LISC is among three of the country's largest community development and housing groups receiving a total of $83M in U.S. Department of Housing and Urban Development Section 4 capacity building funding. LISC will use its $28M allocation to support 480 community development corporations nationwide, focusing on affordable housing access in historically disinvested communities. The grant includes a three-to-one match commitment of $85 million.
HUD has awarded its latest round of Section 4 funds, including $17 million for LISC, the largest of this year's grants. LISC will use its funds to help build the capacity of local community development groups to address financial stability, leadership and governance, technical and digital infrastructure, and partnership networks.
Since it’s the inception of the HUD Section 4 program in the early nineties, LISC has disbursed nearly $350 million in Section 4 grants to our partner organizations on the ground. We dig into how community groups can grow and flex new muscles with these targeted injections of funding, and look at how it’s assisted three CDCs in Phoenix to take their work to the next level.
Through a HUD Section 4 grant, LISC has partnered with HOPE—Home Ownership for Personal Empowerment—to help build the group’s capacity to match people with intellectual and developmental disabilities to safe, affordable and community-connected homes.
LISC has just been awarded nearly $13.5M in HUD Section 4 capacity-building program grant money, earmarked for local community groups who are dedicated to economic development and creating affordable housing. The award will propel the organization's long-running capacity-building efforts with the critical partners whose work helps create more vibrant, inclusive economies and opportunities for residents of under-served communities.