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With residents and partners, the Local Initiatives Support Corporation (LISC) forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families. LISC Peoria, established in 2012, is committed to strengthening neighborhoods with targeted and comprehensive investment in Greater Peoria and throughout Central Illinois. LISC provides the investment capital, strategy, and expertise to local partners to get this done.
LISC Peoria is releasing a Request for Proposals (“RFP”) for the 2019 round of Section 4 Capacity Building Program grants. The purpose of the Section 4 Program is to enhance the technical and administrative capacity of community development corporations (“CDCs”) and community housing development organizations (“CHDOs”) to carry out community development and affordable housing activities.
Known for its beginnings financing affordable housing, LISC has expanded its lending portfolio to involve all sorts of real estate transactions over the last 40 years. Now however, LISC is embracing the need for lending products that focus on economic development, or more specifically, small business.
Governing Magazine recently published an investigative series called "Segregated in the Heartland," the result of six months of research and investigation. The article below features interviews with the Mayor of Peoria, the Mayor of Springfield, and our very own Executive Director here at LISC Peoria. This is an excellent read on why LISC works so hard in our disinvested communities - neighborhoods typically ravaged by the impacts of segregation and racism, forgotten by the traditional market.
Springfield residents wanting to improve their or their family’s financial stability while gaining and expanding new job skills can now access a new resource to help them raise their standards of living with the opening of the city’s first Financial Opportunity Center (FOC), located on Cook Street on Springfield’s east side.