News Archives
2011
-
CDFIs emerge from political, economic upheavals… With New Capital to Finance Community Development
In the face of attacks on federal spending for domestic programs, a brutal recession, and tighter credit for almost all real estate lending, Community Development Financial Institutions (CDFIs) may be poised for a major step forward. Nancy O. Andrews: “If you have that more holistic approach, you think of the work we do at the […]…
Read the full story -
LIIF’s New York Office Has Moved
As of May 24, 2011, our new address in New York is 521 Fifth Avenue, Suite 625, New York, NY 10175. Our phone numbers will remain the same. t: 212.509.5509 f: 212.509.5593…
Read the full story -
LIIF Joins HUD Secretary Donovan at Harvard Event on Affordable Rental Housing
A new study released by the Joint Center for Housing Studies at Harvard University, “America’s Rental Housing: Meeting Challenges, Building on Opportunities,” found that one in four renters spends more than half their income on rent and utilities and the problem of affordability is creeping into higher income groups. LIIF President & CEO Nancy O. […]…
Read the full story -
LIIF & Partners Provide Bay Area TOD Financing
LIIF is proud to announce the launch of the Bay Area Transit-Oriented Affordable Housing (TOAH) Fund. Developers can now access financing for affordable housing and vital community services near public transit hubs through the $50 million fund. The TOAH Fund is a key part of LIIF’s strategy to support equitable transit-oriented development (TOD). LIIF is […]…
Read the full story -
CDFI Fund Announces 2010 NMTC Awards
LIIF received an allocation of New Markets Tax Credits in the latest round of awards from the US Treasury’s CDFI Fund. The Novogradac Journal of Tax Credits covered the awards in its April issue.…
Read the full story -
$50M fund aims to help developers build affordable housing
Bay Area housing developers will be able to tap into a $50 million revolving loan fund established by a consortium of banks, foundations, nonprofits and public agencies.…
Read the full story -
Bay Area Transportation Commission Creates Affordable Housing Fund
The Metropolitan Transportation Commission, the Oakland-based transportation planning and funding agency for the nine-county San Francisco Bay Area, has just established a new $50 million revolving loan fund for affordable housing developers. …
Read the full story -
TOD Fund Established for the Bay Area
Affordable housing developers in the San Francisco Bay Area have a new $50 million revolving loan fund to help finance land acquisition in select locations near rail and bus lines.…
Read the full story -
Bay Area agencies set up $50M affordable housing fund
Affordable housing developers in the Bay Area have a new funding source to turn to when buying land: the $50 million Bay Area Transit Oriented Affordable Housing Fund.…
Read the full story -
MTC Announces Commitment to TOAH Fund
LIIF joined the other partners of the Bay Area Transit-Oriented Affordable Housing Fund at a press event to announce the Metropolitan Transportation Commission’s (MTC’s) $10 million commitment to the fund. The MTC’s investment enabled the fund partners to raise an additional $40 in private capital to support equitable TOD projects in the nine-county Bay Area. […]…
Read the full story
