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JPMorgan Chase provides $500,000 grant to LISC NYC to expand the New York Land Opportunity Program (NYLOP)

Today, the JPMorgan Chase Foundation announced a $500,000 grant to LISC NYC to expand one of its flagship programs—the New York Land Opportunity Program (NYLOP)— which helps mission-driven organizations develop and preserve affordable housing on their land.

The Wall Street Journal features new LISC NYC program to preserve HUD 202 senior housing

A story in The Wall Street Journal highlights LISC NYC’s assistance to nonprofit owners of very low-income HUD Section 202 senior housing to preserve their buildings. The story also profiles a senior building owned by West Harlem Group Assistance, one of the community partners that is part of LISC NYC’s program, NYLOP 2 ...

From National LISC:

A Model Worth Copying: Joint Ownership Structures for CDCs

In an in-depth article for The Journal of Affordable Housing and Community Development Law, attorneys David Goldstein and Jason Labate offer a case study of the Joint Operating Entity NYC (JOE NYC), which LISC has supported from its inception. The JOE NYC, a consortium of CDCs that have pooled their portfolios and expertise, is a ...