News Archives
2016
-
LIIF Unveils Social Impact Calculator 2.0
In December, LIIF launched the Social Impact Calculator 2.0, an updated tool that allows community developers to measure the true impact of their investments. The Social Impact Calculator aims to help answer the question “What works to improve the lives of children and families?” This iteration of the resource allows users to calculate an internal […]…
Read the full story -
Massachusetts Sees Push for Healthy Foods Initiative
Advocates in Massachusetts are campaigning on behalf of the Massachusetts Food Trust, a fund that would incentivize grocery stores and food markets to open their doors in a state that needs increased access to healthy foods. Though Massachusetts is one of the wealthiest states in the country, it has fewer than one supermarket for every […]…
Read the full story 2015
-
LIIF Invests in Clinton Hill Site Designated for Affordable Housing
Clinton Hill, Brooklyn will soon see the construction of an affordable housing building as part of an ongoing Brooklyn Heights Library redevelopment project. LIIF provided an $11.1 million acquisition loan to Hudson Companies for the purchased a 25,000-square-foot site which will accommodate 78 residential units. In addition, a public library branch will be located on site. […]…
Read the full story -
LIIF’s Investment Creates Affordable Senior Housing and Community Space in New York
LIIF supported Delancey Street Associates’ with a $6 million construction loan to finance the Essex Crossing development in New York’s Lower East Side. The site also received a $12 million New Markets Tax Credits allocation. Once completed, the mixed-use building will accommodate 100 affordable senior-living apartments, in addition to space designated for nonprofit, community, and medical facility […]…
Read the full story -
Research on Housing Mobility, Co-Authored by LIIF and Partners, Garners Attention from the Philanthropy World
Earlier this fall, a working paper co-authored by LIIF, the Poverty & Race Research Action Council, the Urban Institute, and Johns Hopkins School of Medicine shed light on a new financing tool that could help individuals from high-poverty areas move to more affluent neighborhoods – a strategy which has shown improvements in educational, economic and […]…
Read the full story -
196 Countries Approve Historic Climate Agreement
After a 13 day convening in Paris, with nearly 200 countries across the globe in attendance, world leaders have settled on an agreement that incentivizes the use of clean energy to combat climate change. The deal aims to limit the rise in global temperatures to 2 degrees Celsius or less, and calls for cooperation among […]…
Read the full story -
LIIF Launches Updated Social Impact Calculator 2.0
Today, LIIF is pleased to announce the launch of the Social Impact Calculator 2.0. The calculator’s new features include the ability to calculate an internal rate of social return, select from different social discount rates, analyze multiple areas of impact for a single project and assess cumulative impact across several projects.…
Read the full story -
Joint Statement on the HUD Pay-for-Success Demonstration in the Transit Bill
-
LIIF Funds New Affordable Child Care Center in Berkeley
This past September, Nia House in Berkeley celebrated their grand re-opening with a new and expanded facility financed by LIIF. …
Read the full story -
U.S. Chamber of Commerce Foundation Recognizes Partners in Progress
Yesterday, the U.S. Chamber of Commerce Foundation named the Partners in Progress Initiative as the winner of a 2015 Corporate Citizenship Award in the category of Best Community Improvement Program. The initiative, a partnership between Citi Foundation and the Low Income Investment Fund, was recognized for its support of 14 organizations that are confronting “complex […]…
Read the full story
