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: racial equity
LIIF Launches Black Developer Capital Initiative
CDFI Partners with National Affordable Housing Trust to Address Systemic Market Gaps SAN FRANCISCO (Aug. 2, 2021) – The Low Income Investment Fund (LIIF), in partnership with National Affordable Housing Trust (NAHT), announced the launch of the $70 million Black Developer Capital Initiative (BDCI), which will provide capital to support the growth of Black-led for-profit…
Transit-Focused School Paves Career Pathways for Los Angeles Youth
The Low Income Investment Fund (LIIF) recently provided a $10 million loan into a New Markets Tax Credit (NMTC) transaction to support the SEED School of Los Angeles County (SEED LA), a startup boarding high school that will serve 400 high school students from South LA and around LA County with an immersive, 24-hour learning environment when it opens in Fall 2022. Admission preference…