Stories
LISC and Coalition Partners Awarded $2 Billion via National Clean Investment Fund
LISC is one of five organizations leading Power Forward Communities, a new coalition investing in green housing and jobs to support economic opportunity and climate resilience. Today, the EPA awarded the coalition $2 billion to implement a decarbonization strategy that also lifts up under-resourced communities—making housing more affordable, mitiga [...]
EPA Awards GRID Alternatives Solar for All Grant
LISC partner GRID Alternatives has been awarded a $249,800,000 Solar for All grant from the EPA to advance renewable and clean energy sources for affordable housing communities across the country. “The grant is an incredible boon to the movement to decarbonize homes and lower energy costs that burden millions of everyday Americans,” said Michael T. Pugh, president and CEO of LISC.
Mobile Home Residents in Washington State Are Calling the Shots After Buying Their Park
Manufactured housing, which 20 million Americans call home, is one of the few affordable housing options in the United States. The residents of two Washington State mobile home communities recently succeeded in purchasing their parks with help from ROC USA and over $2 million in financing from Rural LISC. As a result, they have been able to stabilize their housing costs, upgrade their communities and remain in the places they love.
DC Co-Op Residents Are Reaping the Benefits of Ownership Amid Neighborhood Development
DC’s Tenant Opportunity to Purchase Act granted the 1400 Aspen Street Tenants Association the right to seize their building after a decade long fight. LISC, supplemented by the Department of Housing and Community Development’s Preservation Loan Fund, provided $3.9 million in acquisition financing to the association. Since rising above the COVID-19 pandemic and buyout offers, residents in the building are now settling into their upgraded permanent homes.
LISC + TD Bank: Creating Affordable Housing Opportunities in Upstate South Carolina
A dozen LISC offices work with TD Bank to create affordable housing in communities that need it most. In Upstate South Carolina, where our office opened in 2019, LISC benefits from the leadership of TD Bank’s John F. Verreault III, who chairs the Local Advisory Committee. In a new Q+A, learn why supporting affordable housing is so important to TD Bank, and to Verreault.
In Recognition of HUD Secretary Marcia L. Fudge
As HUD Secretary Fudge prepares to retire from public service, LISC CEO Michael T. Pugh reflects on her impact and the career-long dedication to creating affordable housing for all.
Strong Support for Communities in the 2024 State of the Union
LISC’s Matt Josephs reflects on this year’s State of the Union speech, taking particular note of the president’s comments about affordable housing, child care, climate solutions and community safety. "Taken as a whole, the speech offered a strong and hopeful statement of purpose,” Josephs said, adding that it will take sustained leadership at all levels "to translate promising ideas into on-the-ground progress for families and communities.”