JP Morgan Chase is LISC's Featured Donor of the Month!
This year, JP Morgan Chase has awarded LISC a $1 million grant to help thousands of low-income people increase savings, improve credit, and build assets by strengthening the capcaity of nine of LISC's Financial Opportunity Centers.
Building Sustainable Communities with Financial Opportunity Centers (FOCs) - Impact & Results
To understand the value and impact of our Financial Opportunity Centers (FOCs), LISC National recently conducted a nation-wide study on the outcomes of 40,000 low-income clients seeking assistance at LISC-supported FOCs. The published research, called "Integrated Services and Improved Financial Outcomes for Low-Income Households," yielded significant results, indicating just how valuable it is for FOCs to take on a multi-faceted approach with income and wealth building when it comes to assisting our clients with career and personal financial services.
To read about the study, please click on the link below.
LISC & JPMorgan Chase Grants Drive Innovative Affordable Housing in San Diego
LISC is helping expand the amount of good rental housing available to low-income families with grants to two of San Diego’s top nonprofits working to revitalize troubled communities.
City Heights Community Development Corporation (CDC) and Community HousingWorks will split $100,000 in early action funding, having been selected through a competitive process that considered the long-term implications of affordable housing proposals. The grants are unique because they both help get construction and rehab efforts off the ground for particular projects and fund development models that can be replicated by others working to address the city’s growing housing needs.
LISC Lends to Build Sustainable Communities
Continued Commitment to Fund Projets Featuring Sustainability Initiatives
Since the Green Planning Grant Program's inauguration in 2013, LISC has provided green grants to 13 projects in conjunction with another $10 million in LISC financing. LISC's participation in early-stage predevelopment, acquisition and construction financing enables us to provide additional green support at key points in a project's life cycle to generate substantial long-term health, environmental and financial benefits - a true triple bottom line.
With Citi Support, LISC to Provide Affordable Housing Training
The Local Initiatives Support Corporation (LISC), Citi and the Citi Foundation are pleased to announce LISC’s 2014 California Housing Development Training Institute (HDTI) program. Offered in response to California’s affordable housing shortage, the 2014 HDTI will build upon the existing technical capacity and expertise of 38 nonprofit agencies that directly advance the construction or preservation of affordable housing stock in their communities.
Innovative New Funding Lifts Low-Income Families, Attracts Businesses to Disadvantaged San Diego Neighborhoods
A new national funding program is lifting the prospects of some of San Diego’s toughest neighborhoods with new businesses and jobs, better affordable housing and help for families who need to stabilize their financial outlook.
A $3.75 million grant from the Bank of America Charitable Foundation to the Local Initiatives Support Corporation (LISC) will help low-income people transform their struggling cities and rural communities into places that thrive.