Mission Statement
Local Initiatives Support Corporation (LISC) is dedicated to helping nonprofit community development corporations (CDCs) transform distressed neighborhoods into healthy communities of choice and opportunity – good places to work, do business and raise children. LISC mobilizes corporate, government, and philanthropic support to provide CDCs with:
- • loans, grants, and equity investments;
• technical and management assistance; and
• local, statewide, and national policy support
LISC believes that CDCs are the best vehicles to achieve lasting and positive community change for the benefit of low- and moderate-income people. These groups are accountable to local residents and engage in a wide range of physical, economic and human development activities. By providing capital, technical expertise, training and information, LISC supports the development of local leadership and the creation of affordable housing, commercial, industrial and community facilities, businesses and jobs. We help neighbors build communities.
Since 1980, LISC has marshaled more than $5.7 billion from 3,100 investors, lenders, and donors. In over 300 urban and rural communities nationwide, LISC has helped 2,400 CDCs build or rehabilitate more than 147,000 affordable homes and almost 22 million square feet of retail, community, and educational space – totaling almost $13 billion in development. As a result, hundreds of thousands of people have better lives and brighter futures.
