- About Us
- What We Do
It’s official! LISC has been tapped to manage an $18.5 million investment from Facebook in partnership with community groups and the city of East Palo Alto to create quality affordable housing in Silicon Valley where Facebook is headquartered. LISC plans to quadruple the Catalyst Fund, as it is known, to $75 million to address regional challenges such as affordable housing and access to economic opportunity for local residents.
LISC’s pioneering $100 million bond offering paves the way for more flexible investing in low-income places, says an article for the Institute for Sustainable Investing. The new asset class is a “game-changer” that has the potential to spur broad economic opportunity in under-invested communities, and the finance world is taking note.
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.