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2017 Annual Report!

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LISC News

8.06.2018 - ,

This Local Entrepreneur Is Expanding His International Tea Business

Meet a model turned tea connoisseur expanding his business with the help of our Kiva loan match program.

8.03.2018 - ,

LA LISC Won $2 Million to Loan to Small Minority-Owned Businesses.

LA LISC is among the 13 Community Development Financial Institutions (CDFI) across the country selected by Wells Fargo to receive a total of $12.1 million in lending capital and grants under the Wells Fargo Works for Small Business: Diverse Community Capital (DCC) program. This program will enable the cohort of CDFIs to increase lending, provide technical assistance and materials, and mentor diverse small business owners.

7.17.2018 - ,

CIT Bank Commits $150,000 to Develop Next Generation of Affordable Housing Leaders

“With the demand for sustainable housing increasing, Southern California needs a strong pipeline of talent committed to solving our affordable housing crisis,” said Steve Solk, president of Consumer Banking. “CIT is pleased to support the effort to educate and mobilize the future leaders of our community to tackle this challenge.”

7.16.2018 - ,

Become an AmeriCorps Host Site

LISC Los Angeles invites our partners to submit an application to host an AmeriCorps member for our next program year, which will begin on October 1, 2018. Applications for members are due Wednesday, July 25, 2018. If you need additional time, please contact Jessca Wakenhut.

7.11.2018 - ,

Fannie Mae Is Investing $10 Million to Generate Affordable Housing Solutions

To engage the community, Fannie Mae launched the Sustainable Communities Innovation Challenge, which received hundreds of proposals for their Phase 1 of the Innovation Challenge. Each proposal focused on the expansion of affordable housing development and onsite healthcare workforce training, accessory dwelling unit (ADU) development as an affordable housing option for residents in renovating neighborhoods, and transforming vacant commercial properties into affordable housing with business incubators for entrepreneurs to boost economic activity and jobs in low-income communities.

6.18.2018 - ,

CSH Summit 2018 - Los Angeles Takes the Lead

LISC LA, along with our subsidiary National Equity Fund, was a proud sponsor of the Los Angeles Takes the Lead track where we heard from experts doing the work around policy, development, research, and wraparound services.

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About Us

The Local Initiatives Support Corporation is one of the largest organizations in the country supporting projects to revitalize low-income communities. This comprehensive approach includes more affordable housing, better schools, safer streets, growing businesses and programs improving financial stability.

LA LISC brings together key local partners, community leaders, and decision-makers to take on pressing challenges, incubate innovative solutions, and develop smarter public policies. Our organization leverages its extensive toolkit of loans, grants, equity investments, and local expertise to enact meaningful change for Los Angeles' moderate - and low-income communities of color.