Hartford, CT
Established in 1984
Achievements by the Numbers:
(By LISC and Affiliates since inception)- 2,346 homes and apartments
- 104,208 square feet of commercial space
- $121.7 million total investment
- $290.4 million leveraged
- Download Hartford LISC Program Summary (PDF, 593 KB)
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- Learn more at: www.lisc.org/hartford
Profile:
Direct project investments continue to be a critical component of our efforts to revitalize Hartford neighborhoods. Over the past three years investment includes $2.6 million in grants and loans, and $8.8 million in equity from NEF. This strategic investment supports the creation and preservation of 105 affordable homes, promoting support for the refinance and rehabilitation of rental housing. Hartford’s low homeownership rate (24 percent) has made increasing and preserving home ownership a priority of Hartford LISC. We have supported the development of over 200 homeownership units in strategic locations across the city by promoting block-wide development, restoration of historic assets and homebuyer education. These homes offer families a way to build assets and prepare for the future. With continued access to homebuyer education, these families have been successful in purchasing and maintaining their homes for long-term investment.
The Connecticut Children’s Investment Partnership works in tandem with LISC’s national Community Investment Collaborative for Kids as a leader in the provision of training, technical assistance and flexible financing for the development of quality child care centers that serve low-income children across Connecticut. Recently, Hartford completed El Paraiso Infantil, a new child care center run by Catholic Charities’ Institute for Hispanic Family, as well as the Women’s League Child Development Center. For each development, LISC provided recoverable grants and technical assistance. To address components of healthy neighborhoods, Hartford LISC has supported the neighborhood planning work of three community development corporations with consultant services, grants and technical assistance. These plans identified target areas, analyzed neighborhood conditions and identified key partners.



