About LISC

Leadership | Our History | Careers
BASIC FACTS
President & CEO:
Michael Rubinger

Headquarters:
New York, New York

Local Offices:
30 urban offices and
Rural LISC

Staff: Approximately 350

Established:
1979, by the Ford Foundation

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Our Mission

The Local Initiatives Support Corporation (LISC) is dedicated to helping community residents transform distressed neighborhoods into healthy and sustainable communities of choice and opportunity — good places to work, do business and raise children. LISC mobilizes corporate, government and philanthropic support to provide local community development organizations with:

  • loans, grants and equity investments
  • local, statewide and national policy support
  • technical and management assistance

LISC is a national organization with a community focus. Our program staff are based in every city and many of the rural areas where LISC-supported community development takes shape. In collaboration with local community development groups, LISC staff help identify priorities and challenges, delivering the most appropriate support to meet local needs.

LISC is Building Sustainable Communities by achieving five goals:

  • Expanding Investment in Housing and Other Real Estate
  • Increasing Family Income and Wealth
  • Stimulating Economic Development
  • Improving Access to Quality Education
  • Supporting Healthy Environments and Lifestyles

LISC by the Numbers: 2007 and Historical Investment

IN 2007

WHAT WE'VE INVESTED
$1.06 billion in low-income communities nationwide, including:
  • $730 million in equity
  • $284 million in loans
  • $45 million in grants
WHAT WE'VE ACCOMPLISHED
  • 20,400 affordable homes & apartments
  • 3.2 million square feet of retail & community space
  • 15 schools financed for 6,000 students
  • 10 child care facilities supported for 975 children
  • 32 playing fields renovated for 64,000 kids

SINCE 1980

WHAT WE'VE INVESTED
$8.6 billion which has leveraged:

$25.3 billion in total development
WHAT WE'VE ACCOMPLISHED
  • 230,000 affordable homes & apartments
  • 32 million square feet of retail & community space
  • 95 schools financed for 38,000 students
  • 146 child care facilities supported for 15,400 children
  • 187 playing fields renovated for 374,000 kids

> Download 2007 LISC by the Numbers fact sheet (PDF, 20 KB)

Reports

A Look Back 2007 Annual Report
2007: A Look Back
(PDF, 267 KB)		 2007 Annual Report
(PDF, 3.18 MB)
previous reports

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