News
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LIIF & Partners Support 100+ San Francisco Child Care Businesses with Loans During COVID-19
More than 100 home and center-based child care providers received a five-year, zero-interest loan to sustain their businesses during the pandemic, thanks to the San Francisco Economic Recovery Loan Program. The program was launched by San Francisco Mayor London Breed’s office in July 2021. LIIF served as the fund administrator for a portion of the […]…
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New Policy Resource Summarizes Community Restoration and Revitalization Fund
LIIF has created a policy resource to summarize the proposed CRRF program and ensure stakeholders are aware of this potential new source of transformative grant capital.…
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Stephanie McFadden Joins Low Income Investment Fund as Chief Lending Officer
The Low Income Investment Fund (LIIF), a national community development financial institution (CDFI), has named Stephanie McFadden as the new Chief Lending Officer (CLO). Based in the San Francisco office, McFadden will lead LIIF’s impact lending strategy. “This organization is dedicated to making true impact in underserved communities. I’m excited to guide our team as […]…
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Novogradac features LIIF’s Racial Equity Journey
The October 2021 issue of Novogradac Journal of Tax Credits features LIIF’s ongoing work to be an anti-racist organization, the principles guiding this work and how our new lending framework seeks to more objectively evaluate loans’ progress against our racial equity goals. Click the image below to read the full article >…
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‘Green’ Makeovers of Child Care Spaces Connect San Francisco’s Youngest Children to Nature
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Maygen Moore Joins LIIF as Director of National Lending Initiatives
LIIF is pleased to name Maygen Moore as the new director of national lending initiatives. Based in the Atlanta office, Moore works nationally to originate and structure innovative capital solutions for projects including education, housing and community facilities. Moore has worked in affordable housing and community development finance for over a decade. She previously served […]…
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Emma Chávez Joins LIIF as Western Region Market Director
LIIF is pleased to name Emma Chávez as the new market director of the Western region. Based in the Los Angeles office, Chávez is responsible for lending activities in California, Oregon, Washington and Colorado. Her work includes developing, managing and supporting local funder relationships and leading LIIF’s efforts in California-based affordable housing policy initiatives. Chávez […]…
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$2.25MM to Support First 3 Housing Developments in the Coachella Valley Housing Catalyst Fund
LIIF recently provided $2.25MM for the development of the first three funded projects within the Coachella Valley Housing Catalyst Fund. The fund aims to stimulate the production of critically needed affordable housing in the Coachella Valley in Southern California. Read more about the fund and partners. Projects: Las Casas Apartments (Coachella, CA): This farmworker housing […]…
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LIIF Awarded $60 Million in New Markets Tax Credits
LIIF is proud to receive this award from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund. New Markets Tax Credits (NMTCs) are a critical part of our work to bring capital to historically underinvested neighborhoods and have been the catalyst for some of our most transformative projects, such as THEARC in Washington, D.C. and Crosstown […]…
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Ken Stewart Joins LIIF as Deputy Director, Mid-Atlantic
LIIF is pleased to name Ken Stewart as the new Deputy Director for the Mid-Atlantic region with responsibility for deploying capital to help affordable housing developers acquire, preserve or develop new affordable housing in the region. LIIF invests in affordable housing, early care and education and other vital community assets that address inequities exacerbated by […]…
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