Latest News

COMMUNITY ORGANIZATIONS IN INDIANAPOLIS RECEIVE FUNDING THROUGH THE CITI FOUNDATION AND LISC TO HELP TRAIN WORKERS FOR GROWING JOB SECTORS

INDIANAPOLIS – The Citi Foundation and the Local Initiatives Support Corporation (LISC) today announced new funding through the Bridges to Career Opportunities initiative (Bridges) to help connect unemployed and underemployed residents in Indianapolis with quality jobs in growth industries. Four local nonprofits have been awarded a total of $700,000 to provide services that help job seekers increase their incomes, improve their credit, and raise their standards of living. Services include occupational skills training and career development, as well as personal finance coaching, continuing education courses (to strengthen math and reading skills), and resources to help job seekers secure child care … Continued

2019 Love Thy Neighborhood Awards Finalists Announced!

The 3rd Annual Love Thy Neighborhood Awards hosted by LISC Indianapolis will take place on Thursday, April 18, 2019 at the Indiana War Memorial. The event will start at 5 p.m. with a cocktail reception featuring heavy hors d’oeuvres and drinks provided by local entrepreneurs who have been impacted by LISC’s small business support. This will be followed with attendees moving into the beautiful auditorium space for the awards ceremony. This annual event will be glamorous, yet rooted in the authentic cultures of area neighborhoods. Tickets for this event are only $25 per person.   During the event, one project from each category … Continued

Upcoming Opportunities

Jan. 17: Flanner House Job Fair Jan. 18: Love Thy Neighborhood Award Submission Deadline at 11:59 PM Jan. 29: Prosperity Indiana 2019 Summit & Statehouse Day Feb. 5: Near Eastside Neighborhood Summit April 29: IHCDA Bridges Out of Poverty Workshop

Implementation Strategy for Great Places 2018-2020

The Great Places Steering Committee has led an outreach effort with funders, potential funders, and citywide/neighborhood implementation partners to develop key strategies and an implementation action plan to attract the funding and partnerships that will be needed to overcome key shared obstacles to making the Great Places plans a reality. We launched this new phase in December 2018 and we are moving rapidly into implementation of the collective work plan. Click here for up-to-date news on what is happening in the Great Places neighborhoods!

Mustang Ranch Undergoing Transformation Into Automotive Training Center 

Neighborhood development partners borrowed $55,000 from LISC Indianapolis to assist in acquiring the Mustang Ranch auto manufacturing facility, located at 3017 Doctor M.L.K. Jr St, and institute a training program initiative in the automotive technology field.

Funding Secured for KIPP Indy Legacy High School

LISC Indianapolis recently closed a $1.98M loan to KIPP Indy Legacy High School, 2255 Ralston Ave for charter school construction with plans to open and serve 125 students in 2020, with hopes to grow to 450 students by 2024. This school is a collaboration with Edna Martin Christian Center.

CICC is Largest Loan in LISC Indianapolis History

In December LISC Indianapolis closed on $4.1 M in construction financing to Teagan Development to renovate the Circle City Industrial Complex. This is the largest loan in Indianapolis LISC history and will transform the currently vacant southern portion of the building into multi-tenant commercial space with new retail, restaurant, and office space, and a one of a kind public “Maker’s Trail” through the building. Read more about this project in the Indianapolis Business Journal article here. 

Consortium Created to Link Investors with Opportunities

In November 2018,  LISC Indianapolis and numerous community partners launched the Opportunity Investment Consortium of Indiana, a program designed to accelerate the implementation of Opportunity Funds in Indiana, with a deal portal that matches investors to deals in Opportunity Zones while also matching deals to investment. Several opportunities have been submitted to the portal since the launch including mixed-use, multi-family, a hotel, brownfield redevelopment and more. The Consortium is attracting national recognition, check out this article in Affordable Housing Finance magazine. Want to get involved? Here are two opportunities: Join Prosperity Indiana for a half-day workshop following the 2019 Prosperity Indiana Summit to learn about how Opportunity Zones … Continued

Grain Selected as Tobias Leadership Fellow

LISC Indianapolis Executive Director, Tedd Grain, has been selected as a Tobias Leadership Fellow of the Randall L. Tobias Leadership Center in 2019. This year-long leadership program selects 15-20 fellows in Indiana and features experts from around the country who specialize in cutting-edge leadership principles and practices along with providing each Fellow with a professional coach who has a PhD in organizational and industrial psychology.

Inclusive Innovation Fellow Named

LISC Indianapolis is co-chairing with Central Indiana Community Foundation, the launch of an ongoing Inclusive Growth effort connected to Forward Cities, a national network focused on fostering inclusive innovation in partnering cities. This will create an ongoing forum for fostering Inclusive Growth in Indianapolis. Forward Cities has hired Kaliah Ligon as the two year Forward Cities Inclusive Innovation Fellow. Kaliah has served the Indianapolis community for the past ten years in several roles in grant-making, community building, outreach and organizing.

2019 Love Thy Neighborhood Awards Submission Deadline This Friday

We are currently soliciting nominations in all four award categories for the 2019 Love Thy Neighborhood Awards. An organization, individual, initiative or project can be nominated by a community member or they can self-apply. Three Nominees/Applicants will be selected as finalists in each category by a selection committee comprised of community development stakeholders. Nomination Deadline: Jan. 18, 2019 at 11:59 pm. Three finalists will be selected in each of four categories and announced prior to the event. The winner in each category will be announced on April 18, 2019. In addition, a People’s Choice Award will be given, determined by voting of attendees at … Continued

LISC Closes $4.1M Financing on the Circle City Industrial Complex:

We are delighted to announce on behalf of LISC Indianapolis the closing of $4.1M in construction financing for the Circle City Industrial Complex (CCIC). Constructed in the 1920s, the 539,000 sq. ft. CCIC was the original home to the Schwitzer Corporation, a major auto industry force during the post-World War I era. It is the cornerstone of the Mass Ave/Brookside Industrial Corridor, a hub for business and cultural activity on Indianapolis’ near Eastside and is the visually dominant gateway into the Near Eastside, a LISC Quality of Life neighborhood. LISC financing will be deployed to complete the shell, facade and … Continued

LISC lends $2M in financing for the new KIPP Legacy High School

We are delighted to congratulate KIPP Indy Public Schools and Edna Martin Christian Center on the closing with LISC of $2M in financing for the new KIPP Legacy High School located in the Martindale Brightwood neighborhood. The $11.265M project is an expansion of KIPP Indy and is a part of EMCC’s $4.3M redevelopment of it’s new 6.8 acre Leadership and Legacy Campus. At full enrollment, the new school will serve 451 students.   Local Initiatives Support Corporation (LISC) is partnering in this financing with Civic Builders Inc., manager of the Facilities Investment Fund, a new $100 million lending entity, funded … Continued

LISC Hiring Deputy Director, Assistant Program Officer

With residents and partners, LISC forges resilient and inclusive communities of opportunity  across America – great places to live, work, visit, do business and raise families. LISC Indianapolis is currently hiring for two positions: Deputy Director The Deputy Director is responsible for the day-to-day management of Indianapolis LISC’s programs and capacity building. The Deputy Director will work closely with the Executive Director to support a robust and growing LISC office in a competitive market. Deputy Director Full Description Assistant Program Officer – Social Determinants of Health The Assistant Program Officer –Social Determinants of Health will report to the Executive  Director or … Continued

Opportunity Investment Consortium of Indiana Launches to Support  Projects in Newly-Named Opportunity Zones 

INDIANAPOLIS, November 16, 2018 – Today, the Opportunity Investment Consortium of Indiana officially launched in efforts to intentionally champion the transformation of Opportunity Zone neighborhoods into vibrant places for residents and businesses.  The Consortium has just released an online portal to aid in matching projects in need of funding in these specified census tracts to potential investors. This morning in Indianapolis, more than 100 community partners and potential investors will gather to hear from expert panelists to learn how they can become more involved in this effort.  In April, Governor Holcomb nominated 156 Indiana census tracts to become Opportunity Zones. Civic leaders took immediate action, coalescing to launch the first statewide consortium … Continued