Indianapolis LISC emphasizes comprehensive community development to transform neighborhoods into great places to live, work, do business, and raise families. Check out the video above on LISC's comprehensive community development strategy.
Last year, Indianapolis LISC invested $16,399,297 in grants, contracts, loans, and equity in 2013 to support comprehensive urban redevelopment projects and programs. This is approximately a 22% increase over the 2012 investment. The increase is due to a strong focus by LISC to grow its loan and equity portfolio - which was up 32% over 2012 levels. LISC approved three loans, five recoverable grants, and two equity investments in 2013 totaling $15,060,092.
In addition to the loan and equity portfolio, LISC invested $1,339,205 in grants and contracts to support neighborhood development. The 2013 grants helped fund neighborhood community builders and supported housing, economic development, family wealth building, education, and health and wellness.
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