Kids in the Spotlight Office & Studio
LISC provided KITS with a $1.93 million loan to acquire their office and studio space in Van Nuys, CA. The loan supports the long-term stability of the organization through rent replacement strategy and allows them to focus on providing workforce training and social services to youth in and transitioning out of foster care.
Chavez Gardens
LISC provided a predevelopment loan to support a 110-unit housing development that will include units affordable to housolds earning between 30-50% of AMI.
Global Electric
LISC provided an acquisition loan to finance the acquisition of a commercial property for Global Electric.
Predevelopment Line of Credit
LISC provided a predevelopment line of credit to VCH to fund predevelopment expenses associated with affordable housing projects in VCH’s pipeline.
Reimagining Justice: Q&A with Judge Songhai Armstead
Q&A with Judge Songhai Armstead, director of Justice, Care and Opportunities Department (JCOD) which is LA County’s new central agency unifying the County’s efforts to serve vulnerable justice-involved individuals and communities.
Sadie & Sage
LISC provided Sadie & Sage an acquisition loan to purchase a building for its new headquarters.