Opening Opportunity and Well-being For All
We are the Charlotte office of the Local Initiative Service Corporation or LISC, the nation’s largest community development organization. We work to make economic equality a reality for all Charlotteans. Our efforts focus on key areas to create stability for communities, families, and residents alike.
What is LISC?
Since its start in 1979, LISC has grown to become the nation’s largest community development organization. It has invested over $24 billion in neighborhoods, citizens, families, housing and entrepreneurs, while channeling more than $69 billion in total funding.
LISC uses its resources, people and financial strength to power change. The organization has $374 million in total assets and raised an additional $95 million in private grant funds in 2019. LISC is the first community development financial institution to access the general bond market and carries an investment-grade AA-rating by Standard & Poor’s. Learn more about our national impact.
Recent News
Bridge Builders for Stronger Communities: The Women of LISC’s Local Advisory Committees
LISC’s Local Advisory Committees (LACs) serve as guides and champions for the organization’s many local offices and rural program. Women leaders from the finance, philanthropy, government and community development worlds bring a special—and especially important—set of skills and insights to this critical, behind-the-scenes part of our work to strengthen communities.
LISC Launches Second Charlotte Affordable Housing Fund
The second iteration of the Charlotte Housing Opportunity Investment Fund (CHOIF II) will boost new construction and restore existing developments to help narrow city’s wide affordable housing gap. With a $5 million investment from First Citizens Bank, in addition to investments from existing partners, this new phase will build on the more than 1,500 units created through the $53 million investment in Charlotte communities during CHOIF I, which launched in 2019.
Affordable Senior Housing Opens in Charlotte
Laurel Street Residential has opened Gilfield Park, an 80-unit fully affordable and age-restricted housing community in northwest Charlotte, N.C. The community serves seniors over the age of 55, earning below 80 percent of the area median income. The property is the result of a private-public collaboration between LISC Charlotte and partners.