Grants and Recoverable Grants

LISC helps local organizations become strong and stable neighborhood institutions characterized by effective and responsible fiscal management capable of carrying out a range of community revitalization activities. Grants are designed and provided consistent with local program strategies and community development needs.

As a part of LISC local program offices, Mighican LISC provides grant funding to assist organizations developing affordable housing, commercial and retail space, and community facilities, as well as other community development activities. Grants are designed and provided consistent with local program office strategies and local community development needs. Grants have typically come in the form of:

• organizational development grants that assist community organizations to improve its administrative structures, management and financial systems, and real estate development and management capacities;
• strategic planning grants to cover costs associated with the creation of new programs that are important to an organization's overall mission and needs of the community's residents; and
• project grants to help cover costs associated with real estate development that further neighborhood revitalization goals.
• other grants including, but not limited to, costs associated with training, consultants and award programs.

While the bulk of our financial support is in lending and equity investments, much of it could not be done without also supporting the neighborhood groups that have the vision and ideas to get things done. Through Michigan LISC offices, we provide grant funding to assist organizations develop affordable housing, commercial and retail space, and community facilities, as well as other community development activities.  

To learn more about our financial support contact Michigan LISC local office Program Officer.