Virginia Local Initiatives Support Corporation » LISC transforms neighborhoods by empowering residents and by investing human and financial resources.

- Virginia LISC 1st Quarter Newsletter 2018
- Opportunity Zones can build strong neighborhoods
- Virginia LISC 2017 fourth quarter newsletter
- Off the streets and on to the basketball court
- Give thanks by giving back to small business

About Us

Virginia LISC works with residents and partners to forge resilient and inclusive communities – great places to live, work, visit, do business and raise families.

Three Year Goals

Develop collaborative approaches to create healthy and vibrant neighborhoods through the Neighborhoods Rising Initiative
Extend Virginia LISC’s capacity building and financing services to nonprofit partners working in central Virginia
Advance public policies and innovative resources that facilitate healthy neighborhoods and community development
Implement a bold and comprehensive neighborhood building strategy to serve as a community leader

Strategies

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

Accelerator Committee

Ned Turnbull, Co-chair Williams Mullen Madelyn Peay, Co-chair Hopewell Redevelopment and Housing Authority Anthony Crenshaw University of Richmond Lauren Earley Justin Ferrell S&P Global Mark Hickman Commonwealth Strategy Group Corey Lane White 64 Tavaris McCoy Hopewell Redevelopment and Housing Authority For more information on the Accelerator Committee, please contact Killeen King at kking@lisc.org or 804.505.4183. […]

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.

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Services

Community Investments

Equity

Through affiliates the National Equity Fund and the New Markets Support Company, LISC provides equity investments for projects that support community revitalization across the region, including affordable housing, commercial and retail buildings, and arts and community space.

Loans

Virginia LISC offers financing during all stages of projects, which includes pre-development, 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.

Neighborhood Building

Comprehensive 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.

Targeted Initiatives

Training & Technical Assistance

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.

Operational Support

Virginia LISC provides grants for operational support, strategic planning, capacity building and board development for community development organizations.

Public Policy

LISC 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.