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LISC Philadelphia is one of 35 local offices of Local Initiatives Support Corporation (LISC), a national nonprofit community development organization and CDFI. Overall, LISC has invested $18.6 billion in neighborhoods and rural communities across the United States.
In Philadelphia, LISC is a champion for equitable community change-working alongside partners to enhance neighborhoods and improve the lives of residents. We leverage corporate, government, and philanthropic resources and have invested $435 million (and leveraged $1.5 billion) in Philadelphia's neighborhoods to build or preserve 8,500 affordable homes and develop 2.3 million square feet of retail, community and educational space.
On Wednesday, October 2, Local Initiatives Support Corp (LISC) will welcome more than 300 national colleagues to Philadelphia for their bi-annual National Staff Meeting. Mayor Jim Kenney, along with a bevy of elected officials, philanthropic leaders and VIP partners, will kick off the conference with a celebratory VIP Reception at the Loews Hotel, followed by a larger gathering at Reading Terminal. This marks the second time in 40 years that the LISC national meeting will be held in Philadelphia.
Housing equity is an increasing concern for Philadelphia. Local Initiatives Support Corporation (LISC), and its equity partner, National Equity Fund (NEF), are committed to seeing publicly assisted multifamily housing preserved. In an effort to proactively combat the effects of displacement, LISC & NEF hosted a two day "Nuts & Bolts" of Asset Management Training.
Governor Wolf named 211 housing and community development initiatives in 67 counties that will share a portion of the total $51.2 million from Pennsylvania Housing Finance Agency's PHARE funding for fiscal year 2018-19; including $200K for LISC Philadelphia's Home Preservation Initiative.
The NFL Foundation Grassroots Program is a partnership of the National Football League Foundation, which provides funding for the Program, and Local Initiatives Support Corporation (LISC), which provides technical assistance and manages the Program. The goal of the Program is to provide non-profit, neighborhood-based organizations with financial and technical assistance to improve the quality, safety, and accessibility of local football fields. The NFL Foundation Grassroots Program provides grants of up to $250,000 for capital improvement projects. Proposals are due August 30, 2019
With a $1.5M grant from the William Penn Foundation, LISC will partner with the Strawberry Mansion Community Development Corporation in piloting a historic home repair program supporting preservation throughout the neighborhood.
KIPP Cooper Norcross Academy celebrated the opening of a new turf field at its Lanning Square campus in Camden, New Jersey. Teachers, students, parents, community leaders, and NFL Foundation representatives gathered for a ribbon cutting at the new athletic field, which was installed thanks to a $250,000 grant from the Philadelphia Eagles through the National Football League Foundation Grassroots Program, Local Initiatives Support Corporation and a $250,000 matching grant from The Cooper Foundation.