White Center Community HUB
LISC provided construction financing to support the development of the White Center Community HUB, a new one-stop community, health and social service center serving the people of White Center.
Legacy One Apartments
LISC refinanced AA Property's existing acquisition loan on the subject property to provide a more favorable interest rate and a longer timeline to develop the project.
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
9 Clark Place Studios
LISC facilitated a $1.70 million loan for the redevelopment of a single-family home and lot located at 9 Clark Place, aimed at transforming the parcel in alignment with Tacoma's updated zoning policies, emphasizing denser housing. This loan was financed through LISC's partnership with MacKenzie Scott.
Spotlight on Inclusive Economic Development Without Displacement
On Wall Street and downtowns around the country, declining in-person work is driving near-record office vacancies, with implications for nearby businesses, the urban tax base, and public services. But on main streets across the country, LISC is addressing some of the same technological and economic changes behind downtown vacancies, to support entrepreneurs of color facing displacement.
Three Models for Inclusive, Community-Led Economic Development Without Displacement
Community-centered economic inclusion initiatives hold important lessons for how to dismantle inequities and promote economic opportunities without displacement. LISC’s local partners in places like Everett, WA, Oakland, CA, and Charlotte, NC are fostering community-led initiatives that promote economic justice with residents and small businesses.