FINANCIAL RESOURCES

LISC provides loans, lines of credit, grants and recoverable grants, and equity investments to help Community Development Corporations (CDCs) and other partners revitalize their neighborhoods.

Grants and Recoverable Grants

LISC helps local organizations become strong and stable neighborhood institutions characterized by effective and responsible fiscal management and capable of carrying out a range of community revitalization activities.

Grants are designed and provided consistent with local program strategies and community development needs. Typical grant forms include:

• Organizational grants that help implement and support LISC’s Sustainable Communities Strategy, and management and financial capacities;
• Strategic planning grants to cover costs associated with the creation of new programs important to an organization’s overall mission and the needs of residents;
• Project grants to help cover costs associated with real estate development that further neighborhood revitalization goals.

Loans

LISC offers financing during all stages of projects — predevelopment, property acquisition, construction, and permanent. We seek to strike the right balance between taking risks consistent with our role as a charitable lender, and recovering our capital so we can make funds available to future projects. Following are some examples of our loan products:

• Pre-Development Loans
• Acquisition Loans
• Construction Loans
• Mini-Permanent Loans

Equity

LISC offers equity financing through our affiliate subsidiaries: The National Equity Fund, Inc; The New Markets Support Company; and The Community Development Trust.

Financial Products and Guidelines

The financial products and guidelines seek to balance the risk LISC Milwaukee takes and the opportunity LISC Milwaukee has to help organizations improve our community.

Financial Products and Services - PDF

For more information, contact: 
Jack West
LISC Milwaukee Financial Services Director
(414) 273-1815 Ext. 13 
jwest@lisc.org