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- NYC Inclusive Creative Economy Fund
A new LISC white paper examines how partnerships between Community Land Trusts (CLTs) and community development institutions can scale up and sustain land trusts so as to begin to impact displacement at the neighborhood level.
In a letter to the New York Times responding to an article about dwindling opportunities for low-skilled workers, Sam Marks, LISC NYC executive director, makes the case for baking equity and inclusion into economic development incentives and policies. By doing so, New York and others cities can support affordable housing and businesses that offer middle-skill jobs, and ensure that all residents benefit, regardless of their background.
On January 29th, LISC NYC was thrilled to gather with over 400 special guests for our 2019 Big Apple Innovation Awards! We were proud to honor Deutsche Bank with our Community Commitment Corporate Award and Community League of the Heights (CLOTH) with our Community Commitment Nonprofit Award.
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.