A $2.1 million predevelopment loan from LISC helped Gragg Cardona Partners build The Residences at Kenilworth Park, an affordable housing complex adjacent to a wetlands preserve in Northeast D.C. offering supportive services for Medicaid-eligible and other qualified elderly residents 60 and older. The development meets high-quality accessibility standards and provides on-site certified nurses and aides, access to nature, community and nutritious food, among many other keys to well-being.

Building Inclusive and Healthy Neighborhoods, Block by Block: Findings from 11 Neighborhoods Nationwide

LISC + Brookings Metro

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 courtesy of Jana River Medlock Photography

DC’s Tenant Opportunity to Purchase Act granted the 1400 Aspen Street Tenants Association the right to seize their building after a decade long fight. LISC, supplemented by the Department of Housing and Community Development’s Preservation Loan Fund, provided $3.9 million in acquisition financing to the association. Since rising above the COVID-19 pandemic and buyout offers, residents in the building are now settling into their upgraded permanent homes.

In recognition of Black History Month, we’d like you to meet four organizations that, through support from LISC and the Black Economic Development Fund, are creating housing, employment and other economic opportunities in the neighborhoods that need them the most.

A healthy community isn’t just about access to high-quality, reliable health care. Individuals and families also need access to good jobs, opportunities to build wealth, and thriving, locally-owned businesses. Kaiser Permanente understands how economic factors can shape well-being, especially in communities of color that often don’t benefit from regional or national prosperity. Learn how LISC is collaborating with Kaiser Permanente to support locally-driven strategies that spark economic growth in under-invested places.

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