At Virginia LISC, we believe that all residents deserve to shape and live in thriving neighborhoods of choice and opportunity.
This past year marked the 27th year of LISC investment in the Richmond and Petersburg communities, and we thank you for helping us make this work possible. We have raised $29.5 million locally since 1990, leveraging more than $564 million in investments.
Here is a quick look at Virginia LISC’s impact in Richmond and Petersburg neighborhoods in 2017:
- our three Financial Opportunity Centers served more than 423 residents working to attain family financial stability;
- we awarded $128,000 in grants to seven small businesses to revitalize two neighborhood business districts;
- we financed $8.4 million in loans to advance housing and mixed-use projects;
- and we were the first to commit $8 million in New Markets Tax Credits to a grocery store serving Church Hill.