Because we're committed to communities.
Opportunity Zones have the potential to direct vast amounts of capital to communities, but there are risks and challenges in ensuring that they do so in a way that benefits residents. LISC is in the Opportunity Zone space because we want to help shape the conversation and direct OZ resources so that communities truly benefit.
Together with our affiliates, we boast a substantial pipeline of projects in the Opportunity Zones that are ready and waiting for investment. We have designed an Impact Framework to help ensure development is in line with community desires and needs.
Our experience and partnerships are extensive. LISC is a veteran of fund management—we currently oversee funds totaling $460 million. We also have extensive experience with capital financing for large-scale development projects, including affordable housing and economic development projects.
In fact, LISC has supported more than 700 projects in places now designated as Opportunity Zones, ranging from affordable housing to retail, manufacturing and commercial buildings to community facilities.
For more information on these products and services, contact our Opportunity Zones team.