LISC National

News

11.13.2017 - ,

Crain’s Publishes Commercial Corridor Op-Ed by LISC NYC and Citi Community Development

We are pleased to share with you this op-ed that ran November 9th in Crain’s New York Business, which Sam Marks, Executive Director, LISC NYC, co-wrote with Eileen Auld, New York tri-state director for Citi Community Development. The piece highlights the vital economic and social role that local commercial corridors play in New York City neighborhoods.

11.08.2017 - , ,

LISC NYC, Citi Community Development and NYC SBS Launch Program to Boost Locally-Owned Businesses

At an event celebrating storefront improvements that will be coming to Bay Street in the Stapleton area of Staten Island through the Commercial Corridor Challenge, Lara Olubunmi, owner of Wazobia Restaurant, spoke about the vital social and economic roles that locally-owned businesses play.

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About Us

LISC New York City is dedicated to helping low-income New York City neighborhoods become healthy communities of choice – good places to live, do business, work and raise families. LISC has nearly four decades of experience developing the infrastructure of community-based organizations by providing technical and financial assistance; building capacity of local institutions to respond to changing community needs; sharing best practices to maximize precious resources; and brokering collaboration among its vast network of partners—government, nonprofit, and corporate—to tackle issues on the community level.  

Over the last 36 years, LISC New York City has invested over $2.5 billion in more than 75 New York City community development corporations (CDCs) and other local groups.  With our support, these organizations have developed over 37,000 affordable homes and apartments as well as 1.7 million square feet of retail and community space. In 2015 alone, LISC New York City and our affiliates provided over $13 million in financing for affordable housing developments and over $120 million in equity investments.