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Welcome to LISC Los Angeles!
LA LISC is working with CDC's and other closely aligned Neighborhood Intermediaries to identify and evaluate different approaches to organizing their work in community development. The overall goal of this effort provides participants with both the tools and the insights into how to make critical choices regarding how, when and why an organization would want to work collaboratively with others to design, manage or implement a comprehensive community development strategy.
Newly Appointed Executive Director
The Local Initiatives Support Corporation (LISC) is pleased to announce the promotion of Claudia Lima to Executive Director of LA LISC. Jeffrey Graham has decided to move on to other pursuits; we thank him for his leadership and service. Many of you know Claudia, until today our senior program officer for lending and an established leader in community development here in LA. Those of us at LISC have enjoyed her energetic, solutions-oriented, collaborative style and have tremendous confidence in Claudia. Claudia has been involved in every aspect of the LA LISC program including recent successful efforts to mitigate the impact of state budget woes on area charter schools serving low-income communities. During her tenure, she has been responsible for the lending and grant making activities; identifying and creating capacity building and programmatic initiatives needed for the local market; and oversees and coordinates LISC's Building Sustainable Communities Initiative, a holistic community development approach that ensures transactions are evaluated within the context of surrounding neighborhoods to catalyze revitalization. Claudia is a long-time resident of the area, knowledgeable about its neighborhoods, people and investment needs. ~ Mariano Diaz, Program Vice President
LISC's 2011 Numbers
LA LISC and affiliates have invested more than $568.3 million in grants, loans and equity leveraging $1.5 billion in total development resources, enabling the development of over 8,583 affordable homes and 1.6 million square feet of retail and community space.
LISC Special Report: Improving Educational Opportunities & Outcomes
The latest in the line of LISC special reports. Every low-income community need strong schools, effective childhood education centers, and responsive youth programs if they are to help families break the generational cycles of poverty and reverse persistent blight. For LISC, access to quality education is a vital piece of our comprehensive strategy to revitalize communities called Building Sustainable Communities. We help finance schools, strengthen youth academic and recreation programs, and support early childcare centers that provide the foundation for bright futures.
LISC Launches Working Capital Program for Charter Schools
LISC Working Capital Program
Los Angeles LISC and EdCapital launches new Working Capital Program to provide affordable and expedient financing for charter schools in Los Angeles. The $10 million Fund will help schools address cash flow needs caused by the deferral of state subsidy payments. Financing is limited up to $2 million per application and prioritizes low- to moderate-income census tracks in Vernon-Central, Crenshaw Corridor and Boyle Heights. Read more and download the application.
Green Development Center and LA LISC
The Green Development Center and LA LISC is thrilled to announce the launching of a brand new section of our website: The LISC Green Development Profiles. Along with a new page outlining the range of LISC's green development work areas. The Green Development Profiles of LA LISC features snapshots and listings of current green projects.
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LISC 2010 Annual Report
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