NEF, one of LISC's affiliates, invested a record $1.43 billion in Low Income Housing Tax Credit production, including $70 million in dedicated funding for developers of color, creating or preserving an additional 11,100 affordable homes nationwide.

Despite continued economic and market headwinds, LISC"s affiliate NEF invested over $1.2 billion in Low-Income Housing Tax Credit (LIHTC) investments and nearly $900 million to preserve existing affordable housing throughout 2022, resulting in nearly 15,500 affordable homes nationwide.

What a way to celebrate a birthday: National Equity Fund (NEF), LISC’s Low Income Housing Tax Credit syndication subsidiary, turns 35 this month, just as they announce a record-breaking $2.2 billion in affordable housing investments for 2021.That includes $1.23 billion in LIHTC investments and $930 million in preservation loans to improve existing homes—all adding up to nearly 13,600 new and refurbished units. And that in the midst of a pandemic.

Susan Fitter Harris

LISC is working with local government in several cities to create and implement more comprehensive and innovative affordable housing strategies.

If you wanted good news in 2016, you didn’t have to go any further than LISC’s new stories page. From January, when we announced $1.3 Billion of investments in our nation’s most vulnerable communities, to November’s #LISCLeads conference in Houston, we found stories of resilience and growth from throughout the country. As you sit back with a cup of cocoa (or something stronger) this holiday season, enjoy our most popular stories from this year.