Expanding opportunities in America’s cities

Local Initiatives Support Corp.

New York, New York
$25,000

Awarded

Awarded:
2019

The national community development and revitalization organization works through 30 local offices in 25 states to assist community-based organizations in accessing financial capital, expertise, and policy support to create affordable housing and commercial activity in the nation’s neighborhoods. This grant will support the creation of a new Transit Oriented Development (TOD) Loan Fund Demonstration Program in the Department of Transportation, which will allow community development financial institutions to access long term debt for affordable housing, community facilities, and other projects near public transit.