A.G. Rhodes Cobb County
The project includes the construction of a new 75,000 sq. ft., 3-story memory care wing designed to be a model for best practices in person-directed memory care. The new wing will have 72 private memory care beds organized into 6 “households” that have 12 resident rooms, a residential-scale kitchen and dining area, a living room and sunroom, and laundry facilities.
Bike-Friendly, Green Affordable Housing is Coming to D.C.
With help from an $8.5 million LISC predevelopment and construction loan, Cycle House in northwest Washington D.C. will be a first-of-its-kind green affordable housing development. The mixed-use, net-zero building with bike-friendly amenities is geared for residents at 30% to 80% of area median income and sets a high standard for eco-friendly construction in the area and beyond. Banner photo courtesy of Matt Telzerow
Academic Excellence Finds a Permanent Home in Brooklyn
Brooklyn Prospect Charter School educates more than 2,100 children and youth in grades K – 12, with a focus on preparing a diverse student body to have a positive impact on society and develop a lifelong passion for learning. LISC is providing a $12 million loan to support the renovation of a building that will become a permanent home for their elementary school.
Continuing the Legacy of ‘The Paper City’
When the owner of RJ’s printing, the only Black-owned printer in Southwest Michigan, was ready to step down, he didn’t want to pass on the business to just anyone. With the support of a $150,000 LISC acquisition loan, a local graphic designer who got his start on RJ’s Printing’s founding team in 1995 will make sure the printer will serve the community for years to come.
Chemical Manufacturer Expands Production, Accelerates Growth with LISC Small Business Loan
Cedar Concepts is the only Black, woman-owned chemical manufacturing plant in the U.S. This past year, LISC made a $1.1 million investment through our partnerships with Abbott, JPMorgan Chase and Wells Fargo to help the firm purchase new equipment and expand its Chicago facility.
Our Veterans Deserve a Place to Call Home
In honor of Veterans Day, we are sharing the story of Gerald Hurt, a formerly homeless veteran who recently moved into a new supportive housing community in Danville, Illinois. Together with the National Equity Fund and Bring them HOMES, LISC is working to make sure every veteran has the home he or she needs.
A Bold Fix for Denver’s Affordable Housing Crisis
Denver, CO has just approved a housing subsidy that will make the city’s glut of new, unrented market-rate housing affordable to working families. It’s an unprecedented strategy, created in part by LISC and National Equity Fund, that could begin to close the opportunity gap for Denverites. And it’s already piquing interest in other cities grappling with similar challenges.
In Buffalo, a Son Revives His Father’s Legacy
In the midst of the 1960s Civil Rights movement, Herbert Bellamy Sr. was an important black entrepreneur investing in the eastside of Buffalo. He founded 1490 Enterprises, Inc., a community center and nexus of African-American political and cultural life, to serve people living along Jefferson Avenue. Decades later, his son Herbert Bellamy Jr. has taken up the mantle, as a developer with a passion for community-driven projects—like renovating his father’s old headquarters with support from LISC.
This App is Giving Kansas Residents with Criminal Records a Second Chance
A criminal record, no matter how old, still prevents people from securing employment, housing, and participating in their communities. But getting an outdated record cleared or expunged can be a financially and emotionally burdensome process. With support from LISC, Kansas City Digital Drive (KCDD) has been piloting the use of Clear My Record, an app designed to simplify the process of expunging criminal charges. And it’s already working, changing lives and paving the way for formerly justice system-involved Kansas City, Kansas residents to realize their goals. It’s also a promising new technology with potential to ramp up expungement efforts across the country.
Single Parents are Saving Energy and Staying in School at Indiana’s First Net-Zero Affordable Housing Community
Black and White Investments LLC, with help from a $635,000 permanent loan, added a solar array to housing for low-income adults attending college, helping manage the property’s sustainable features and reducing energy costs. The project can be a model for affordable housing everywhere.