News Archives
2015
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Crosstown Project Secures $200M Financing; Announces New Name; Holds Groundbreaking Celebration
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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.…
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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…
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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…
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Fannie Mae and Freddie Mac to Fork Over Cash That Keeps on Giving
The national urban affairs magazine Next City highlighted the Federal Housing Finance Agency’s (FHFA) recent decision to reinstate funding for the Capital Magnet Fund. Launched in 2010, the Capital Magnet Fund program provides flexible, affordable financing to support the preservation, rehabilitation and construction of affordable housing in low income communities…
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LA Metro Steps Up on Climate Change & Equity
LIIF’s Director of Transit-Oriented Development, Craig Adelman, recently contributed to LA Thrives All in LA blog to discuss LA Metro’s recent motion to ensure its new transit infrastructure initiatives benefit low-income residents and communities…
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Calculating Success – Measuring the Real Value of Community Work
In a recent post from Stabilize, the blog of StableCommunities.org, LIIF’s Social Impact Calculator was profiled as a new tool for organizations seeking to assess the value of their community work…
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LIIF Joins New Financing Program to Preserve Affordable Housing in San Francisco
LIIF is pleased to support the City of San Francisco’s new Small Sites Program (SSP), a unique effort to stabilize affordable housing for vulnerable low to moderate income residents. The program is part of a comprehensive effort to support San Francisco tenants at risk of losing their homes to market pressures, evictions and rising rents…
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Community groups applaud Fannie, Freddie funding Capital Magnet Fund
In an article from HousingWire, LIIF is highlighted alongside its CDFI partners in commending the Federal Housing Finance Agency (FHFA) for reinstating funding for the Capital Magnet Fund…
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LIIF & Partners Applaud Reinstated Funding for Capital Magnet Fund
LIIF joined some of the nation’s leading Community Development Financial Institutions (CDFIs) to commend the Federal Housing Finance Agency (FHFA) in its decision to direct Fannie Mae and Freddie Mac to begin contributing funds to the Capital Magnet Fund (CMF) …
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