LISC National
What We Do

Affordable Housing

A safe, affordable home is one of the basic requisites of life—a key to individual health and well-being, and the foundation for sustainable, economically vibrant and diverse neighborhoods.

Housing is where LISC started. And it’s still the cornerstone of our mission, even as our vision has expanded to incorporate strategies to improve education, health, safety, and economic growth in the places where we work. LISC helps make quality, affordable housing available to low-income and vulnerable residents—from seniors to veterans to the formerly homeless—in underserved communities.

To make this all happen, LISC provides grants, loans and equity for nearly every aspect of development, from planning and acquisition to construction and renovation. We offer technical assistance, data, and mapping tools to community-based organizations working to improve the supply and condition of affordable housing in their neighborhoods. And we advocate for good housing policy at all levels of government.

    City Heights, San Diego, Affordable Housing Project
    City Heights, San Diego, Affordable Housing Project


    LISC San Diego offers a variety of flexible lending products designed to help San Diego organizations bring development projects to fruition. Our loans cover every phase of development, from acquisition to working capital and all the steps in between. We are committed to working together with developers to get projects done, whether it entails building affordable housing or a school or launching a retail or commercial venture. 

    Please keep in mind that terms are subject to change and all loans must go through underwriting and credit approval process.


    LISC provides working capital lines of credit and a variety of financing products for the development and/or improvement of buildings occupied by our nonprofit partners in their service provision.

    • Eligible Borrowers: Nonprofit organizations
    • Interest Rate: 6%
    • Product Term:
      • Bridge: 3 years
      • Working Capital: 2 years
      • Predevelopment: 2 years
      • Acquisition: 3 years
      • Construction: 3 years
      • Mini-Perm: 7 years
      • Permanent: 27 years
    • Loan Fees: Up to 1.5% of loan amount plus legal fees


    Ricardo Flores, Executive Director