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About Us
Virginia 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.
- Developing collaborative approaches to create healthy and vibrant neighborhoods through the Neighborhoods Rising Initiative
- Extending Virginia LISC’s capacity building and financing services to nonprofit partners working in central Virginia
- Advancing public policies and innovative resources that facilitate healthy neighborhoods and community development
- Implementing a bold and comprehensive neighborhood building strategy to serve as a community leader
- Investing strategically in housing, retail, childcare centers and other neighborhood assets
- Increasing family income and wealth
- Stimulating economic development
- Improving access to quality education
- Supporting healthy neighborhood environments and lifestyles
Support Us
LISC is a tax-exempt 501(c)(3) not-for-profit organization that provides capital and technical assistance to nonprofit community development corporations (CDCs) that serve low-income communities in urban and rural areas across the country.
Services
Equity
Through three affiliates (The National Equity Fund, The New Markets Support Company and the Community Development Trust), LISC provides equity investments for projects that support community revitalization across the country, including affordable housing, commercial and retail buildings, and arts and community space.
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Loans
Virginia LISC offers financing during all stages of projects, which includes predevelopment, property acquisition, bridge, construction and permanent. We seek to strike the right balance between taking risks consistent with our role as a charitable lender, and recovering capital to ensure funds are available for future projects.
Read MoreComprehensive Building
The Neighborhoods Rising Projects illustrate comprehensive building projects. For instance in 2012 in Fulton, Virginia LISC worked with partners and community residents to bring business back to the commercial corridor, beautify the streets, build a park and bring a Financial Opportunity Center to the Greater Fulton neighborhood.
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Leadership Development
Virginia LISC is working to develop community leaders who can guide civic and nonprofit organizations. With support from National LISC and Virginia Housing Development Authority, two scholarships are provided annually to the leadership development programs of Leadership Metro Richmond and VCU’s Nonprofit School of Excellence.
Read MoreOperational Support
Virginia LISC provides grants for operational support, strategic planning, capacity building and board development for community development organizations.
Read MoreLISC is involved with public policy issues, specifically those that pertain to community development and affordable housing. The motto, “We help neighbors build strong communities,” serves as a basis and reflection for our public policy work.
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