Stories

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11.18.2024 -

Mass Timber Housing Brings Sustainable and Affordable Hope to a New Haven, CT Community

Beulah Land Development Corp. is working in partnership with New York-based construction company Spiritos Properties, and housing nonprofit HELP Development Corp., to develop vacant lots at 340 Dixwell Ave. into a 69-unit mixed-use project. The $28 million project was partly financed by the National Equity Fund (NEF)—a LISC affiliate focused on LIHTC and other housing investments. 340 Dixwell is the first Low-Income Housing Tax Credit (LIHTC) project on the East Coast utilizing mass timber, an eco-friendly alternative to steel and concrete, and will include 55 affordable units for low-income households earning 60 percent or less of the area median income, and an additional 20 units for people experiencing homelessness.

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11.15.2024 -

Vision Quest: This Can-Do Indianapolis Company Is Growing its Business—and a Healthier, More Diverse Supply Chain

Quest Safety Products, a small, minority-owned distributor and maker of personal protective equipment and other safety products, has a 27-year track record of meeting customer needs. Now growth capital from the Abbott-LISC Initiative to Support Diverse Businesses in Health is helping CEO Sam Yadav realize an expansion, boosting resiliency in a supply chain that’s vital to us all.

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11.04.2024 -

Supporting Pathways to a Strong Financial Future: Q+A with Allianz Life’s Kenna Poppler

Kenna Poppler of Allianz Life understands the power of LISC’s Financial Opportunity Center® model and how it helps strengthen the financial futures of individuals and families across the Twin Cities. Since 2022, Allianz Life’s support has helped pave a path to sustainable financial and career success for nearly 3,000 people. Learn why working with LISC Twin Cities to reduce barriers to economic inclusion is so important to Allianz Life, and to Poppler.

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10.10.2024 -

LISC + Uber: Breaking Down Transportation Barriers to Health and Wellbeing

LISC’s Health Access Fund is helping people who face barriers to transportation get to and from the places that contribute to their health and wellbeing by providing free access to non-emergency medical transportation in partnership with Uber. To date, 23 organizations supported by the Health Access Fund have booked close to 320,000 Uber rides for people in 23 states. Learn more about the individuals and organizations impacted by our work together.

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10.08.2024 -

Helping More People Get the Mental Health Care They Need

After a student’s tragic death, former teacher Elizabeth Alegría founded Gramercy Specialty Clinic, a Texas-based behavioral healthcare organization focused on serving diverse populations and addressing mental health barriers in Latino communities. With a $150,000 investment from the Abbott-LISC Initiative to Support Diverse Businesses in Health, Alegría is expanding Gramercy’s virtual services and developing a technology app to scale the organization across several states.

Graphic that says "20 Year Anniversary" with Broadstreet Impact Services logo
10.01.2024 -

A Look Forward, From 20 Years of Impact Investing

Broadstreet CEO Kevin Boes reflects on 20 years of the LISC affiliate's work as a New Market Tax Credit syndicator. From managing $3.5 billion in impact portfolios to partnering with local leaders, Broadstreet (formerly New Markets Support Corp) has focused on driving meaningful change in disinvested communities. Looking ahead, Boes reiterates their commitment to scaling impact and creating just, healthy, and prosperous communities.

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