Policy
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:
- Ensure that the Community Reinvestment Act continues to support robust and innovative investment in affordable housing and community development nationwide
- 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
- Expand resources for affordable housing and community development programs, including the Low Income Housing Tax Credit, Capital Magnet Fund, and key HUD Programs
- Improve our nation’s early childhood, elementary and secondary education system by establishing a new source of federal funding for high-quality child care facilities and fully funding the Department of Education’s Credit Enhancement Program
Interested in coordinating with LIIF on federal policy advocacy? Contact Olivia Barrow, Policy Officer, at obarrow@liifund.org.
