News Archives
2013
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85 CDEs Receive NMTC Awards
LIIF was selected as one of 85 organizations nationwide to receive an allocation of New Markets Tax Credit (NMTC) from the U.S. Treasury’s Community Development Financial Institutions Fund. Selected from a pool of 282 applicants, LIIF received an allocation of $55 million, its sixth allocation award. LIIF was featured…
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California Housing Fund Closes First Loan for Affordable Senior Housing
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New Fund’s First Loan Preserves 90 Homes for California Seniors
The Low Income Investment Fund (LIIF) is pleased to announce that the Golden State Acquisition Fund (GSAF) has successfully financed its first project with a loan to Preservation Partners Development (PPD) and Clifford Beers Housing to preserve 90 units of affordable senior housing…
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Creating Resilient Communities
In a speech at the Federal Reserve Community Affairs Research Conference, Ben S. Bernanke, Chairman of the Federal Reserve System, discussed the growing need for greater collaboration across disciplines to help build healthier, resilient communities. Using illustrative examples of community revitalization, including several featured in LIIF’s recently published book Investing in What Works for America’s Communities, Mr. Bernanke…
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LIIF to Finance Child Care Small Business Growth with New Innovative Fund
In honor of the national Week of the Young Child, the Low Income Investment Fund (LIIF) is proud to announce a new source of capital to help child care centers and family child care providers expand the availability of quality early care and education in the San Francisco Bay Area. The $500,000 Kids Are Our Business Fund will …
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New Report: Filling the Equitable TOD Financing Gap
Today, the Low Income Investment Fund (LIIF), Enterprise Communities Partners and Living Cities jointly released Filling the Financing Gap for Equitable Transit-Oriented Development, a new report that examines the opportunities and systemic challenges of advancing equitable transit-oriented development (TOD) across the country. The report features case studies from Atlanta, Denver, Minneapolis-St. Paul and the San […]…
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New Report Says Equitable Transit-Oriented Development Creates Better Communities for All
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Investing in What Works: Los Angeles
On April 4, 2013, LIIF and the Federal Reserve Bank of San Francisco convened a number of cross-sector stakeholders to discuss ideas and opportunities from the recently published book “Investing in What Works for America’s Communities: Essays on People, Place & Purpose”…
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Aligning Grants with Impact Investments Can Help Catalyze the Growing Impact Investing Field
Impact investing — investments intended to generate a blended value of social and financial return — continues to attract strong interest from both mainstream investors and traditional philanthropy. Even as foundations and philanthropists increasingly choose investments that advance their social mission, very few have developed a comprehensive approach that links impact investing and grantmaking into a single integrated strategy…
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Las Vegas Meeting Focuses on Transforming Businesses, Communities
Housing Partnership Network’s (HPN’s) Fall Member Meeting in Las Vegas, Nevada, featured a morning plenary session, “Transforming our Businesses and Our Communities,” that focused on the innovative community development strategies in the book Investing in What Works in America’s Communities, published by the Federal Reserve Bank of San Francisco and LIIF…
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