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Housing equity is an increasing concern for Philadelphia. Local Initiatives Support Corporation (LISC), and its equity partner, National Equity Fund (NEF), are committed to seeing publicly assisted multifamily housing preserved. In an effort to proactively combat the effects of displacement, LISC & NEF hosted a two day "Nuts & Bolts" of Asset Management Training.
Governor Wolf named 211 housing and community development initiatives in 67 counties that will share a portion of the total $51.2 million from Pennsylvania Housing Finance Agency's PHARE funding for fiscal year 2018-19; including $200K for LISC Philadelphia's Home Preservation Initiative.
With a $1.5M grant from the William Penn Foundation, LISC will partner with the Strawberry Mansion Community Development Corporation in piloting a historic home repair program supporting preservation throughout the neighborhood.