Local Initiatives Support Corporation (LISC) Indianapolis is the local office of the country’s largest community development corporation. We are dedicated to transforming distressed neighborhoods into healthy and sustainable communities—good places to work, do business, and raise children.
By mobilizing corporate, government, and philanthropic support, LISC provides financing, technical advice, management and program consulting, training, and policy support to neighborhoods. We help neighborhood-based organizations organize, identify results they aim to achieve, create plans, and then help implement them—a process we call quality-of-life planning.
We work to restore housing, stimulate economic development, champion education, create avenues out of poverty, and support healthy environments and lifestyles. Our efforts are based on the proven principle that sustainable revitalization works best when it is driven by community residents and stakeholders, not imposed from the outside.
Over the past 20 years, LISC Indianapolis has invested $300 million, and leveraged additional investments of more than $727 million, in programs and projects across Indianapolis. Perhaps our greatest community development achievement to date took place leading up the to the 2012 Super Bowl in Indianapolis. We worked with Near Eastside residents and community partners to make the entire Near Eastside Legacy Initiative possible. In all, LISC invested $16.5 million in the Legacy Initiative in the form of grants, loans, and New Market Tax Credits, leveraging an additional $140 million in investments.
2015 Accomplishments At A Glance
In 2015 LISC Indianapolis invested more than $15 million into urban neighborhoods in grants, loans, and equity. This supported 30 different non-profits, assisted 2,905 families and 102 businesses, built 91 homes, and improved 437,000 square feet of commercial space. We also support programs that enabled 528 family members to obtain jobs, over 500 families to increase their income, and the creation of 83 new neighborhood jobs.