Educational Facilities Financing Center
Increasing access to quality education is one of the five key components of LISC's Building Sustainable Communities, a comprehensive strategy guided by the premise that people, not just places, must prosper. Access to high quality public education sets the foundation for a healthy neighborhood. Yet, building and rehabilitating existing buildings is one of the largest hurdles for new and existing public charter schools.
Across the United States, the names of 1 million children are on charter school waiting lists—children whose families are hoping to access quality education in low-income neighborhoods where there are few options. LISC has worked to provide more than $265 million in loans, tax credit allocations, guarantees and grants to finance charter school facilities in low-income neighborhoods.
The Local Initiatives Support Corporation has invested in education via its Educational Facilities Financing Center and its local program offices since 1997.
Our Vision & Mission
The vision of LISC EFFC is to ensure access to quality education for low-income communities in order to prepare students for college, career and life—enabling them to break the multi-generational cycle of poverty. To accomplish this vision, LISC has a three-pronged approach:
Vice President, Education Programs: Reena Abraham