LISC, Enterprise Community Partners and the Federal Reserve Bank of New York have published What's Possible: Investing NOW for Prosperous, Sustainable Neighborhoods. With contributions from LISC green and financing experts, the volume is a timely and crucial guidebook to equitable green investing and community development and especially timely on the heels of the historic $20 billion in federal investment to expand access to clean energy and climate solutions.

LISC partner GRID Alternatives has been awarded a $249,800,000 Solar for All grant from the EPA to advance renewable and clean energy sources for affordable housing communities across the country. “The grant is an incredible boon to the movement to decarbonize homes and lower energy costs that burden millions of everyday Americans,” said Michael T. Pugh, president and CEO of LISC.

Manufactured housing, which 20 million Americans call home, is one of the few affordable housing options in the United States. The residents of two Washington State mobile home communities recently succeeded in purchasing their parks with help from ROC USA and over $2 million in financing from Rural LISC. As a result, they have been able to stabilize their housing costs, upgrade their communities and remain in the places they love.

DC’s Tenant Opportunity to Purchase Act granted the 1400 Aspen Street Tenants Association the right to seize their building after a decade long fight. LISC, supplemented by the Department of Housing and Community Development’s Preservation Loan Fund, provided $3.9 million in acquisition financing to the association. Since rising above the COVID-19 pandemic and buyout offers, residents in the building are now settling into their upgraded permanent homes.

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.

A dozen LISC offices work with TD Bank to create affordable housing in communities that need it most. In Upstate South Carolina, where our office opened in 2019, LISC benefits from the leadership of TD Bank’s John F. Verreault III, who chairs the Local Advisory Committee. In a new Q+A, learn why supporting affordable housing is so important to TD Bank, and to Verreault.