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LISC provided a $1.2 million business loan to enable nonprofit First Step Staffing to acquire a Philadelphia staffing firm. In Philadelphia, FSS will provide 750 jobs and supportive services to homeless, returning citizens, and veterans looking to reenter the workforce. LISC’s loan is part of a total of $4.85 million in CDFI ...
On October 13th, Esperanza broke ground on the adaptive re-use of Roberto Clemente Middle School, which will become a mixed-use building with 38 affordable apartments. Philadelphia LISC provided Esperanza with a bridge loan to make the project happen.
LISC is announcing recoverable grants for predevelopment activities associated with the following affordable housing preservation and mixed-use development projects.