News
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Pandemic Spotlights Critical Links Between Childcare and the Economy
To support essential child care services during the pandemic, and to ensure essential workers with young children can stay in the workforce, many banks have increased their collaboration with community-based nonprofits offering funding and supportive services to childcare providers. Read more in ABA Banking Journal.…
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The importance of partnerships that center resident outcomes
LIIF’s Olivia Barrow, Policy Manager in Washington, D.C., was featured on the National Housing Conference’s (NHC) Our American Home blog. Olivia is a member of NHC’s Emerging Leader in Affordable Housing group and writes about the importance of partnerships that center resident outcomes. Read the full article here. .…
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LIIF Issues RFP for California Child Care Lobbyist
We are glad to announce the release of the Low Income Investment Fund’s (LIIF) Request for Proposals (RFP) to identify qualified consultants to support our work in Early Care and Education with legislative lobbyist services in California. The RFP with information about our organization, the scope of work, and instructions is linked below. Click here […]…
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Expanding Access to Early Care and Education in San Francisco
Statewide in California, about four million children need child care, but less than one million slots are available. In San Francisco, about 20,000 kids do not have access to early care and education (ECE) programs. Quality, affordable child care is an investment that enables whole families to succeed by allowing parents to work and/or attend […]…
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In Spite of This Week’s Latest Attack, Democracy is Prevailing
The insurrection at the Capitol building in Washington, D.C. yesterday was a sinister attack on democracy and counter to the principles for which LIIF stands. We strongly condemn the mob violence incited by anti-patriotic falsehoods aimed at discrediting a valid presidential election and the will of the people. Today, we are more resolved than ever […]…
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$20 Million LIHTC Bridge Financing for Developers Impacted by COVID-19
The Low Income Investment Fund (LIIF) has launched a $20 million COVID-19 Low Income Housing Tax Credit (LIHTC) Developer Fee Bridge Initiative to support affordable housing developers grappling with liquidity challenges in the wake of the coronavirus pandemic and ensuing recession. With a guarantee from the Community Investment Guarantee Pool (CIGP), this flexible capital will […]…
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$23 Million Dedicated to Child Care Relief
The coronavirus pandemic has had an outsized impact on the field of early care and education (ECE) – underscoring its importance for an equitable economic recovery and the well-being of parents and children. According to a recent survey, child care enrollment is down 67%, adding crushing financial strain to businesses and families. LIIF is leveraging […]…
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Therapeutic Child Care Center Opens in DC to Offer Free & Sliding Scale Care
For 30 years, Kidspace has offered care and education to children of families experiencing financial or psychological stress. Thanks to a $7 million fundraising campaign, of which LIIF was a part, the center has opened in a new space in DC, where it will eventually be able to double the number of children served to […]…
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Democracy, Decency and Diversity Prevail in 2020 Election
With the results of this contentious election now clear, we have affirmed that the essence of our country—democracy, decency and diversity—will prevail. We congratulate President-elect Joe Biden and Vice President-elect Kamala Harris, who represents many firsts as a Black and Indian American woman at the highest level of our government. The damage caused by the […]…
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First Loan Closed in Atlanta TOD Fund to Combat Displacement
LIIF recently closed the first loan in the $15 million Atlanta Equitable Transit-Oriented Development (TOD) Fund – a partnership with the development authority (Invest Atlanta) and Enterprise Community Loan Fund. The fund was created in December 2019 to support the City’s efforts in creating 24,000 affordable units. LIIF provided a $2.625 million loan alongside a […]…
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