- Who We Are
- What We Do
- What We've Accomplished
LISC NYC promotes resources and government policies that support the equitable transformation of neighborhoods into sustainable communities of choice and opportunity with good places to live, work, and raise children. Working alongside mission-driven organizations and other local champions, we share research, highlight best practices, and make policy recommendations before government stakeholders and other policymakers. Our policy and advocacy work centers on four key pillars:
Federal resources our vital to New York City. We coordinate with our federal policy team based in Washington D.C. to advocate for sustained funding and expansion of housing and tax credit programs that make equitable community development possible in New York City. LISC testimony and comments to congress and federal agencies can be found here. Additional background information on several key programs can be found below:
Community Development Block Grant Program - CDBG
The Community Development Block Grant (CDBG) program is a flexible program that provides communities with resources to address a wide range of unique community development needs. Beginning in 1974, the CDBG program is one of the longest continuously run programs at HUD. The CDBG program provides annual grants on a formula basis to local and state governments.
Community Development Financial Institutions (CDFI) Fund
CDFI Fund's mission is to expand economic opportunity for underserved people and communities by supporting the growth and capacity of a national network of community development lenders, investors, and financial service providers. Since its creation, the CDFI Fund has awarded over $2 billion to community development organizations and financial institution
HOME Investment Partnerships Program
The HOME Investment Partnerships Program (HOME) provides formula grants to States and localities that communities use - often in partnership with local nonprofit groups - to fund a wide range of activities including building, buying, and/or rehabilitating affordable housing for rent or homeownership or providing direct rental assistance to low-income people. HOME is the largest Federal block grant to state and local governments designed exclusively to create affordable housing for low-income households.
HUD Section 4
Section 4 strengthens the nation’s lower-income rural and urban communities by bolstering non-profit community developers that build and invest there. It is the sole HUD program specifically designed to provide capital and other resources to non-profit CDCs, and is an important, unique and efficient program that leverages significant private capital using minimal federal dollars.
Low Income Housing Tax Credit Program
The Housing Credit is the single most important federal resource available to support the development and rehabilitation of affordable housing, financing about 90 percent of all new affordable housing development.
New Market Tax Credit Program
New Markets incentivizes community development and economic growth through the use of tax credits that attract private investment to distressed communities. New Markets finances commercial, not residential, development
Social Innovation Fund
The Social Innovation Fund is a program of the Corporation for National and Community Service that empowers organizations to identify and support sustainable solutions that are already making a significant impact in transforming communities
New York City and New York State have invested significant resources in support of housing and community development programs. Working alongside local coalitions, we partner with multiple city and state agencies by sharing our expertise and policy recommendations concerning land use, housing programs, tax policy, and small business development. Some of our recent testimony before local and state government can be found here: