NEF, one of LISC's affiliates, invested a record $1.43 billion in Low Income Housing Tax Credit production, including $70 million in dedicated funding for developers of color, creating or preserving an additional 11,100 affordable homes nationwide.

With help from an $8.5 million LISC predevelopment and construction loan, Cycle House in northwest Washington D.C. will be a first-of-its-kind green affordable housing development. The mixed-use, net-zero building with bike-friendly amenities is geared for residents at 30% to 80% of area median income and sets a high standard for eco-friendly construction in the area and beyond. Banner photo courtesy of Matt Telzerow

Black and White Investments LLC, with help from a $635,000 permanent loan, added a solar array to housing for low-income adults attending college, helping manage the property’s sustainable features and reducing energy costs. The project can be a model for affordable housing everywhere.

In honor of Veterans Day this year, we are highlighting Perry Point Veterans Village, an extraordinary supportive housing community for homeless vets created by HELP USA in tandem with the U.S. Department of Veterans Affairs, NEF and many other dedicated partners. The development was 10 years in the making and involved a veritable high-wire act of aligning bureaucracies and funding sources and overcoming political opposition. The result is worth the struggle: 75 safe, affordable homes for veterans who'd been surviving on the streets and now have a bona fide new lease on life.

For more than 30 years, LISC’s National Equity Fund (NEF) affiliate has been developing innovative solutions to affordable housing challenges. In a Q&A conversation with LISC, new CEO Matt Reilein takes a look at NEF’s unique value proposition, as the company looks to build on its record $1.2 billion in investments from 2018.

The Power of Partnerships

From the unprecedented $1.5 billion we invested last year in people and communities across the country, to our burgeoning collaborations with sectors ranging from tech and healthcare to sports and local government, the LISC 2018 Annual Report is chock full of good news, good numbers, and good ideas. These resources and strategies propel us on our journey to shape a brighter future for all our nation's residents. And that, in a nutshell, is the heart of LISC's mission. Read on!