Statement from the Low Income Investment Fund on the Interagency Proposal to Modernize CRA
LIIF CEO Daniel A. Nissenbaum issued a statement in response to the interagency proposal to modernize the Community Reinvestment Act (CRA).
Tag: Community Development
A New Conversation About Development Finance
LIIF CEO Daniel A. Nissenbaum joined Jeff Wood on the Rail~Volution Podcast to talk about equitable transit-oriented development, the CDFI industry, LIIF’s new strategic plan, and our journey toward centering racial equity in our work. Listen here.
New Partnership Tackles Housing Affordability Crisis
Three of the nation’s leading housing nonprofits — the Low Income Investment Fund (LIIF), Stewards of Affordable Housing for the Future (SAHF) and National Affordable Housing Trust (NAHT) — have partnered to address the growing housing affordability crisis. Listen to Kimberly Latimer-Nelligan, President of LIIF, Lori Little, President and CEO of NAHT, and Andrea Ponsor, President and…
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…
Inside the $1 Billion Bid to Rescue Affordable Housing
A new partnership between housing groups aims to give nonprofit developers the resources they need to preserve affordable apartments. Read more about our joint venture with SAHF and NAHT in CityLab.
New Affordable Housing Partnership to Tackle Economic, Health and Racial Inequity Crises in Wake of Pandemic
Innovative Joint Venture Aims to Invest $1 Billion Nationwide in First Five Years MEDIA CONTACT: Shayna Samuels, shayna@ripplestrategies.com, (718) 541-4785 SAN FRANCISCO, Oct. 6, 2020 – As tens of millions of people face eviction across the country, a new partnership has been established to assist low-income families and communities of color, who are being disproportionately…
Low Income Investment Fund Invests in Atlanta’s Grove Park Neighborhood and Provides Short-Term Relief
Grove Park Foundation receives first investment from nationwide partnership to revitalize communities In the Grove Park neighborhood of Atlanta, the Grove Park Foundation has started construction on a new K-8 school, health center and YMCA, and 110 units of mixed income housing, all as part of Phase I investments in the community’s plan toward greater…
Major Philanthropic Investment to Fuel LIIF’s Strategic Vision
Support from MacKenzie Scott will accelerate focus on racial equity and justice SAN FRANCISCO (July 29, 2020) – The Low Income Investment Fund (LIIF) is honored to announce a transformative donation from MacKenzie Scott in recognition of our high-impact, outcomes-driven community development work. LIIF is proud to be among the stellar organizations selected by Ms.…
Black Lives Matter
LIIF joins the millions of Americans and people across the world who are speaking out and standing up to say: Black lives matter. To all Black people, we see your pain and recognize the burdens of systemic racism that you bear, not just in this moment, but every day. We hear the call for each…
Statement from the Low Income Investment Fund on the OCC’s Final CRA Rule
On May 20, 2020 the Office of the Comptroller of the Currency (OCC) issued a final rule on regulations governing the Community Reinvestment Act (CRA). This rule comes just six weeks after more than 7,500 comment letters were submitted in response to the agency’s proposed changes to CRA – including a letter of opposition from…