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Philadelphia LISC is one of 31 local offices of Local Initiatives Support Corporation (LISC), a national nonprofit community development organization and CDFI. Overall, LISC has invested $17.3 billion in neighborhoods and rural communities across the United States.
In Philadelphia, LISC is a catalyst for community change, working with partners on the ground to strengthen neighborhoods and improve the lives of residents. We combine corporate, government, and philanthropic resources and have invested more than $400 million (and leveraged $1.4 billion) in Philadelphia's neighborhoods to build or preserve more than 8,150 affordable homes and to develop more than 2 million square feet of retail, community and educational space since 1980. Our goal is to create neighborhoods of choice and opportunity, where every resident has a chance to thrive.
Philadelphia LISC is pleased to showcase our community partners and their unique, diverse neighborhood commercial corridors. Creating vibrant, safe places to shop, dine, and play is essential to community development. Check them out and plan your visit!
1199C Training Fund’s new Financial Opportunity Center or FOC, which opened on February 25th, is Philadelphia’s fourth, made possible through a partnership with LISC. LISC is supporting the new FOC as part of its Bridges to Career Opportunities program and will train people to enter healthcare career pathways that pay a living wage, investing in local talent by strengthening transferrable skills and providing credentials.
What happens when you find and elevate creative talent in a neighborhood? On Saturday, October 22nd, local artists showcased their work at the Hecho en Philly Norris Square Craft Market. The event was organized with support from Philadelphia LISC's Creative Placemaking program.
LISC's partners Impact, NKCDC, and Scattergood Foundation wrote this letter to the Inquirer, praising their recent articles touting the amazing work the librarians at McPherson Square do every day, but decrying the publication for describing McPherson as Needle Park and calling the neighborhood a “hellscape.” Such language, they write, perpetuates a story about Kensington that reduces everyone there to victims or criminals, further instilling a sense of hopelessness.
As the National Equity Fund (NEF) turns 30, LISC CEO Maurice Jones and NEF president Joe Hagan take the measure of all that has been accomplished thanks to the Low Income Housing Tax Credit. That includes three million affordable homes since the credit was created in 1986, and 90 percent of all affordable housing being built today. Ensuring that more low-income people can keep a roof over their heads demands safeguarding—and refining—the tools that make affordable homes possible.
In May, a dozen young people, perched atop iconic, blue Indego two-wheelers, pedaled en mass on a two-mile loop around West Philadelphia. The ride kicked off a new partnership between Indego, the city’s bike share initiative, and the Community Connectors of West Philly’s People’s Emergency Center CDC (PEC CDC).