Phoenix, AZ
Teresa Brice
Chair, Local Advisory Committee:
Andrew Gordon,
Arizona MultiBank CDC
Established in 1992
Achievements by the Numbers:
(By LISC and Affiliates since inception)- 3,421 homes and apartments
- 278,581 square feet of commercial space
- $124.9 million total investment
- $294.9 million leveraged
- Download Phoenix LISC Program Summary (PDF, 455 KB)
- View photo gallery
- Learn more at: www.lisc.org/phoenix
Profile:
Phoenix LISC continues to administer and expand its comprehensive Building Sustainable Communities initiatives focusing on two neighborhoods, Golden Gate and Central City South, where Quality-of-Life plans are being implemented and initial planning is underway in a third neighborhood, Escobedo-Washington Park. LISC has provided $493,575 to support the lead agencies to date, which leveraged an additional $270,000 from local supporters. LISC Phoenix has convened a group of regional partners seeking to make equitable transit-oriented development a reality in areas served by the new light rail line with a goal of creating $50 million revolving fund to incent, leverage and guide development. LISC and NEF are helping Native American Connections Inc. build the first non-profit transit-oriented development project in Phoenix with 65 units of affordable rental housing.
LISC supports revitalization in key commercial districts, including Hatcher Road in the Sunnyslope area of Phoenix. Working to re-shape the corridor into an inviting, pedestrian-friendly commercial district, LISC helped Desert Mission Neighborhood Renewal adopt a commercial corridor and complete a $1.8 million lighting project to dramatically improve nighttime safety in the area. With support from Sate Farm, a $150,000 property façade project is underway with several more planned. In order to foster healthy environments, the Home Depot Foundation awarded an $83,800 grant through LISC Phoenix for ReGreening Phoenix, a project that is connecting green development and energy efficiency with the foreclosed properties rehabbed through the Sustainable Homeownership Coalition, with an additional $10,000 to support tree planting.