LISC National
Our Work

Homeownership


LISC works closely with our community partners to create better homeownership opportunities for neighborhood residents. LISC provides funding and resources to several local non-profits whose programs support homeowners in Buffalo, both with aquisition and repairs. Our capacity support funding through HUD's Section IV program allows our partner organizations to expand their staff, providing more support to clients who are pursuing homeownership.

LISC works with these key partners to promote homeownership:


Recent Projects:

Buffalo Promise Neighborhood Acquisition, Rehabilitation & Resale Program

Centered in the Kensington-Bailey neighborhood, this project included the substantial renovation of ten homes, replacing vacancy with first-time homeownership and helping stabilize the blocks surrounding the Westminster Community Charter School. LISC was able to offer a $1 million line of credit to Belmont, thanks to the partial loan guarantee and purchase subsidy provided by the John R. Oishei Foundation, as part of its commitment to the Buffalo Promise Neighborhood effort.

Partners: Belmont Housing Resources for WNY, Inc., Buffalo Promise Neighborhood, LISC, The John R. Oishei Foundation
LISC/NEF contribution: $1M

 

HomeFront Block-By-Block

LISC provided HomeFront, Inc. with a recoverable grant to assist with acquisition and pre-development costs for the rehabilitation of nine homes on Buffalo's West Side. The homes received substantial renovations, transforming neglected properties into attractive oppotunities for future homeowners. 

Address: 19th Street, West Side
Details: 9 Homes Acquired, Rehabbed & Sold
Total Investment: $1.5 M