LISC National
Our Priorities

Housing


LISC promotes affordable, equitable housing options in neighborhoods across Philadelphia by providing community partners with the tools, know-how, and capital to get things done.

Communities thrive when safe, quality, affordable housing is readily available. Like many cities across the United States, Philadelphia is experiencing a shortage of affordable housing for lower income individuals and families. Nearly three out of four households pay more than 30% of their income on rent. This means families often make tough choices between paying for food, clothing, utilities, or healthcare and keeping a roof over their heads.

3 out of 4 low-income households pay more than 30% of their income on rent.

LISC works with community partners to preserve and create affordable housing as part of their overall neighborhood revitalization plans.  We work to protect long-term residents from displacement and meet community needs for affordable, equitable, and mixed-use housing options.  Our priority housing activities include home repair, preservation of affordable rental housing, mixed-use development on commercial corridors, and equitable development and workforce housing in gentrifying neighborhoods.  

We offer project-based technical assistance, recoverable grants, financing, and equity to help community partners innovate, solve problems, and build capacity to achieve their housing goals.

We tackle Philadelphia’s affordable housing challenge using a multi-faceted approach:

  • Policy:  LISC partners with community organizations and the City of Philadelphia to advance housing policies and leverage funding to create new or expanded resources, like Philadelphia’s Basic System Repair Program and the Affirmatively Furthering Fair Housing Plan.  
  • Strategy:  LISC leads or supports various housing initiatives, like the neighborhood-based Home Preservation Initiative in West Philadelphia and a city-wide plan to preserve affordable subsidized rental housing.
  • Projects:  LISC provides financing and equity to preserve and build affordable housing.  This includes feasibility and predevelopment; acquisition, construction and permanent financing; and Low Income Housing Tax Credit (LIHTC) equity investments. We also offer one-on-one technical assistance to community partners to help solve problems and build capacity.    

Contact

Carolyn Placke, Program Officer
Email
Stories about Housing

Learn more about the Philadelphia LISC's housing work by reading our stories and recent news.

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