- About Us
- What We Do
LISC's economic development initiatives boost the health of neighborhoods by investing in the physical and social assets of a community's business district.
To make this happen, we support programs that encourage entrepreneurship, attract new business, diversify the local retail mix and stimulate employment.
The impact of these investments ripple beyond individual neighborhoods, improving the landscape for industry and employment, bolstering cities' tax revenues and stimulating regional economies.
Through the New Markets Support Company, one of our affiliates, we syndicate federal New Markets Tax Credits to energize retail corridors, clean up brownfield sites and reinforce investment in housing, schools and neighborhood services. Our retail and commercial lending tools offer financing for all stages of a project. They help build affordable housing developments and office buildings, bring supermarkets to food deserts and refurbish main streets.
LISC’s small business loan program offers financing to small, for-profit businesses for everything from acquisition to equipment to working capital. And through MetroEdge, an approach to developing commercial districts, we help local leaders, businesspeople, public officials and investors understand emerging markets, prepare for development and attract and grow businesses. Check out our #Elevating Equity: Preserving Small Businesses in LA County Toolkit.
Our KIVA Trustee Program expands financial opportunities for underserved entrepreneurs and small businesses in the US.
We also invest in transit-oriented communities (TOC), funding housing and businesses near rail and bus lines that connect people to work, school, services and cultural life. We have created a toolbox for Transit Oriented Development in LA County. And our creative placemaking initiative promotes arts- and culture-based community projects that enhance neighborhoods and open all kinds of doors for commerce, job-creation and other economic activity.