Profile picture of Local Initiative Support Corporation

Local Initiative Support Corporation

New York, NY
2 staff members
4 42 Reviews
Company Profile

LISC is the largest community development support organization in the country. We are headquartered in New York with 30 local offices working in metropolitan and rural counties in all 50 States. SINCE 1980: We have invested $17.3 billion leveraging $52 billion in total development. Our investments impact the lives of nearly 7 million low-income Americans. OUR RESULTS: 365,922 affordable homes and apartments 61 million square feet of commercial, retail and community space including: * 213 early childhood centers serving 22,285 children each year * 199 schools financed serving 78,200 students each year * 350 recreational spaces for 584,000 kids * 74 health-related projects * 83 healthy food projects, including grocery stores and farmers markets * 80 Financial Opportunity Centers * plus 100s of other retail, arts and community projects In 1979, when the Ford Foundation first conceived of LISC, it envisioned an “intermediary”—a smart and savvy non-profit that would connect hard-to-tap public and private resources with hard-to-reach communities struggling to revive. The premise was as simple then as it is now: government, foundations and for-profit companies have the capital; residents and local institutions understand the need; and LISC bridges the gap by offering the relationships and expertise to help community organizations attract the kinds of resources that allow them do their best work. While the components of our programming continue to change and evolve, for almost 40 years, our role and our mission have remained consistent. We receive our funding from banks, corporations, foundations and government agencies. We, in turn, use that funding to provide financing (loans, grants and equity) and technical and management assistance to local partners and developers. Through our 30 local offices, a rural program that reaches nearly 1,400 counties, and LISC-founded affiliates and entities, we have made investments in housing, businesses, jobs, education, safety and health in all 50 States of the U.S. WE ARE ON THE GROUND LISC is in more places than any other community development organization. We have staff, expertise and relationships in 30 local offices. We LISTEN LISC engages local leaders and neighbors to plan, set goals and measure progress. We bring local issues to state and national policy leaders. WE INNOVATE LISC tests ground-breaking ideas locally and adapts them nationally for places as diverse as the Mississippi Delta and San Francisco Bay. WE LEVERAGE LISC invests in distressed neighborhoods for maximum impact. Every dollar we invest attracts another $3 in private capital. WE SEE THE BIG PICTURE LISC’s approach is comprehensive. We work on housing, businesses, jobs, education, health and safety in the same place at the same time. WE PERSEVERE Markets go up and down, political winds shift, fads come and go. But LISC stays the course. WE HAVE AN IMPACT Our communities are better places to live, more people have jobs and incomes rise. Mission: What We Do With residents and partners, LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families. Strategies We Pursue Equip talent in underinvested communities with the skills and credentials to compete successfully for quality income and wealth opportunities. Invest in businesses, housing and other community infrastructure to catalyze economic, health, safety and educational mobility for individuals and communities. Strengthen existing alliances while building new collaborations to increase our impact on the progress of people and places. Develop leadership and the capacity of partners to advance our work together Drive local, regional, and national policy and system changes that foster broadly shared prosperity and well-being. Over the last 40 years, LISC and its affiliates have invested approximately $20 billion in businesses, affordable housing, health, educational mobility, community and recreational facilities, public safety, employment and other projects that help to revitalize and stabilize underinvested communities. Headquartered in New York City, LISC’s reach spans the country from East coast to West coast in 36 markets with offices extending from Buffalo to San Francisco.

Company size

201 to 500

Type

Nonprofit Organization

Revenue

$100 to $500 million (USD)

Industry

Social Assistance

Competitors

Unknown

Founded

1979

Company site

http://www.lisc.org

Staff Members
avatar
CEO
0.0
Worked since Saturday, Jun 01 2024
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