LISC recently approved acquisition funding, supporting The Neighborhood Developers' (TND) acquiring and preserving twenty-seven (27), 100% affordable homes for seniors and individuals with disabilities in Chelsea.

This is the first time an organization has bought an occupied building in Chinatown to maintain affordability and prevent displacement for the residential and commercial tenants.

LISC's Equitable-Transit Oriented Development Fund (ETODAF) invested in The Neighborhood Developer's (TND) purchase of an affordable property in Chelsea to keep existing residents from being displaced.