News Archives
2015
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LIIF Applauds Supreme Court Ruling to Combat Housing Discrimination
The U.S. Supreme Court announced today that a key anti-discrimination provision under the landmark Fair Housing Act will be upheld, marking a significant victory for civil rights and housing advocates. LIIF applauds the Supreme Court’s decision to recognize disparate impact claims and the important role they play in promoting fairness and inclusion in American communities…
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LIIF Receives $60 Million New Markets Tax Credit Award
Today, the U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund announced that the Low Income Investment Fund (LIIF) has been awarded $60 million in New Markets Tax Credit (NMTC) allocation. As part of the Treasury’s 2014 round, LIIF was one of only 76 community development organizations nationwide to receive funding. The award marks LIIF’s […]…
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$15M loan to keep home rehab program afloat
HOME Rochester gives low income families an opportunity to participate in homeownership in Rochester, NY. The Democrat & Chronicle recently featured new funding that will keep the program, which features LIIF as a participating lender, afloat…
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City Housing Agencies Announce New Green Housing Preservation Program to Deliver on Key Commitments in Mayor’s Affordable Housing Plan and ONENYC
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“Working City: The Atlantic Forum on Urban Progress” Convenes Community Leaders to Discuss Improving America’s Low Income Neighborhoods
On Thursday, May 7th, The AtlanticLIVE is hosting Working City: The Atlantic Forum on Urban Progress, a special half-day forum bringing together leaders who are seeking to sustain collaborative efforts aimed at making cities work better for all…
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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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