News Archives
2017
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More Equitable Funding and Finance Opportunities Coming for Tennessee Charter Schools
The Low Income Investment Fund (LIIF) and the Tennessee Charter School Center (TCSC) announced they have received an $8 million award from the U.S. Department of Education’s Credit Enhancement for Charter School Facilities Program to expand high quality educational opportunities in Tennessee. This award will enable LIIF and TCSC to establish a new charter school […]…
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Breaking Ground Opens 248-unit Affordable Housing Complex in The Bronx
Breaking Ground recently celebrated the opening of a 248-unit affordable housing building in the Tremont section of The Bronx. Park House is part of Breaking Ground’s larger plan to provide more affordable housing units in New York City. The 12-story building includes one, two, and three bedroom units, creating housing that is accessible to families […]…
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Race, Gender and Justice in Community Development: Reflections by Nancy O. Andrews
Today, with five years of hindsight, it’s fair to ask: What would we do differently? What would we add to our original vision? I can answer that without ambiguity: I would add racial and gender equity more thoroughly into our vision, our paradigm and our practice. Nancy O. Andrews, President and CEO of the […]…
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Congress: Continue to Invest in America’s Struggling Cities and Towns
The Hill published an op-ed co-signed by the CEOs of LIIF, Capital Impact Partners, Reinvestment Fund and IFF that calls on Congress to support and ensure full funding for the CDFI Fund, which is threatened despite a strong and unwavering financial and social track record. On average, CDFIs leverage every federal dollar with at least […]…
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Putting “Housing is Health Care” Into Action
The United States Interagency Council on Homelessness features LIIF’s report with Mercy Housing as a resource for thought leaders interested in ending chronic homelessness. The report, “Innovative Models in Health and Housing,” features nine collaborative efforts between health care systems and housing groups in states across the U.S. Read more from the U.S. Interagency Council […]…
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LIIF Loan Funds Expansion of New Orleans Health Center by 300%
CrescentCare, a Federally Qualified Health Center, and developer Gulf Coast Housing Partnership have announced plans to break ground next week on a new comprehensive health care center in a neighborhood in New Orleans where there are no comparable facilities. The new 65,000 square foot campus will offer primary medical care, dentistry, pediatrics, HIV counseling & […]…
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Primary Care Development Corporation Provides Financing to Build New Health Center in New Orleans
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LIIF Joins Allies to Urge Support for the Capital Magnet Fund
The Low Income Investment Fund (LIIF) is proud to join 118 organizations in signing a letter to Congress urging support for the Capital Magnet Fund (CMF). The budget outline provided by President Trump last month proposes to eliminate key programs at the Department of Treasury and Department of Housing and Urban Development, including the CMF. […]…
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Essex Crossing Brings Affordable Housing & Services to NYC’s Lower East Side
Since 1967, nine lots in New York’s Lower East Side sat mostly vacant as local community members faced soaring housing prices and many went without affordable health care options and vital social services. Today, the poverty rate within this highly distressed area rests at 35 percent. In response to this dilemma, the City of New York […]…
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Ground Broken for Apartment Complex in L.A.
Hollywood Community Housing Corporation celebrated the groundbreaking for a 41-unit affordable housing development on April 22, 2017, combining new construction with the rehabilitation of a landmark — the historic Angelus Funeral Home in South Los Angeles. The construction was made possible in part by a $600,000 loan from LIIF. “The groundbreaking for the long-awaited Paul […]…
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