News Archives
2012
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LIIF Commits $1 Million to Communities Affected by Sandy
The Low Income Investment Fund’s (LIIF’s) thoughts and concerns are with the people and communities affected by Hurricane Sandy. To support recovery efforts, LIIF is committing $1 million to ensure that those hardest hit by the storm have access to food and much needed services.…
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Year-round Regional Farmers Market Planned for Broome County
LIIF is providing financing to Broome County for the construction of a permanent farmer’s market in a public park in Binghamton, NY. As part of LIIF’s New York Healthy Food & Healthy Communities (HFHC) Fund, the project will provide a consistent and permanent source of fresh produce to a surrounding community that currently lacks access […]…
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New Market Tax Credit Financing Paves the Way For a New Medical Center in Hilltop
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Moving from Poverty to Prosperity: An Integrated Approach to Community Development
By 2010, just over 46 million people fell below the U.S. Census Bureau’s official poverty line. In an exclusive commentary for Spotlight on Poverty and Opportunity, a leading non-partisan forum on poverty, LIIF president and CEO Nancy O. Andrews and David Erickson of the Federal Reserve Bank of San Francisco put the U.S. experience with poverty in an community context, arguing for a holistic approach to help today’s struggling low income families.…
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Affordable Housing Fund Continues Bay Area Success
In early 2011, LIIF launched a targeted fund, the $50 million Bay Area Transit-Oriented Development (TOAH) Fund, to provide financing to develop affordable housing and other vital community services near transit lines throughout the Bay Area. The San Francisco Business Times recently highlighted the Fund’s success in the Bay Area and…
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46 Million Americans in Poverty
In a recent article from Affordable Housing Finance, LIIF president and CEO Nancy O. Andrews weighed in on the recent findings from the new Census Bureau report on poverty, Income, Poverty, and Health Insurance Coverage in the United States: 2011. The recently released data on poverty for 2011 reveals that 46.2 million people, or about […]…
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Community Development Leaders Collaborate in New Book
A new book published by LIIF and the Federal Reserve Bank of San Francisco, Investing in What Works for America’s Communities, examines the current landscape of antipoverty efforts in America and offers innovative ideas and proven solutions to rebuilding America’s struggling communities. Affordable Housing Finance recently reviewed the contributions of the book and spotlighted the timeliness of the project release…
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New Book Published by LIIF and Federal Reserve Bank of San Francisco
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Transit-Oriented Development Helps Economic Growth
Arlington, Virginia, and the Ballston-Rosslyn transit corridor offers one of the country’s most prominent examples of successful Transit-Oriented Development (TOD) policy that have spurred economic growth and community revitalization. Drawing on the Arlington County project, the Partnership for Sustainable Communities released a recent article highlighting the community benefits of the smart growth planning approach…
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LIIF & Morgan Stanley Op-Ed in Huffington Post Says TOD Can Help Get America to Work
In an op-ed published in the Huffington Post, Nancy O. Andrews, LIIF’s President and CEO, and Audrey Choi, Managing Director and Head of Global Sustainable Finance at Morgan Stanley, voice that integrating transit, affordable housing and community services has both economic and social benefits for the nation…
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