Stories

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3.14.2024 -

LISC + TD Bank: Creating Affordable Housing Opportunities in Upstate South Carolina

A dozen LISC offices work with TD Bank to create affordable housing in communities that need it most. In Upstate South Carolina, where our office opened in 2019, LISC benefits from the leadership of TD Bank’s John F. Verreault III, who chairs the Local Advisory Committee. In a new Q+A, learn why supporting affordable housing is so important to TD Bank, and to Verreault.

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3.13.2024 -

In Recognition of HUD Secretary Marcia L. Fudge

As HUD Secretary Fudge prepares to retire from public service, LISC CEO Michael T. Pugh reflects on her impact and the career-long dedication to creating affordable housing for all.

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3.04.2024 -

Home Ownership is Near for Long-Time Renters on New York City's Lower East Side

Amidst record-high rental rates and limited affordable housing opportunities, some New York City residents are finding hope in the Affordable Neighborhood Co-op Program (ANCP). LISC New York helped the nonprofit Asian Americans for Equality (AAFE) secure $9.6 million in construction financing to renovate three downtown Manhattan buildings and convert them to affordable for-sale housing. Following two years of renovation, existing tenants at East 12th Street are  preparing to purchase shares in their future cooperative building.

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2.08.2024 -

What Three Years of Investment Can Do: Stories from LISC’s Black Economic Development Fund

In recognition of Black History Month, we’d like you to meet four organizations that, through support from LISC and the Black Economic Development Fund, are creating housing, employment and other economic opportunities in the neighborhoods that need them the most.

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1.30.2024 -

Kaiser Permanente + LISC: Addressing Economic Factors That Impact Community Health

A healthy community isn’t just about access to high-quality, reliable health care. Individuals and families also need access to good jobs, opportunities to build wealth, and thriving, locally-owned businesses. Kaiser Permanente understands how economic factors can shape well-being, especially in communities of color that often don’t benefit from regional or national prosperity. Learn how LISC is collaborating with Kaiser Permanente to support locally-driven strategies that spark economic growth in under-invested places.

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1.26.2024 -

National Equity Fund Announces Nearly $2 Billion in Affordable Housing Investments for 2023—a Record

NEF, one of LISC's affiliates, invested a record $1.43 billion in Low Income Housing Tax Credit production, including $70 million in dedicated funding for developers of color, creating or preserving an additional 11,100 affordable homes nationwide.