Our commitment to helping house homeless and at-risk veterans won’t let up until there are no more ex-military men and women living on the streets. It’s hard work, especially in hot, high-cost markets. In honor of Veteran's Day, we're highlighting the creative solutions and partnerships that build supportive housing communities and make it possible for us reach our collective goal.
Denver, CO has just approved a housing subsidy that will make the city’s glut of new, unrented market-rate housing affordable to working families. It’s an unprecedented strategy, created in part by LISC and National Equity Fund, that could begin to close the opportunity gap for Denverites. And it’s already piquing interest in other cities grappling with similar challenges.
This week, when Senator Todd Young (R-IN) announced new legislation for a taskforce that will examine the affordable housing crisis in our country, he did so at a LISC-supported senior housing community in Indianapolis. It represented a strong validation of the importance of closing the housing gap, and of the comprehensive community transformation that LISC leads.
As the National Equity Fund (NEF) turns 30, LISC CEO Maurice Jones and NEF president Joe Hagan take the measure of all that has been accomplished thanks to the Low Income Housing Tax Credit. That includes three million affordable homes since the credit was created in 1986, and 90 percent of all affordable housing being built today. Ensuring that more low-income people can keep a roof over their heads demands safeguarding—and refining—the tools that make affordable homes possible.
LISC has never, in 35 years of work, invested more in the future of low-income communities than it did in 2015. President & CEO Michael Rubinger begins his last year at LISC’s helm with a look at the organization's historic $1.3 billion in support for efforts that help Americans prosper.