News Archives
2021
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LIIF Supports Diverse School in Memphis in Securing a Permanent Home
LIIF provided a $4.7 million construction and mini-permanent loan to Believe Memphis Academy to serve more students and help the school secure a permanent location. Believe Memphis Academy is a high performing school in Tennessee that has a strong commitment to racial equity, diverse staff and a student body made up of nearly 100% students […]…
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LIIF Announces New Board Chair and Three Directors
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LIIF Exceeds Goal in Bringing 1k Child Care Slots to D.C.
LIIF is proud to announce that the Access to Quality Child Care (A2Q) grant program exceeded its goal of bringing 1,000 new early care and education (ECE) slots to Washington, DC’s families. The program was launched in 2018 as joint initiative with the Office of the State Superintendent of Education (OSSE) and LIIF to address […]…
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Transit-Focused School Paves Career Pathways for Los Angeles Youth
The Low Income Investment Fund (LIIF) recently provided a $10 million loan into a New Markets Tax Credit (NMTC) transaction to support the SEED School of Los Angeles County (SEED LA), a startup boarding high school that will serve 400 high school students from South LA and around LA County with an immersive, 24-hour learning environment when it opens in Fall 2022. Admission preference […]…
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Impact-led Lending for Food Security in NYC
When it comes to advancing communities of opportunity, equity and well-being, lending is LIIF’s primary engine of impact. We continue to hone our “impact-led lending” approach through investments that are informed by—and explicitly designed to close opportunity gaps in—communities of color, balancing risk to ensure both impact and financial sustainability. One example of this approach […]…
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LIIF Upgraded by S&P
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Connecting Working Families to Jobs Near High Speed Rail in Dallas
LIIF recently provided $4.2 million to Petra Development for a mixed-use project which will include 235 housing units and retail in Dallas. The project will serve families earning 60 to 80% area median income & offer greater job access via its proximity to the Texas Central high-speed rail, connecting Houston to the Dallas/Fort Worth-area. Dallas, […]…
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Carolyn Smith Joins LIIF as VP, Strategic Communications
We’re excited to welcome our new Vice President of Strategic Communications, Carolyn A. Smith! Carolyn brings a decade of multi-sector strategic communications and public relations experience across the nonprofit, corporate, and public sectors. In this role, she will amplify LIIF’s work centering racial equity and advocating for communities of opportunity, equity and wellbeing. Carolyn sits […]…
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A New Conversation About Development Finance
LIIF CEO Daniel A. Nissenbaum joined Jeff Wood on the Rail~Volution Podcast to talk about equitable transit-oriented development, the CDFI industry, LIIF’s new strategic plan, and our journey toward centering racial equity in our work. Listen here.…
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LIIF Strongly Endorses The Child Care is Infrastructure Act
Congresswoman Katherine Clark (D-MA) recently reintroduced the Child Care is Infrastructure Act, a federal proposal to invest $10 billion in our nation’s child care infrastructure over the next five years. This proposal includes resources for community development financial institutions (CDFIs) and other intermediaries to provide technical assistance and capacity building to child care providers. LIIF […]…
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