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Detroit LISC provides capital, technical expertise, training, and information to develop local leadership in creating affordable housing, spurring economic development, and supporting safe neighborhoods. Our goal is help neighbors build communities of choice where families and individuals can live, do business, have access to quality educational opportunities, and play. Since 1990, Detroit LISC has invested over $182.8M and leveraged over $800M in Detroit.
LISC is proud to partner with the City of Detroit and Bank of America to offer the 0% Interest Home Repair Loan Program to Detroit residents. For more information on the program and eligiblity, please visit www.detroithomeloans.org
The Local Advisory Board and staff of Detroit LISC are deeply saddened by the passing of C. David Campbell. Dave Campbell was one of a group of civic leaders that invited LISC to Detroit in 1990 and became a founding board member of the organization.
Bank of America is partnering with LISC to increase opportunities for families and individuals to build assets, reduce debt, gain financial literacy and independence as well as advance their careers.
Detroit LISC is helping Detroit Public Schools address its inventory of more than 80 surplus buildings and vacant lots with a $5 million loan fund for developers looking to repurpose properties into new anchors for high quality affordable housing, businesses and community spaces.
Detroit LISC is excited to announce a new lending product made possible by the partnership between National LISC and the Small Business Administration. The Community Advantage loan is offered to existing and growing small businesses in low-income neighborhoods with up to $250,000 to finance working capital, inventory, equipment, business acquisitions, real estate development, and tenant improvements.
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