News Archives
2013
-
Modern-day Robin Hood applies business skills to philanthropy
In a new segment on 60 Minutes, Paul Tudor Jones, founder of the Robin Hood Foundation, shares his unique journey of establishing his charity and its focus on early education as one of its primary missions. The segment features a number of LIIF borrowers, including Part of the Solution and Uncommon Schools…
Read the full story -
LIIF Awarded $55 Million New Markets Tax Credit Allocation
Today, the U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund announced that the Low Income Investment Fund (LIIF) has been awarded $55 million in New Markets Tax Credit (NMTC) allocation. Nationally, the CDFI Fund awarded $3.5 billion in NMTC allocations to 85 organizations. This is LIIF’s sixth consecutive award and brings LIIF’s total NMTC […]…
Read the full story -
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…
Read the full story -
California Housing Fund Closes First Loan for Affordable Senior Housing
-
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…
Read the full story -
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…
Read the full story -
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 …
Read the full story -
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 […]…
Read the full story -
New Report Says Equitable Transit-Oriented Development Creates Better Communities for All
-
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”…
Read the full story
