Stories
Strong Support for Communities in the 2024 State of the Union
LISC’s Matt Josephs reflects on this year’s State of the Union speech, taking particular note of the president’s comments about affordable housing, child care, climate solutions and community safety. "Taken as a whole, the speech offered a strong and hopeful statement of purpose,” Josephs said, adding that it will take sustained leadership at all l [...]
How Expanding Access to ARPA Has Expanded Access to Child Care
To support the struggling child care sector during and after the pandemic, Congress dedicated billions in child care relief funding under the American Rescue Plan Act (ARPA). The LISC Child Care and Early Learning team explores how minor but important changes in the administration of ARPA funding directed to child care programs can streamline deployment and make federal fund distribution more equitable.
Op-ed: Congress Can Help Make Housing Affordable — It Just Has to Act
The country needs a renewed commitment to affordable housing production programs, including expansion of the Low Income Housing Tax Credit and enactment of the Neighborhood Homes Investment Act, argue LISC board chair Robert E. Rubin and former U.S. senator Rob Portman in a joint op-ed in The Hill. "Fixing the chronic shortage of affordable and available housing for low-income renters and first-time homebuyers requires immediate intervention and long-term commitment,” they stress.
What Happens When Equity Is the Goal of Transportation Planning
In an article in GovTech magazine, Madeline Frasier Cook, LISC’s vice president for community building and resilient solutions, discusses how community members must be part of public transit planning, and all facets of community life taken into account. Policy makers and local leaders promoting transit-oriented development should be “very explicit about investment in affordable housing, and calling out that [there has to be] access for everyone. They can’t be displacing people.”
New Research Shows What Community Development Organizations Need Most: Support to Grow Their Organizational Capacity
Recent research highlights the importance and needs of nonprofit community development organizations. LISC’s Mark Kudlowitz examines how this data informs our work and the need for additional resources to support these groups’ abilities to help communities across the country.
Federal Programs in Action: How Funding Fuels Social and Economic Gains
In a new blog, LISC’s Matt Josephs connects the dots from community development policy discussions to actual funding streams, highlighting positive local outcomes that would not otherwise move forward. "It would be nearly impossible to unlock the tens of billions of dollars of private financing needed each year to scale up progress without strong federal support,” he writes. "We are grateful for the confidence federal agencies have shown in LISC and others in the community development finance field…"
House Members Introduce Neighborhood Homes Investment Act to Expand Affordable Homeownership, Revitalize Communities
The Neighborhood Homes Investment Act, introduced in the House today and in the Senate earlier this year, would create a new tax incentive to fuel development of 500,000 affordable homes in under-resourced communities. “This legislation is the first step in mitigating the devastating impact that the [housing] crisis...has had on first-time and minority home buyers across the country, especially those in marginalized communities,” said Matt Josephs, LISC’s senior vice president for policy.