Community projects typically include:

• For-sale and rental housing
• Community facilities (child care centers, schools, health care facilities, playing fields),
• Economic development projects, including industrial, office and retail buildings.

Loans

LISC offers financing during all stages of projects — predevelopment, property acquisition, construction, and permanent. We seek to strike the right balance between taking risks consistent with our role as a charitable lender, and recovering our capital so we can make funds available to future projects. Following are some examples of our loan products:

• Pre-Development Loans
• Acquisition Loans
• Construction Loans
• Mini-Permanent Loans
• Revolving Working Capital Loans and Lines of Credit

Downloads:

LISC lending fact sheet

LISC lending term sheet

» Download the LISC lending fact sheet
» Download the LISC lending term sheet

Grants

LISC helps local organization become strong and stable neighborhood institutions characterized by effective and responsible fiscal management and capable of carrying out a range of community revitalization activities. Through LISC local program offices, we provide grant funding to assist organizations develop affordable housing, commercial and retail space, and community facilities, as well as other community development activities.

Grants are designed and provided consistent with local program office strategies and local community development needs. Grants have typically come in the form of:

• organizational development grants that assist community organizations to improve its administrative structures, management and financial systems, and real estate development and management capacities;
• strategic planning grants to cover costs associated with the creation of new programs that are important to an organization's overall mission and needs of the community's residents; and
• project grants to help cover costs associated with real estate development that further neighborhood revitalization goals.

Equity

LISC offers equity financing through our affiliate subsidiaries:
The National Equity Fund, Inc; The New Markets Support Company; and The Community Development Trust.
» For more information, see Affiliates