Federal policy advocacy is a core tenet of LIIF’s efforts to support low-income communities and individuals. LIIF partners with policymakers and leading community development organizations to advance policy solutions that strengthen our nation’s community development delivery system.
Federal Policy Priorities
The power of CDFIs like LIIF lies in our ability to combine public and private capital to benefit local communities. Our programs each leverage public sector resources and partnerships to provide the fundamental supports for low-income people to more fully participate in the American economy, including affordable housing and access to transit, child care and high-quality schools. Federal funding – which LIIF typically leverages more than 16:1 – is an essential piece of this strategy.
LIIF advocates to:
- Make the New Markets Tax Credit a permanent part of the tax code
- Support robust funding for the Department of Treasury’s CDFI Fund, including Financial Assistance Grants (Healthy Foods Financing Initiative and Disability Grants) and the Bond Guarantee Program
- Improve our nation’s early childhood, elementary and secondary education system by fully funding the Department of Education’s Credit Enhancement Program and establishing a new source of federal funding for high-quality child care facilities
- Expand resources for affordable housing and community development programs, including the Low Income Housing Tax Credit, Capital Magnet Fund, and key HUD Programs
- Ensure that the Community Reinvestment Act continues to support robust and innovative investment in affordable housing and community development programs nationwide
- Ensure that the Opportunity Zones tax incentive has maximum impact and accountability to low-income communities and individuals.
Interested in coordinating with LIIF on federal policy advocacy? Contact Olivia Barrow, Policy Officer, at firstname.lastname@example.org.
Read below for more information about our policy work.
LIIF actively advocates for policies that support affordable housing development across the nation. Our affordable housing agenda has two primary goals:
- Protect and expand resources for affordable housing and community development programs, including the Low Income Housing Tax Credit, Capital Magnet Fund, and key HUD Programs
- Support efforts to develop new solutions to the nation’s housing affordability crisis.
LIIF is a member of the National Housing Conference, the National Association of Affordable Housing Lenders, and the National Low Income Housing Coalition.
LIIF is an advocate for increased resources for financing and technical assistance for high-quality public charter schools, which have emerged as a promising alternative to some traditional public schools in underserved neighborhoods. Lack of access to facilities is cited as a primary barrier to expansion for many high-performing charter schools. These schools do not have access to many of the traditional public funding mechanisms available to other public schools, such as a dedicated stream of capital funding and the ability to levy taxes. This puts charter schools at a distinct disadvantage in making operational and facility enhancements.
As part of our policy efforts to support high-performing schools, LIIF chairs the Charter School Lenders’ Coalition (CSLC), a national organization of community development groups supporting policies that benefit charter schools. Through its leadership of the CSLC, LIIF is working to ensure that low-wealth communities have access to high-quality schools to expand opportunities for thousands of children.