Local Initiatives Support Corporation

The organization provides grants to community based organizations, small businesses, for-profit emerging developers and others throughout the country to support their efforts to revitalize disinvested communities and/or benefit low-wealth individuals and families. In 2024, the organization issued 1,470 grants throughout the country to support the development of 2,325 units of affordable homes and apartments; 161,342 square feet of commercial, community, and educational facility space; income and wealth building opportunities for individuals and families living on low to moderate-incomes; and capacity building, operations, and other community development activities. The organization also issued 308 grants to small businesses and other institutions throughout the country.

Lending. The organization provides loans, lines of credit, and other recoverable financing at all stages of development - from predevelopment to permanent - to support projects and programs that revitalize disinvested communities and benefit individuals and families living on low to moderate incomes.