Policymakers and researchers generally agree that the most effective approaches to neighborhood stabilization are those keyed to market conditions. But despite this agreement, there are few tools available to do this kind of market diagnosis. To help remedy this deficit, LISC researchers have constructed a prototype index of market strength. This index holds considerable promise as a single and transparent market indicator that draws on Home Mortgage Disclosure Act (HMDA) data, which are readily-obtainable and available at the neighborhood level. The index is comprised of separate indicators of mortgage transaction velocity for owner-occupants and investors, the percent of purchases by owners, the percentage of high cost loans, and median value of all neighborhoods‟ mortgages relative to those in all low-income neighborhoods area-wide.
Financial Opportunity Centers offer integrated employment, financial, and income support services to low-income individuals. Multiple studies have documented the effectiveness of this program approach in terms of ultimate outcomes for participants, but less attention has been paid to patterns of service delivery and outcome attainment over the course of program participation. This report walks through the elements of an FOC participant's program pathway, considering pathways in terms of four program elements: timing, composition, intensity, and sequence of services received.
An independent study has found that Financial Opportunity Center clients, who access a range of services, have more success meeting their financial goals than people in programs offering employment assistance alone. Their gains include landing and keeping a job, growing credit and increasing annual earnings. The research findings will help LISC refine and propel its financial stability work on behalf of low-income Americans.
The NFL Foundation Grassroots Program is a partnership of the National Football League Foundation (NFL Foundation) and the Local Initiatives Support Corporation (LISC) to provide non-profit, neighborhood-based organizations, middle schools and high schools with financing and technical assistance to improve the quality, safety, and accessibility of local football fields.Download PDF
A new study from the EconomicMobility Corporation shows that LISC’s Financial Opportunity Centers are uniquely successful in getting clients on the path to stability.View/Download PDF