News Archives
2015
-
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…
Read the full story -
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…
Read the full story -
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…
Read the full story -
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 […]…
Read the full story -
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 …
Read the full story -
Major Construction Project Brings New Landmark to South LA
-
Crosstown Project Secures $200M Financing; Announces New Name; Holds Groundbreaking Celebration
-
LIIF Participates in 2015 Citi Leadership Program for Opportunity Finance
LIIF is proud to announce that Cecile Chalifour, Director of California Region, has been selected as one of 48 Community Development Financial Institution (CDFI) professionals to take part in the Citi Leadership Program for Opportunity Finance.…
Read the full story -
Foodlink Opens “Stop One Meat Market” on Jay Street
Residents in the Josana neighborhood of Rochester, NY celebrated the recent opening of new community store that will offer access to fresh, affordable and nutritious foods. The store is the first to be revitalized as part of Foodlink’s Community Store Initiative, which aims to assist corner stores to stock and promote more healthful foods…
Read the full story -
A New Testament of Hope
Last month, Darren Walker, President of the Ford Foundation, reflected on the parallels between Dr. Martin Luther King, Jr.’s “testament of hope” and the present-day demonstrations spurred by the recent killings of young men of color by police. In the wake of this violence, Walker calls for a new testament of hope and a commitment to the fierce optimism required to sustain social justice work…
Read the full story
