Project Financing
San Diego LISC
provides loan products for a wide range of community development initiatives,
including, but not limited to, affordable housing, commercial development,
educational facilities, child care centers, community facilities and more. Loans
LISC provides loans to help CDCs and other partners undertake community projects that revitalize their neighborhoods. Community projects typically include:
- For-sale and rental affordable housing,
- Community facilities (child care centers, schools, health care facilities, recreational facilities),
- Economic development projects, including industrial, office and retail space.
LISC offers competitive financing during all stages of the real estate development process – predevelopment, property acquisition, construction, and permanent. We seek to strike the right balance between taking risks consistent with our role as a charitable lender, and recovering our capital so we can make funds available to future projects. LISC provides loans at flexible and often below-market rate terms for predevelopment, acquisition, construction or mini-permanent financing.
General information regarding LISC loan terms can be found 
here.
Equity Investments
Through its affiliates, LISC provides equity investments for projects that support community revitalization efforts including affordable housing, commercial and retail buildings, and arts and community space.
The National Equity Fund, Inc. (NEF): NEF is the nation's largest nonprofit syndicator of federal low-income housing tax credits. In collaboration with CDCs and community-focused investors, NEF has provided more than $5 billion in equity to help fund the development of more than 75,000 affordable homes nationwide.
The New Markets Support Company (NMSC): NMSC allocates federal New Markets Tax Credit awards from the CDFI Fund to eligible community economic development projects, thereby attracting private capital in return for federal tax credits and providing these projects with financing on more favorable terms. NMSC will use tax credits to support a broad array of real estate projects including shopping centers, retail space, office space, arts and museum space, brownfield redevelopment, and educational and community facilities.
Please contact our office if you have any questions concerning the financing products that we offer.