News
LISC and Coalition Partners Awarded $2 Billion via National Clean Investment Fund
LISC is one of five organizations leading Power Forward Communities, a new coalition investing in green housing and jobs to support economic opportunity and climate resilience. Today, the EPA awarded the coalition $2 billion to implement a decarbonization strategy that also lifts up under-resourced communities—making housing more affordable, mitigating climate impacts and improving local health.
Release: LISC NY Supported Projects to Add Nearly 300 Affordable Homes, Expand Access to Health Care, Arts, and Quality Food Across New York State
LISC NY is proud to announce the successful closings of four loans supporting projects that will contribute to the development and revitalization of communities across New York State. Totaling nearly $16.2 million, the loans are directed to projects in underinvested communities that will add nearly 300 affordable homes and improve access to healthcare and fresh and affordable food, boosting the quality of life and creating jobs.
Release: LISC NY, MURAL Real Estate Partners Close on Deal to Add More Than 230 Affordable Homes - Jamaica, Queens
LISC NY and MURAL Real Estate Partners recently announced the successful closing of a $24.7 million loan that will contribute to the development and revitalization of a bustling neighborhood of Jamaica in Queens, NY.
QNS: Deal Closed to Add 230 Affordable Housing Units to Hillside Avenue in Jamaica
LISC NY has partnered with MURAL Real Estate Partners, a privately owned real estate company, to develop approximately 230 units of affordable housing on Hillside Avenue in Jamaica, Queens. “This investment into this vibrant and culturally rich section of Jamaica represents yet another opportunity to improve the lives of underserved New Yorkers and revitalize an underrepresented community,” says LISC NY Senior Executive Director Valerie D. White.
About Us
LISC NY supports local partners across New York State whose services and programs aim to create a more equitable, inclusive, and sustainable New York. We believe that the time has come to forge a future for New York that eradicates the racial wealth gap for good, protects affordable housing, and builds pathways of meaningful economic opportunity for all New Yorkers.
Visit our Who We Are page to learn more about our investment strategy and our three-pillar approach.