Products & Services

Investment Companies

The work of rebuilding neighborhoods—creating affordable housing, renovating a retail corridor or constructing a new school, recreation center or office building—doesn’t happen without financing. And just as with for-profit ventures, nonprofit development requires significant capital. But community development projects in disinvested neighborhoods have a much harder time attracting capital investment. To help get funding into the places that need it most, LISC helped form several investmetn companies.

$20 billion
total equity invested

Investment Companies

Our affiliates LISC Fund Management, National Equity Fund, and Broadstreet Impact Services bridge the gap between investors and projects in under-invested communities.

LISC also provided initial capitalization to the Community Development Trust, the first real estate investment trust fund specializing in affordable housing.

Learn more below:

LISC Fund Management

1825 K Street NW, Suite 1100
Washington, DC 20006

Visit LFM

LISC Fund Management, LLC, manages and deploys impact capital into businesses and real estate investments in underinvested communities across the country. LFM works with impact-focused investors from corporations to philanthropy to government, helping them to maximize their impact while achieving financial returns.

National Equity Fund, Inc.

$12.4 billion invested in housing since 1987

10 S. Riverside Plaza, Ste 1700
Chicago, IL 60606

Visit NEF

The National Equity Fund® (NEF) is a nonprofit, Chicago-based affiliate of LISC and a leading syndicator of Low Income Housing Tax Credits. NEF helps bridge the gap between investors and nonprofit developers. Syndicators like NEF raise money from investors and identify low-income housing projects in which to invest that capital. NEF is focused on building long-term relationships with partners and investing in quality affordable housing projects that raise the standard of living in underserved communities.

Broadstreet Impact Services

$1 billion invested for economic development

609 W. Randolph, Suite 200
Chicago, IL 60661

Visit Broadstreet

Broadstreet Impact Services (formerly New Markets Support Company) is a wholly-owned subsidiary of LISC that invests and helps our partners invest in creative financing solutions to empower underinvested communities across the country. Broadstreet works to increase access to capital by tailoring our products and services to meet the needs of our clients and community partners, recognizing that every community has unique strengths and needs, as does every investment we help make in partnership with our clients.

Broadstreet has invested more than $1 billion in underesrved communities, financing health centers, job training facilities, small businesses creating quality jobs, and more. We have also helped partners make over $600 million of impactful investments through our Partner Services offerings.

Community Development Trust

1350 Broadway, Suite 700
New York, NY 10018-7702

Visit CDT

The Community Development Trust (CDT) is the country's first private real estate investment trust with a public purpose and occupies a unique position to preserve and expand the supply of affordable housing while earning attractive returns for shareholders. Created in 1998 with an initial capital investment from LISC, CDT operates much like a mutual fund, combining the capital of institutional investors to acquire or provide financing for affordable housing. Through its debt and equity programs, CDT makes long-term equity investments and originates or purchases long-term, fixed-rate multi-family mortgages to preserve affordability. CDT is not an affiliate of LISC.