The CDFI Fund announced New Markets Tax Credit (NMTC) awards to 104 organizations today, including a $65 million allocation for LISC, the largest amount allocated to recipient groups. It brings LISC’s total NMTC awards to nearly $1.3 billion, which we have leveraged to fuel the development of retail, manufacturing, health care, childcare, and education facilities in under-resourced communities. LISC’s NMTC work is managed by its affiliate, Broadstreet Impact Services, a community investor and fund services firm focused social and economic impact across the country.

Sen. Pat Roberts (R-KS) toured the Children’s Campus of Kansas City today—where nonprofits offer an integrated set of health and education programs all focused on families and children from birth to age five. LISC helped finance CCKC through loans and the New Markets Tax Credit program, recognizing that quality facilities focused on early learners are one key to helping at-risk kids succeed.