- About Us
- What We Do
How do you prevent homelessness? You invest in people by providing them the tools they need to obtain a living wage job and to achieve financial stability. The Annenberg Foundation knows that social problems are growing more complex and, as a result, require new, innovative approaches through collective action by a cross-section of stakeholders, rather than isolated efforts by single organizations. That is why Annenberg is in support of the LISC LA's study proven Financial Opportunity Center (FOC) model that involves a network of organizations working together to help put people on the path to financial stability.
Funds, crowdfunding and DPOs are creative financing solutions that legacy businesses can utilize in the face of gentrification. Owner of With Love Market, Andrew McDowell, stated, “in order to preserve socially significant businesses in changing and/or under-resourced neighborhoods, communities must become organized and creative with crowd investment and funding. This will be imperative for business owners’ financial viability amidst the inevitable social challenges.”
We explore how communities of color can use creative placemaking as a means to anchor their presence, honor their history, and provide opportunities for economic development.
Affordable housing and job placement services are critical for veterans as they face a challenging civilian job market, especially since over 26,000 veterans in LA County are living in poverty. This is why the Cesar Chavez Foundation and New Directions for Veterans (NDVets) worked together to develop Ybarra Village, the new community developed specifically for those who served our country and seniors. The property is expected to begin occupancy early December and be fully leased by the end of this month.
Community-ownership of business, land, and home is an important preservation strategy for at-risk communities. As one panelist at the "Preserving Cultural Neighborhood Gems: A Series of Case Studies” convening noted, “until you own it, you do not control it.” Without direct control, gentrifying neighborhoods across the U.S. are losing the ability to hold onto their community and its assets. But community-ownership is not just a preservation strategy, it is also an equitable wealth-building strategy.
"The HDTI program has expanded my knowledge as a project manager and provided a priceless network of leaders and visionaries in affordable development – I am proud to be an alum," Erica Freeman, Junior Project Manager of West Angeles Community Development Corporation, speaks on her experience in the LISC Housing Development Training Institute
Norma D. Dominguez is the Vice President and Relationship Manager of Community Lending and Investment at Wells Fargo Bank. She is active in her community. Not only is she on the LAC for LISC LA, she also serves on the board of A Community of Friends and is the former president of the board of directors for Chicano Latino Youth Leadership Project. We recently sat down with her to learn more about her passion for community development work.
The Local Initiatives Support Corporation is one of the largest organizations in the country supporting projects to revitalize low-income communities. This comprehensive approach includes more affordable housing, better schools, safer streets, growing businesses and programs improving financial stability.
LA LISC brings together key local partners, community leaders, and decision-makers to take on pressing challenges, incubate innovative solutions, and develop smarter public policies. Our organization leverages its extensive toolkit of loans, grants, equity investments, and local expertise to enact meaningful change for Los Angeles' moderate - and low-income communities of color.