Patrick F. Taylor Campus…
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Kingsley House Closes on Funding for Expansion and Plans Groundbreaking Reception for April 2nd
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Kingsley House in New Orleans plans for new facility
New Orleans daily newspaper, the Times-Pacyune, recently featured the expansion plans for Kingsley House, a local community organization. With support from LIIF, Kingsley will construct a new 24,000-square-foot facility adjacent to it’s existing campus …
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Oakland, Calif., Charter School Leverages NMTCs for New Campus
The March issue of the Novogradac Journal of Tax Credits features LIIF’s investment in a new charter school in Oakland, CA. A loan from LIIF, together with a New Markets Tax Credit allocation from BRIDGE Housing, will finance Vincent Academy’s new 21,000-square-foot school…
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In Memphis, New Markets Tax Credits Spur Economic Development
LIIF joined Annie Donovan, Director of the Community Development Financial Institutions (CDFI) Fund to celebrate the groundbreaking of the historic Sears Crosstown building in Memphis, TN. The project was featured in a new post on the U.S. Treasury Departments’ Treasury Notes blog…
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Watt to Face Financial Services Committee
A new article from Affordable Housing Finance highlights the scheduled testimony of FHFA Director Mel Watts to the House Financial Services Committee on the strategic plans for supporting the CMF and National Housing Trust Fund…
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Capital Magnet Fund Creates “Bang for the Buck” in Affordable Housing
In an op-ed published in The Hill, Nancy O. Andrews, LIIF’s President and CEO, joined the leaders of The Reinvestment Fund, IFF and Capital Impact Partners to highlight the effectiveness and impact of the Capital Magnet Fund (CMF). CMF has led to more than $1 billion invested in affordable housing and economic development projects in […]…
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Capital Magnet Fund: A Smart Solution for Affordable Housing
LIIF joins with the leaders of Capital Impact Partners, IFF and The Reinvestment Fund to explain the importance of Capital Magnet Fund and its impact on low income American families …
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Major Construction Project Brings New Landmark to South LA
