The 2018 HDTI Fundamentals Cohort - special thanks to our sponsors CIT/One West Bank!
LISC LA provides expert technical assistance throughout the real estate development process, especially in the early predevelopment phase before site acquisition and financing is secured.
As a lender, LISC LA’s technical assistance role is wrapped into every loan we originate. Many of our projects are technically complex and it is part of our role to assist our community development partners think through challenges and produce viable solutions.
In addition to our role as technical assistance provider during the lending process, the LA LISC also provides trainings and capacity building opportunities to local organizations and practitioners leading projects and programs that help their communities.
Housing Development Training Institute (HDTI)
Since 1988, the California Local Initiatives Support Corporation (LISC) offices have sponsored numerous Housing Development Training Institutes (HDTI) Fundamentals and Advanced HDTI programs. Over 450 people representing 100 community development organizations throughout California are graduates. LISC launched HDTI in response to an unmet educational need for a comprehensive program to develop the project management skills of the staff of community development corporations' (CDCs).
The goals of the HDTI Fundamentals and Advanced programs are:
Increase the development capacity of community-based nonprofit development organizations by providing practical, comprehensive, and intensive skill training in affordable housing development and community development strategies and techniques.
Increase the supply of affordable housing through the program's emphasis on production as part of the learning process. During the duration of the training program, each participant is expected to work on an actual housing development, applying the lessons learned during the workshop and creating a real-life context for the training.
Foster a network of project management professionals who serve as a resource to each other, share information and provide peer support throughout their careers.
Asset Management Training
LA LISC recognizes the need to develop capacity around Asset Management in the field of affordable housing. LA LISC has presented an ongoing training series to help asset managers, managers, property managers, supervisors, and Board members refine their asset management skills. Our first training, a two-day Nuts and Bolts of Asset Management training was an interactive and highly participatory, hands-on workshop focusing on advancing effective management strategies and resources in order to preserve and effectively manage existing PSH and other affordable units that are at risk.
In 2018, we presented a two-part training series to help participants earn their Consortium for Housing and Asset Management (CHAM) Asset Management Specialist Certification.
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In Los Angeles there is a need to develop the talent pipeline for faith-based and small, minority development teams. In this climate, LISC believes building the capacity of the field to both effectively produce and in some cases preserve affordable housing units must be a top priority. Through our initiative we aim to:
- Build the capacity of faith-based leaders and organizations as well as small, minority lead development teams by investing in lead program staff;
- Build the capacity of faith-based leaders and organizations as well as small, minority lead development teams to develop equitable joint ventures that lead to the production of affordable housing; and
- Advance best practices among faith-based leaders and organizations as well as small, minority lead development teams to ensure that organizations develop quality, well-financed and sustainable projects.
Check back or sign up for our newsletter here to get updates on this developing program!
Health & Housing
LA LISC is committed to supporting our partners in identifying sustainable property management strategies and resources for their aging portfolios that preserve quality affordable housing and promote better health outcomes for low-income residents.
LISC's Elevating Equity: Health and Housing Initiative includes actionable policies, programs, and strategies that can be implemented by developers to help improve health determinants for residents and incentivize healthy behavior and opportunities.