Skip to content

$15 Million Equitable Transit-Oriented Development Fund Launches in Atlanta

The city of Atlanta is making strides to expand housing in opportunity-rich neighborhoods and connect residents to community assets. In 2019, Mayor Keisha Lance Bottoms announced a plan to invest $1 billion in affordable housing to address the city’s critical need of 24,000 units. In response, LIIF and Enterprise Community Loan Fund have joined Invest…

LIIF Funds Workforce Housing in New Orleans

LIIF recently provided a $5 million loan to Greencoast Enterprises and Iris Development (a local minority business enterprise) for the construction of Bourgoune Bywater, a new workforce housing and commercial development in New Orleans. Bourgoune Bywater will include 70 units, with 10% of the units reserved for low-income residents and the majority accessible for middle…

DHCD Financing Preserves and Produces Affordable Housing Units in Wards 5 and 8

The Washington, D.C. Department of Housing and Community Development has closed a $15.1 million loan from the Housing Production Trust Fund that will preserve 123 affordable housing units and produce new affordable housing units in Wards 5 and 8. LIIF acquisition financing helped TM Associates purchase the Hanover Court Apartments, where eight new affordable units…

LIIF Receives $3 Million Award from the District of Columbia Preservation Fund

LIIF is pleased to announce that we have been awarded $3 million from the District of Columbia Preservation Fund. The Fund provides quick access to short-term bridge, acquisition and pre-development financing for eligible borrowers to purchase and rehabilitate occupied building with more than five units. At least 50 percent of units must be currently affordable…