Capacity Building - Consulting Accomplishments

In addition to our real estate services, LISC has provided grants and technical assistance to our partners since 1990.

Grants

  • LISC has brought $1,700,500 of HUD Section 4 funds to Richmond since 1999. To date, HUD Section 4 has provided the following funding to Richmond-based CDCs:
  • Better Housing Coalition $1,105,000
    Virginia Supportive Housing $185,000
    ElderHomes Corp. $200,000
    Interfaith Housing $100,000
    Richmond Neighborhood Housing Services $90,000
    Oregon Hill Home Improvement Council $10,500
    IMANI Intergenerational CDC $10,000
  • LISC has given $215,000 in Home Depot Green Building Grants since 2005. In the past two years, LISC has brought $165,000 in Home Depot Green Building Grants to our partners in Richmond and Petersburg:
  • Better Housing Coalition $65,000
    Virginia Supportive Housing* $50,000
    Pathways $30,000
    ElderHomes Corp. $20,000
  • In 2008, LISC brought $50,000 in NFL Playing Fields Grants to Highland Park and Blackwell, which was then leveraged by a $75,000 match by the Richmond Parks and Recreation Foundation.

Organizational Development Consulting Services & Capacity Building

  • LISC has paid for consultants to provide over 1,000 hours of organizational development consulting services to our nonprofit partners – at no charge to our partners.
  • Since 2003 we have provided over $220,000 in consulting services to our CDC partners.
  • In 2005 and 2006 LISC provided $45,000 in scholarships for the Executive Directors of Better Housing Coalition, Virginia Supportive Housing, Highland Park CDC, and ElderHomes, to attend nonprofit Executive Director training Harvard University.
  • LISC’s Housing Authority Resource Center (HARC) is providing strategic planning services to the Petersburg Redevelopment and Housing Authority (PRHA).
  • LISC brought national resources to Richmond to help Better Housing Coalition establish a property management company. Quality property management has become one of BHC’s strongest qualities.
  • LISC engaged Capital One to issue a $50 million 501(c)(3) bond to help finance community development, which their status as a “Special Purpose” bank would otherwise have precluded them from doing.
  • LISC took Virginia Supportive Housing to Chicago for training in Blended Management, which they utilized in their SRO projects.

*To support “green” components of two SROs in Hampton Roads.