The Six, developed by Skid Row Housing Trust, is a 52-unit affordable housing project for chronically homeless veterans and people with special needs in the Westlake/MacArthur Park neighborhood (photo credit: Tara Wujcik)
LISC invests to develop and preserve affordable housing and support local organizations that make home accessible to low-income Americans across the country.
A safe, affordable home is one of the basic requisites of life—a key to individual health and wellbeing, and the foundation for sustainable, economically vibrant and diverse neighborhoods.
Affordable housing has benefits that extend beyond the walls of a home to the community at large. It boosts spending and employment in the surrounding economy, brings revenue into local governments and reduces the likelihood of foreclosure.
affordable homes and apartments
Since our inception, affordable housing preservation and development has been at the core of our work. LISC LA has leveraged $2.1 billion and deployed $855 million in grants and loans to support the development of over 10,000 affordable housing units and 1.9 million square feet of commercial space across the greater Los Angeles region, stabilizing both individual families and whole communities.
The LA LISC office provides financial products, trainings, and capacity building to local organizations leading projects and programs that help their communities.
- Our loans have financed affordable housing, supermarkets, schools, health centers and other vital community projects. Learn more about our loan products.
- Since 1988, the California Local Initiative Support Corporation offices have offered basic and advanced modules of Housing Development Training Institute (HDTI), which focuses on key development stages and financial issues of affordable housing development.
- We provide capacity-building grants to fund organizations in support of housing, economic development, commercial corridor initiatives, small business technical assistance, and preservation of cultural vitality.