In honor of Veterans Day this year, we are highlighting Perry Point Veterans Village, an extraordinary supportive housing community for homeless vets created by HELP USA in tandem with the U.S. Department of Veterans Affairs, NEF and many other dedicated partners. The development was 10 years in the making and involved a veritable high-wire act of aligning bureaucracies and funding sources and overcoming political opposition. The result is worth the struggle: 75 safe, affordable homes for veterans who'd been surviving on the streets and now have a bona fide new lease on life.
For more than 30 years, LISC’s National Equity Fund (NEF) affiliate has been developing innovative solutions to affordable housing challenges. In a Q&A conversation with LISC, new CEO Matt Reilein takes a look at NEF’s unique value proposition, as the company looks to build on its record $1.2 billion in investments from 2018.
From the unprecedented $1.5 billion we invested last year in people and communities across the country, to our burgeoning collaborations with sectors ranging from tech and healthcare to sports and local government, the LISC 2018 Annual Report is chock full of good news, good numbers, and good ideas. These resources and strategies propel us on our journey to shape a brighter future for all our nation's residents. And that, in a nutshell, is the heart of LISC's mission. Read on!Read Our Report
National Equity Fund (NEF), LISC’s affiliate and one of the leading syndicators of Low-Income Housing Tax Credits (LIHTC) in the country, has named Matthew Reilein as president and CEO. Reilein, brings a career’s-worth of experience driving capital into low-income communities and most recently served as managing director of Cresset Partners, where he oversaw community development and opportunity zones initiatives. He succeeds Joseph S. Hagen, who is retiring after 19 years at NEF’s helm.
In honor of Veterans Day, we are sharing the story of Gerald Hurt, a formerly homeless veteran who recently moved into a new supportive housing community in Danville, Illinois. Together with the National Equity Fund and Bring them HOMES, LISC is working to make sure every veteran has the home he or she needs.