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Causes: Community & Neighborhood Development, Economic Development
Mission: Local initiatives support corporation (lisc) is dedicated to helping community residents transform distressed neighborhoods into healthy and sustainable communities of choice and opportunity. See schedule o for more information.
Programs: Project development and investment. Lisc provides technical assistance and other program services to community based organizations throughout the country to assist them in transforming their communities into healthy and sustainable communities of choice and opportunity, including efforts to promote safer streets; help residents achieve economic stability; improve health and encourage healthy lifestyles; and incentivize change through arts and culture. See schedule o for more information.
project grants. Lisc provides grants to community based organizations throughout the country to support their efforts to transform distressed communities. In 2017, lisc issued grants to 570 entities throughout the country to support the development of 2,462 units of affordable homes and apartments; 621,247 square feet of commercial, community, and educational facility space; and the capacity building, operations, and other community development activities of non-profit community based organizations.
lending. Lisc provides loans, lines of credit, and other recoverable financing at all stages of development - from predevelopment to permanent - to support projects and programs that revitalize low- and moderate-income communities and benefit low- and moderate-income individuals. See schedule o for more information.