Building Inclusive and Healthy Neighborhoods, Block by Block: Findings from 11 Neighborhoods Nationwide
A new report from Brookings Metro examines LISC’s community-centered economic inclusion initiative, which centers neighborhoods as the key setting for driving strong regional economies. The lessons in this report make one thing clear: To truly transform the prosperity and well-being of entire cities and regions, it’s past time to abandon top-down or “trickle-down” approaches and embrace the actionable, community-rooted models that have demonstrated impact in cities and neighborhoods nationwide. Image above courtesy of Jana River Medlock Photography
Kids in the Spotlight Office & Studio
LISC provided KITS with a $1.93 million loan to acquire their office and studio space in Van Nuys, CA. The loan supports the long-term stability of the organization through rent replacement strategy and allows them to focus on providing workforce training and social services to youth in and transitioning out of foster care.
Chavez Gardens
LISC provided a predevelopment loan to support a 110-unit housing development that will include units affordable to housolds earning between 30-50% of AMI.
Global Electric
LISC provided an acquisition loan to finance the acquisition of a commercial property for Global Electric.
Predevelopment Line of Credit
LISC provided a predevelopment line of credit to VCH to fund predevelopment expenses associated with affordable housing projects in VCH’s pipeline.
Reimagining Justice: Q&A with Judge Songhai Armstead
Q&A with Judge Songhai Armstead, director of Justice, Care and Opportunities Department (JCOD) which is LA County’s new central agency unifying the County’s efforts to serve vulnerable justice-involved individuals and communities.