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LISC to provide $13 million in “zombie" relief to NY communities

$13 millionin relief to New York communities

7.21.2016 - - LISC joined New York Attorney General Eric Schneiderman this week to announce the New York Housing Stabilization Fund, a $13 million grant program for municipalities dealing with high concentrations of zombie and vacant properties. Grants will be funded by bank settlement dollars negotiated by the A [...]

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What is LISC?

The Local Initiatives Support Corporation, known as LISC, is one of the largest organizations in the country supporting projects to revitalize communities. These include more affordable housing, better schools, safer streets, growing businesses and programs improving financial stability. We provide the capital, strategy and know-how to local groups to get this done. As a result, more than five million Americans live in stronger, thriving communities. See our reach as a national nonprofit and see how we work.

1982:
$10 million
invested
1989:
$100 million
invested
2006:
$1 billion
invested
Since 1980
$16.2 billion
total invested

$48.5 billion
total leveraged
Making Equitable Transit-Accessible Homes a Reality

In Boston, LISC and its partners have created an “accelerator” fund to spur the creation of mixed-use, affordable housing in close proximity to good public transportation. In a column for The Salem News, Bob Van Meter lays out the ways this kind of housing can reduce expenses and car use for low-income families, and opens a pathway to jobs, amenities and a better quality of life. The fund’s first project, eight historic buildings in Salem, MA undergoing a rehab, will bring those opportunities to [...]

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