News Archives
2014
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Small community loan program keeps childcare centers afloat
In a new audio and news feature, Southern California Public Radio profiles the success of LIIF’s Los Angeles Early Childhood Education (LA ECE) Bridge Fund, a first-of-its-kind fund that provides financing to preserve child development and education services for low income children in Los Angeles County…
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Community Development Needs a Quarterback
In a new blog post on the Stanford Social Innovation Review, Nancy O. Andrews of LIIF and Brande McHale of the Citi Foundation make a case for “community quarterbacks” to tackle the issues facing low-income families and communities.…
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Los Angeles Early Care and Education Bridge Fund Preserves Affordable Child Care for Thousands of Working Families
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Bipartisan Legislation to Increase Energy Efficiency in Multifamily Housing Introduced in Congress
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Round 11 NMTC Awardees Discuss Program’s Future, Plans for Allocations
The July issue of the Novogradac Journal of Tax Credits covers the announcement of the latest round of New Markets Tax Credit (NMTC) awards from the U.S. Treasury’s Community Development Financial Institutions Fund. Examining the program’s continued economic and financial success, Novogradac surveyed several NMTC awardees, including LIIF…
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LIIF Finances LINC Project with Newly Recapitalized LA County Housing Fund
With financing from LIIF, LINC Housing will build 63 units of affordable rental housing with 31 units set aside for formerly homeless households. LIIF provided the acquisition financing to LINC through the newly restructured Los Angeles County Housing Innovation Fund (LACHIF) II…
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California Takes Landmark Step for Climate Change and Community Investment
California Governor Jerry Brown signed a budget that for the first time includes long-term, committed funding for affordable housing near transit as a key strategy to combat climate change and address economic inequality…
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Community Organizations Create Holistic Approach to Poverty Reduction in Los Angeles
LIIF’s Partners in Progress (PIP) Initiative is working to transform distressed neighborhoods across the nation into places of opportunity. In a feature from Latin Post, three PIP grantee’s in Los Angeles, Youth Policy Institute, Little Tokyo Service Center, are featured as they work to create community driven change in neighborhoods…
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Monetizing Impact: Introducing LIIF’s Social Impact Calculator
LIIF announces the launch of its Social Impact Calculator, a first-of-its-kind tool to measure the impact of our investments at CGI America in Denver and SOCAP Health in New York City, two of the nation’s most important gatherings of social impact investors…
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Community Revitalization Efforts Receive $3.5 Billion in Tax Credits
Emphasizing the importance of New Market Tax Credits (NMTC) on economic recovery in distressed areas, the U.S. Department of the Treasury profiled several NMTC transactions across the country, including LIIF’s recent investment with St. Anthony Foundation in San Francisco…
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