News Archives
2015
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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
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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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