News Archives
2011
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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.…
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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.…
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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. […]…
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LIIF Receives $21 Million NMTC Award
LIIF received $21 million in New Markets Tax Credits, its fourth consecutive allocation from the US Treasury program. NMTCs have been an essential tool for LIIF in its efforts to bring capital investment to low income communities. To date, LIIF has invested $96 million in projects serving low income people using NMTCs. LIIF’s NMTC projects […]…
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LIIF Supports Affordable Housing in Los Angeles, San Francisco & New York
LIIF has invested in affordable housing for over 25 years. In the last quarter, LIIF supported projects that will create or preserve over 180 units of housing in California and New York.…
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Bay Area Multifamily Fund Expands Footprint & Issues Audit Protocols
Energy Upgrade California Bay Area Multifamily (BAM) Fund is one of the first performance-based energy retrofit programs for multifamily housing and community facilities in the nation. LIIF is partnering with Enterprise Community Partners and the San Francisco Mayor’s Office of Housing to provide $4 million…
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CSFP: Public-Private Collaboration to Increase Investment in Schools
LIIF is one of five CDFIs collaborating on the Charter School Financing Partnership (CSFP) to increase capital access for high performing charter schools. …
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Economic Crisis & Community Development Finance a Top San Francisco Fed Website Download
LIIF President & CEO Nancy O. Andrews contributed her views on the community development sector’s response to the Great Recession in the Federal Reserve working paper, The Economic Crisis and Community Development Finance. …
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LIIF Moves Forward with TOD Efforts
LIIF is committed to supporting equitable transit-oriented development (TOD) projects in the communities it serves. Equitable TOD projects ensure affordable housing and community services are incorporated into developments located near public transportation hubs.…
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Federal Reserve Board Names LIIF President & CEO Nancy O. Andrews to Consumer Advisory Council
