Local Initiatives Support Corporation Archives

Detroit People’s Food Commons Development (2022)

Detroit, MI

Community, Incubator, Mixed-use
CDEs: Local Initiatives Support Corporation, Michigan Community Capital, USBCDE

This project will finance the construction of a 31,000 sq. ft. multi use development of a co-op grocery store in the Central Woodward neighborhood of Detroit, Michigan.

MLK Community Hospital (MLKCH) (2023)

Los Angeles, CA

Hospitals and Emergency Services
CDEs: Clearinghouse CDFI, Ecotrust, Local Initiatives Support Corporation, Urban Action Community Development

Urban Action Community Development (“UACD”) deployed $8.75 million in Round 18 NMTC allocation to the Martin Luther King Jr Community Healthcare (“MLKCH” and “Hospital”) located in the heart of South

Lac Courte Oreilles Community Health Center (2023)

Hayward, WI

FQHCs, Indian Country
CDEs: Forward Community Investments, IFF, Impact Seven, Local Initiatives Support Corporation, USBCDE

Lac Courte Oreilles Band of Lake Superior Chippewa Indians will use $44.325 million in NMTC allocation to finance the construction of a state-of-the-art 52,000 sq. ft. tribal healthcare center located

Bay Area Tech High School (2023)

Oakland, CA

Schools
CDEs: Local Initiatives Support Corporation, Raza Development Fund, Wells Fargo

NMTC funding was used for the purchase and redevelopment of a 22,000 sq. ft. abandon historic theater. The space will be occupied by Bay Tech STEM, an established charter school.

Child Advocacy Center of BestSelf (2022)

Buffalo, NY

Behavioral Health, Community, FQHCs
CDEs: Local Initiatives Support Corporation

This transaction supports for the new home for the Erie County Child Advocacy Center and headquarters for BestSelf. BestSelf Behavioral Health is the largest community-based additional program locations. BestSelf is

The Crossing at Brick Church (2022)

East Orange, NJ

FQHCs, Mixed-use
CDEs: Dudley Ventures, Enterprise Community Partners, Local Initiatives Support Corporation, Mid-City Community CDE, New Jersey Community Loan Fund, PNC, The Reinvestment Fund, Urban Action Community Development

The Crossings at Brick Church Station is an urban, mixed-use redevelopment anchored by a 68,000 sq. ft. ShopRite Supermarket, 24,000 sq. ft. of retail space including 2,000 sq. ft. of

DTN Ventures (2021)

Mesa, AZ

Business Development
CDEs: Local Initiatives Support Corporation

New building allows business to expand in Mesa.

Highland Baking Company (2023) (2023)

Spartenburg, SC

Business Development, Food Manufacturing, Manufacturing
CDEs: Chase, Local Initiatives Support Corporation, National New Markets Fund, Urban Action Community Development

NMTC financing helped expand the Highland Baking Company plant in Spartanburg, South Carolina.

Escalante Meadows ()

Guadalupe, CA

Affordable Housing, Community Center, Daycare and Early Childhood, Homeless Services, Nonprofit Hub
CDEs: Enterprise Community Partners, Local Initiatives Support Corporation, PNC

The Housing Authority of the County of Santa Barbara (HACSB) is the largest property management organization for affordable housing in Santa Barbara County and a leader in supporting low-income families

A.G. Rhodes Cobb County (2022)

Marietta, GA

Healthcare, Nursing Homes and Hospice
CDEs: Enterprise Community Partners, Local Initiatives Support Corporation, Rose Urban Green Fund, The Reinvestment Fund

The project will allow the region's oldest mission-driven nonprofit skilled nursing operator to provide high quality skilled nursing, memory care, and outpatient. services.

College Park (2022)

Jacksonville, FL

Business Development, Community, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial
CDEs: Local Initiatives Support Corporation, RBC Community Development

The $18 million rejuvenation of a shopping center creates over 100 jobs in Jacksonville, FL

BDB Enterprises (2021)

Riverside, CA

Professional Services, Retail
CDEs: Local Initiatives Support Corporation

NMTC financing supported two operating companies.

Bethany House Services (2021)

Cincinnati, OH

College or Vocational Training, Food Bank or Pantry, Healthcare, HFFI, Homeless Services, Nonprofit Hub, Vocational Training, Youth Program
CDEs: Cincinnati Development Fund, Local Initiatives Support Corporation, PNC

Bethany House Services used NMTC financing to construct a new 222-bed homeless shelter facility and comprehensive services center to significantly streamline its operations and expand its physical capacities.

Augusta Hub for Community Innovation (2021)

Augusta, GA

Boys and Girls Clubs, Community, Daycare and Early Childhood, FQHCs, HFFI, Incubator, Nonprofit Hub, Recreation
CDEs: Carver State Bank, CRFUSA, Local Initiatives Support Corporation, Truist

The HUB for Community Innovation is an outreach center in Augusta’s Harrisburg community.

The entrepreneur who built an empire from a gas station ()

Business Development, Manufacturing, Warehouse and Wholesale
CDEs: Local Initiatives Support Corporation

Daltons Aura Fabricators Expands to Fergus ()

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural
CDEs: Local Initiatives Support Corporation

$15 Million Center to be Built in Central Falls will offer One Stop Health Care ()

Community, FQHCs, Healthcare
CDEs: Local Initiatives Support Corporation, Morgan Stanley

Citylink Center Opens in Cincinnati to Combat Poverty ()

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, FQHCs, Healthcare, Mixed-use, Nonprofit Hub, Youth and Families
CDEs: Local Initiatives Support Corporation, PNC

Fine Fare Brooklyn (2019)

Brooklyn, NY

Grocery and Fresh Food, HFFI
CDEs: Local Initiatives Support Corporation

Financing for the owner of a Fine Fare Supermarkets in Brooklyn to purchase the building she had leased for 13 years. The purchase will stabilize occupancy costs, secure a long-term

A Plus Gutter (2021)

Commerce, CA

Retail
CDEs: Local Initiatives Support Corporation

The borrower was created in 2018 to purchase real estate at 4515 Dunham street for the OC (A Plus Gutter Systems) to operate out of. The Borrower will use the

100 Public Square (2007)

Cleveland, OH

Community, Healthcare
CDEs: Cleveland Development Advisors, Consortium America, Local Initiatives Support Corporation

The project is a collaborative public/private effort to dramatically update the 10-acre Public Square into a catalytic, dynamic, world-class public space in the heart of downtown Cleveland.

Destination Crenshaw (2021)

Los Angeles, CA

Arts, College or Vocational Training, Incubator, Museums
CDEs: BSD Capital, Building America CDE, Local Initiatives Support Corporation, USBCDE

A reparative development, open-air museum project and one of the largest black public art projects in the U.S.

Build, INC (2022)

Chicago, IL

Youth and Families
CDEs: Chase, Chicago Development Fund, IFF, Local Initiatives Support Corporation

Construction of a headquarters for BUILD, a nonprofit that has worked for more than 50 years to help young people on the West Side of Chicago overcome systemic obstacles to

Grace Community Health Center (2021)

Corbin, KY

Behavioral Health, Community, FQHCs
CDEs: Capital One, Community Health Center Capital Fund, Local Initiatives Support Corporation

The project will renovate an existing single floor 84,194 sq. ft. former K-Mart building.

Jackson County Austism (2021)

Marianna, FL

College or Vocational Training, Recreation, Vocational Training
CDEs: Local Initiatives Support Corporation

New construction of an Autism Center, run by Endeavor Forward, the nonprofit, exclusive provider of Autism services of Jackson County.

Matt Josephs ()

CDEs: Local Initiatives Support Corporation

Matt Josephs is the Senior Vice President for Policy for The Local Initiatives Support Corporation (LISC). LISC is a national non-profit organization that provides financial investments, policy support, and technical

Boys and Girls Club of San Antonio – May’s Family Clubhouse (2017)

San Antonio, TX

Boys and Girls Clubs, Community, Recreation, Youth and Families
CDEs: Local Initiatives Support Corporation

Financing for the Boys and Girls Club of San Antonio - May’s Family Clubhouse

The Equity Project Charter School (2016)

New York, NY

Community, Schools, Youth and Families
CDEs: Capital One, Local Initiatives Support Corporation

Construction of a 6-story facility with 16 classrooms, commercial kitchen & cafeteria, gym, green roof.

Alstom Transportation (2021)

Hornell, NY

Business Development, Manufacturing, Rural
CDEs: Bluehub, Chase, Community Development Venture Capital Alliance, Hampton Roads Ventures, Local Initiatives Support Corporation, Rural Development Partners

RDP allocated $10M in NMTCs to help Alstom expand their specialized manufacturing equipment line to rural America, and continue investing in Hornell (NY) as a key long-term U.S.

Powel Elementary School and Science Leadership Academy Middle School (2019)

Philadelphia, PA

Community, Schools
CDEs: Building America CDE, Local Initiatives Support Corporation, PIDC Community Capital, PNC

To expand educational opportunities for children and support families in West Philadelphia, Drexel University undertook the challenge of expanding the capacity and improving the facilities of two existing neighborhood public

Community Care Center (2012)

Brunswick, GA

Behavioral Health, Community, Dental Services, Healthcare
CDEs: Chase, Local Initiatives Support Corporation

The Local Initiatives Support Corporation, in partnership with Chase, provided $14.25 million in NMTCs to Southeast Georgia Health System’s Community Care Center.

Garden Grove Commerce Park (2018)

Garden Grove, CA

Business Development, Manufacturing
CDEs: Local Initiatives Support Corporation

The NMTC supported light industrial space outfitted for multiple manufacturers.

The Center for Pursuit (2020)

Houston, TX

Adult Education, Behavioral Health, College or Vocational Training, Community, Disability Services, Food Bank or Pantry, Healthcare, HFFI, Homeless Services, Mixed-use, Nonprofit Hub, Restaurants and Catering, Retail, Retail and Commercial, Shelters and Community Food
CDEs: Local Initiatives Support Corporation, PeopleFund NMTC, Texas Mezzanine Fund, Urban Development Fund (Aries Capital)

Financing to acquire, develop, construct and lease certain improvements on a campus providing services for persons with intellectual and developmental disabilities.

Anna Julia Cooper Episcopal School (2020)

Richmond, VA

Community, Private School, Religious Organizations, Schools
CDEs: Capital One, Local Initiatives Support Corporation

The project expands AJCES with a new building and gymnasium on a site adjacent to its existing school building.

SUPRSEED (2020)

Los Angeles, CA

Grocery and Fresh Food, HFFI, Retail, Retail and Commercial
CDEs: Local Initiatives Support Corporation

The purchase of the new building will allow SuprMarkt LA to move to a permanent brick and mortar location that will provide them additional space to offer education and healthy

Grady Center for Advanced Surgical Services (2020)

Atlanta, GA

Community, Fighting Cancer, Healthcare, Hospitals and Emergency Services, Safety Net Hospital
CDEs: Carver State Bank, CCG Community Partners, Community Hospitality Healthcare Services, Local Initiatives Support Corporation, Truist, Urban Action Community Development

A new, 555,000 square foot facility with eight operating rooms, four endoscopy rooms, a Cancer Center, surgical clinics including orthopedics, general surgery, ENT, oral surgery, an Eye Center, and imaging,

CDE: Local Initiatives Support Corporation

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Project Profiles and Stories