News Archives
2019
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Low Income Investment Fund Announces Promotion of Kimberly Latimer-Nelligan to President
Key Executive’s Elevation Enhances Capacity and Positions LIIF for Growth San Francisco, Calif. – The Low Income Investment Fund (LIIF) has announced the promotion of Kimberly Latimer-Nelligan to the role of President. Daniel A. Nissenbaum will retain the CEO role, working with LIIF’s board of directors to develop the vision, industry leadership and strategic direction […]…
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GoATL Fund Backs LIIF’s Charter School Finance Program in Atlanta
GoATL, the impact investment fund of Community Foundation for Greater Atlanta, has invested $1 million into the Low Income Investment Fund to create a financing vehicle for earlier stage charter schools in Atlanta’s lower income communities. The U.S. Department of Education also provided funding. This flexible, long term capital will support emerging charter schools with proven leadership […]…
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Community Foundation for Greater Atlanta’s GoATL Fund Invests $1 Million in Local Education
The Community Foundation for Greater Atlanta’s impact investment fund, the GoATL Fund, recently closed a new $1 million investment for the Low Income Investment Fund (LIIF) to launch a new program to finance high-potential, early-stage charter schools in metro Atlanta’s lower income communities. Together with funding from the U.S. Department of Education, GoATL’s investment will […]…
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LIIF Welcomes New Directors of SPARCC and ECE
The Low Income Investment Fund (LIIF) is excited to announce two additions to our organization. Sondra Ford is LIIF’s new Director of the Strong, Prosperous, And Resilient Communities Challenge (SPARCC). Angie Garling will lead LIIF’s early care and education (ECE) team as our National ECE Director. “Sondra and Angie are highly respected leaders in the […]…
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Voices from the Field: How Financial Innovation Can Enable Inclusive Opportunity Zones
CDFIs can play an important role in building partnerships and creating innovative strategies to enable inclusive Opportunity Zones. Read more from LIIF’s VP of Structured Products & Capital Markets, Amy Laughlin, and others in this new report from Drexel University’s Nowak Metro Finance Lab and Accelerator for America. Read the report.…
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Funds for Kickstarting Affordable Housing Preservation and Production: Lessons for New Investors
Affordable housing preservation and development requires patient, flexible capital and strong partnerships. In “Funds for Kickstarting Affordable Housing Preservation and Production: Lessons for New Investors,” Elizabeth Mattiuzzi of Federal Reserve Bank of San Francisco highlights this important work and the partners who invest in safe, affordable housing. Read the report.…
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People’s Bank Building wins 2019 Smart Growth Award
The People’s Bank Building in Passaic, NJ, a project partially financed by LIIF, will receive a 2019 Smart Growth Award in June. The award honors the sustainable development of this Art Deco building, which has been repurposed into office and retail space that is revitalizing downtown Passaic. Read more from New Jersey Future.…
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LIIF’s Testimony to the DC City Council Committee on Education
In February 2019, Laura Jackman testified on behalf of LIIF to the DC City Council Committee on Education. She shared takeaways from LIIF’s work to increase early care and education slots for DC’s children alongside the Office of the State Superintendent of Education. Below is a transcript of her testimony. My name is Laura Jackman, and […]…
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$3.75 Million Awarded to LIIF in Capital Magnet Funds
LIIF is excited to announce our recent award of $3.75 million through the US Department of the Treasury’s Capital Magnet Fund (CMF). This enormously successful program has created deep impact and proven to be a smart investment, leveraging federal funds twenty times over. In fact, the 23 awardees in 2010 alone have produced 10,800 affordable […]…
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Expanding Health Access in New Orleans
A new 65,000-square-foot health clinic recently opened their doors in New Orleans, thanks in part to $3.25 million in acquisition loan financing from the Low Income Investment Fund. CrescentCare was founded as a primary source of care for underserved populations including low-income individuals, the LGBTQ community and people living with HIV and AIDS. The new […]…
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