- Who We Are
- What We Do
- What We've Accomplished
It’s official! LISC has been tapped to manage an $18.5 million investment from Facebook that will help community groups and the city of East Palo Alto create quality affordable housing in Silicon Valley where Facebook is headquartered. LISC plans to quadruple the Catalyst Fund, as it is known, to $75 million to address regional challenges such as affordable housing and access to economic opportunity for local residents.
Earlier this month, LISC NYC and partners celebrated Two Shades of Green — a collaboration of city, corporate and community partners that are leveraging green strategies and investments to improve the quality of life for low-income residents.
Will the next great NYC ball player start here? Who knows but for this summer, middle and high school kids in Harlem and across the city will have a new gym for a 12-week hoops clinic and basketball tournament. The basketball court, inside Democracy Prep Harlem Charter School in New York City, was renovated with a new floor as part of ESPN and LISC’s Home Court program, which aims to improve the quality and accessibility of neighborhoods gyms. The NBA and NBA Cares joined in to provide equipment and uniforms for the grand re-opening.
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.