Community Facilities
Community facilities are a part of the backbone of healthy neighborhoods, just as affordable housing, businesses, and jobs are. Nationally, LISC finances facilities that range from new clinics in healthcare deserts, sports facilities to spur youth engagement, and charter schools that offer new opportunities for children. LISC provides predevelopment financing to help plan for new efforts, while investing equity and debt to get projects off the ground.
Our goal is to transform and strengthen neighborhoods by helping local nonprofits meet the need for high quality community services and facilities.
We make loans to community partners for transformational projects that advance neighborhoods, creating choice and opportunity. We offer financing during all stages of real estate development projects — predevelopment, property acquisition, construction, and permanent financing. Our financing is flexible and can be customized to support many types of projects and programs. We work closely with our borrowers to find creative lending solutions that meet the needs of projects and create a positive, long-lasting impact on the community.
Our recent efforts include:
The So Others Might Eat Conway Center
SOME has been one of LISC’s key partners for over a decade, and we joined forces with them during the early stages of the Conway Center’s development. Early on, both LISC and SOME were considering the idea of co-locating affordable housing with health and social services. The Conway Center opened in 2018, and combines comprehensive health care, intensive job training, and supportive housing under one roof. LISC and its affiliates invested more than $30 million in the 200+ units of housing and services. Click here to download a fact sheet about the Conway Center.
The Commons at Stanton Square
This is a collaborative project between the Horning Family Fund, Horning Brothers, and two long-time LISC partners, Martha’s Table and Community of Hope. The Commons provides early childhood education, food and nutrition programs, parental supports, emotional wellness, and out of school programs to children in Ward 8’s Hillsdale neighborhood, which is within the Elevating Equity target area. LISC supported both Martha’s Table and Community of Hope through grant dollars and the Healthy Futures Fund.
Town Hall Education Arts Recreation Campus
Comprised of three buildings, a farm, and playground that sits on 16.5 acres, this state-of-the-art campus provides high-quality resources to the East of the River and greater Washington, DC community. Through a collaboration of partner organizations, THEARC provides access to high quality educational, health, cultural, recreation, and social service programs. Current resident partners include LISC partners DC Central Kitchen, Washington School for Girls, and the 11th Street Bridge Park.
