capacity building
Examples of what we have accomplished with our Capacity Building services:
- 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.
In addition to helping community development corporations finance their projects, LISC helps make the groups more efficient and productive by providing training programs and learning opportunities for their staff and leadership.
Building strong and effective CDCs has been a cornerstone for LISC across the country. The stronger the CDC, the better positioned it is to facilitate quality and systemic community change.
Organizational development consulting services vary depending on the needs of the organization. The range of potential areas of focus includes:
- Business planning
- Board governance training and executive coaching
- Policy and procedure development
- Real estate technical assistance
- Project team assembly
- Financial analysis and feasibility
- Relationship and capital brokering