Lending

Lending at a Glance


2013 Q1 2014
total committed $107,043,819 $29,316,863
affordable homes & apartments 3,540 1,982
sq. feet of community facility space 511,211 40,000
sq. feet of commercial / industrial space 391,917 135,793
number of states 21 10
number of actions* 156 40


* Includes approvals for loans, lines of credit, guarantees, amendments and revolving disbursements above approval amount

Loans

LISC is a Community Development Financial Institution (CDFI) that offers financing during all stages of projects, from predevelopment to permanent financing, across a wide variety of community development project types, from large affordable housing projects to small business loans. 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. For information on LISC’s products and project types, download the descriptions below. Individual LISC offices and programs may offer additional products for their particular markets. To learn more, visit Where We Work.

For additional information, download:


LISC Lending Products LISC Lending Projects


> For more industry information and events, see LISC's Institute for Comprehensive Community Development calendar.

Investment Highlights

Providing financing for real estate projects in low-income communities is one of LISC's core activities. Below are featured project investments:

Neighborhood Services Organization, Detroit, MI

Architect: Fusco, Shaffer & Pappas, Inc.
Photographer: Christopher Lark, Inc.

LISC Financing: $2.9 million

For the past 50 years, Neighborhood Service Organization (NSO) has offered a variety of services to adults with mental illness, homeless individuals and youths with developmental disabilities living in Michigan’s Wayne and Oakland Counties. When the once iconic Bell Building on Detroit’s west side fell into disrepair, NSO seized the opportunity to acquire this centrally located landmark to help serve and revitalize the Oakman East neighborhood. Learn More

Guadalupe Center, Inc., Kansas City, MO

LISC Financing: $4 million

In 1919, a Catholic women’s club established a volunteer school and clinic for Mexican immigrants who had fled the hardships caused by the Mexican Revolution and settled in the Westside neighborhood of Kansas City, Missouri. Named after the patron saint of Mexico, the organization later became Guadalupe Center, Inc. (GCI), a non-sectarian, nonprofit organization committed to improving the quality of life for families within the Latino communities in greater Kansas City. Learn More

San Diego Square, San Diego, CA

LISC Financing: $7.9 million loan with participants

To spur the development and preservation of affordable housing, LISC joined forces with the State of California and six other Community Development Financial Institutions (CDFIs) to create the Golden State Acquisition Fund (GSAF). GSAF was seeded with $23 million from the California Department of Housing and Community Development (HCD) that serves as a 25% top-loss for GSAF loans. Learn More

Additional Links

> Lending Project Highlights

> LISC's Projects and Postcards

CONTACT INFORMATION
Elise Balboni

Senior Vice President: Elise Balboni

Email

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