New York, NY
| LEADERSHIP | |
 |
Executive Director: |
|
Chair, Local Advisory Committee: |
|
| CONTACT INFORMATION | |
| 501 Seventh Avenue 7th Floor New York, NY 10018 Telephone: (212) 455-9800 Fax: (212) 687-1396 Website |
|
 |
|
Established in 1979
Achievements by the Numbers:
(LISC and Affiliates)- 29,098 homes and apartments
- 1.5 million square feet of commercial space
- $1.5 billion total investment
- $3.4 billion leveraged
- > Learn more at: www.lisc.org/nyc
Project Profile:
In partnership with the City of New York, Enterprise Community Partners, Inc., the Rockefeller, Ford, MacArthur, Starr and Open Society foundations, LISC launched the $200 million New York Acquisition Loan Fund to provide previously unavailable capital for property acquisition for new development or to preserve at-risk affordable housing. This new fund is seen as a model for replication across the country. Also, LISC created a number of tools to be used in conjunctions with the use of these funds including grants in support of early preservation work and a line of credit program for CDC partners.