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Welcome to LISC Rhode Island

LISC Rhode Island works with community members and local leaders to invest funding and "know how" in affordable housing, child care facilities, health, education, public safety and workforce development – all basic needs that must be tackled together so that progress is made for all residents. In 2024, our team invested $127 million and delivered 6,003 hours of technical assistance to 229 of our partners.

By working with residents and partners, we turn local vision into lasting change — and prove that real progress starts with the communities we serve.

Latest News

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From National LISC:
9.23.2025 -

How LISC & the Healthcare Anchor Network Members Are Promoting Community Resiliency: Affordable Housing

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Collaborations between LISC and Health Anchor Network (HAN) members have helped channel critical capital into affordable housing and community development. Over seven years, HAN members have deployed $107 million through LISC to finance innovative housing projects, preserve affordability, and expand economic opportunity, supporting families and communities across the US to become healthier, more resilient, and thrive.

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9.16.2025 - ,

LISC Invests $16.1M in Millrace District

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The Millrace District Apartments will rehabilitate 3 vacant, historical mill buildings to provide 70 new units of housing in Woonsocket. LISC leaned heavily into this critical project and invested more than $16.1M to ensure its success.

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9.12.2025 -

LISC Invests $634,000 in Permanent Supportive Housing

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LISC's early investment of more than $600k for predevelopment financing has paved the way for a new innovative solution for people experiencing homelessness in West Warwick, RI. The project has even won awards from the American Planning Association.

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Local Initiatives Support Corporation (LISC) delivers capital, strategy, and specialized technical assistance to partners to help communities become places where people can thrive.  

In 2024, LISC delivered
6,003 Hours
of Technical Assistance to 229 groups
Awarded
$5.5 M
in Grants
Invested
$127 M
in Affordable Housing and Community Space
This leveraged
$216 M
in Rhode Island
Since 1991, LISC has invested
$683 M
Leading to $2.2 B in total development