What does LISC stand for?
Local Initiatives Support Corporation
| Founded | 1979 |
|---|---|
| Type | Non-Profit CDFI |
| Location | Headquartered in New York City, Local Offices in 30+ Cities in the USA |
| Area served | United States |
| Method | Grants, Loans, Investments |
Is LISC legit?
LISC is a great non-profit company to work for. LISC is a non-profit company that helps low income and underprivileged people and businesses. The people are great to work with and have a real sense of pride in what they do.
Who funds LISC?
We receive our funding from banks, corporations, foundations, and government agencies. We partner with community organizations, private developers, local government and schools to invest those funds in affordable housing, economic development, health and recreation, capacity building, and strategic planning efforts.
What charity is LISC?
Local Initiatives Support Corporation is a 501(c)(3) organization, with an IRS ruling year of 1980, and donations are tax-deductible.
Is LISC a CDC?
LISC is one of three financial intermediaries administering the HUD Section 4 program. Since program inception – we have deployed over $190MM in grants to 1,200 CDCs in 46 states. LISC deploys Section 4 funds through 33 urban and 7 rural local offices.
How is LISC funded?
We receive our funding from banks, corporations, foundations and government agencies. We, in turn, use that funding to provide financing (loans, grants and equity) and technical and management assistance to local partners and developers.
What are local initiatives?
local initiative . – the term shall mean a form of co-operation of local self-government units with inhabitants to jointly effect a public task to the benefit of the local community.
What is LISC education?
LISC finances building or modernizing school facilities to improve the physical spaces where students and teachers thrive, and communities gather. We also intentionally invest in high quality schools that occupy those spaces.
What are examples of initiative?
Examples of using initiative:
- Preparing in advance for job interviews.
- Offering to take on an extra task at work, college, school or in the home.
- Taking on a new hobby or interest.
- Doing something you know is good for you, even if it takes you out of your comfort zone.