Programs
LISC New York City raises grants, loans and equity for strategic investments in community development organizations. We commit to working with community groups over a long period of time, providing them with consultation and training in addition to financial support to help these organizations – and the residents they serve – prosper as they improve their communities. LISC New York City also facilitates strategic partnerships between public and private stakeholders that provide additional financial resources and leadership to community groups assisting low- and moderate-income families in New York City.
Affordable housing has always been a key focal point of the LISC New York City program. CDCs are also becoming more involved in commercial and economic development initiatives and the passage of the New Markets Tax Credit has created many new opportunities for community-based commercial development projects. In addition, residents are requiring a stronger community-based focus on issues such as job training, education and the environment, and LISC works to help CDCs and other education-focused organizations improve school facilities in their neighborhood. A pilot program linking youth aging out of foster care to stable, affordable housing has grown out of a recognition by LISC NYC and our CDC partners of the unique challenges faced by this population. LISC New York City is determined to ensure CDCs are able to meet the needs of this changing community development landscape by providing the support necessary to build the capacity of their organizations.