Economic Development
LISC Toledo’s economic development initiatives boost the health of neighborhoods by investing in the physical and social assets of a community's business districts.
To make this happen, we support programs and invest in projects that cultivate entrepreneurship, attract new businesses, promote creative placemaking, diversify the local retail mix, and stimulate employment.
In 2021, LISC Toledo invested over
$11.2 million
in loans and grants in Toledo
It's the kind of development that grows local job opportunities and incomes, and brings goods and services to places where they're needed. These changes, in turn, ripple outward, beyond individual neighborhoods, improving the landscape for industry and employment, bolstering cities’ tax revenues and stimulating regional economies.
Scheduled for completion in late 2021, the mixed-use redevelopment of the former Wonder Bread factory on Summit Street is being partially funded through $4.7 million in loans through LISC.
What we offer
- Technical assistance to help a spectrum of community stakeholders and investors revive neighborhood commercial districts.
- Market research, using local and national data that highlights investment potential and market readiness.
- Assessments that include on-the-ground surveys and collaboration to help clients develop strategies and action plans to improve commercial areas.
