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2014 FOCUS Facade Application Due May 30th

If you know of a small business in Indianapolis/Marion County doing great work and looking to improve their storefront, this is a great opportunity. The City of Indianapolis and Local Initiatives Support Corporation’s Commercial Façade Rebate Program offers reimbursement grants for business and property owners who engage in visible improvements to the front of their property. This is a rebate program where business and property owners receive reimbursement for up to 50% of the cost of the project, in amounts ranging from $1,000 to $20,000 for completed work. The program also develops relationships between local businesses and their area non-profit … Continued

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Northeast Quality of Life Plan Unveiled

The Unveiling Event of the Northeast Corridor Quality of Life Plan was a great success! There were over 260 stakeholders, politicians and neighbors present to learn about action goals towards improving mass transit, implementing grocery stores, developing access to healthcare, and more. With the support of LISC, the Northeast Corridor Quality of Life plan was developed from the grassroots level over the past 16 months and powered by 928 people and 87 organizations who were involved in the planning process. Guided by Amandula Anderson, executive director United Northeast Community Development Corporation, and Ben Harris, a community builder with the King … Continued

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The Working Poor Should Be Better Off

“The working poor should be better off than the non-working poor.” So says my good friend and tireless champion for the dispossessed, Gregg Keesling, who runs a very successful social enterprise employing ex-offenders here in Indianapolis. It’s a theme that resonates across the network of LISC-sponsored Financial Opportunity Centers (known as Centers for Working Families in Indianapolis). There’s much rhetoric about why the poor stay poor, but the FOCs are seeing people every day who work for living but seem to get nowhere. It’s a complicated dynamic – partly behavioral but mostly about lack of assets – social capital, educational attainment, … Continued

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2013 Program Activity Totals $16 Million

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The LISC Story: In Their Own Words from Well Done Marketing on Vimeo. 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 … Continued

Northeast Corridor Quality-of-Life Unveiling Event

All are invited to the Northeast Corridor Quality-of-Life Unveiling on March 27 at 4:00 pm at 3908 Meadows Drive.  For more information and to register for the event please go to: NE Corridor Community Unveiling Invite.  LISC has supported this plan that covers the neighborhoods of King Park, Martindale-Brightwood, United Northeast and Millersville at Fall Creek Valley. For more information on the NE Corridor process, please visit www.necorridor.com.  As Erika Smith reports in the Star, ”What could the Meadows look like? Imagine boulevards for bicycles and buildings designed around mass transit, the mode of transportation that many residents use. Imagine a grocery store … Continued

Your Input Needed on Development Projects

Help LISC identify financing and technical assistance needs for development projects in 2014 by taking this brief 9 question survey HERE. Estimated time to complete this survey is 3 minutes. These projects include single or multi-family housing, facilities (childcare, charter school, recreation healthcare), and commercial or small business development. Thank you for helping LISC identify the development needs in Indy! We look forward to hearing from you.

Rental Development in Our Urban Core

LISC convened a roundtable of developers and lenders last October to engage local real estate experts and the City of Indianapolis in a discussion about how rental housing development could be improved and encouraged in core neighborhoods. A summary of this discussion can be found here. These discussions identified specific challenges and opportunities in accessing project financing and public subsidy, as well as improved collaboration around a range of issues including securing commercial tenants, acceptance of density, transit investment, environmental remediation, and land assembly. The meeting was facilitated by the Indiana Association of Community Economic Development and sponsored by Huntington … Continued

NYT Magazine Highlights LISC’s Twin Accounts Program

The New York Times Magazine highlights LISC’s Twin Accounts program in the article: “How Credit Card Debt Helps the Poor.” Without access to credit, low-income working families face limited economic opportunity. Landlords, employers, and insurance companies look at credit scores as part of their decision making process. Individuals with low credit scores lack access to quality rentals, are unqualified for certain jobs, and are required to pay deposits for utilities. The LISC supported Centers for Working Families work with people to get jobs, reduce debt, and build savings. One of its most important services is helping people gain access to … Continued

NFL Foundation Grassroots Program RFP

Does your community football field need improvements? Apply now for the NFL Foundation Grassroots Program for matching dollars for capital improvement projects. The application deadline is February 14, 2014. The NFL Foundation Grassroots Program is a partnership of the National Football League Foundation, which provides funding for the Program, and LISC, which provides technical assistance and manages the Program. The goal of the NFL Foundation Grassroots Program is to provide non-profit, neighborhood-based organizations with financial and technical assistance to improve the quality, safety, and accessibility of local football fields. The NFL Foundation Grassroots Program provides grants of up to $200,000 … Continued

Community Safety Initiative Partnership Awards

MetLife Foundation and the Local Initiatives Support Corporation (LISC) are partnering for the thirteenth year to recognize, sustain and share the work of innovative partnerships between community groups and police to promote neighborhood safety and revitalization. Through this awards program, MetLife Foundation and LISC will identify and honor partnerships that exhibit tangible accomplishments in their efforts to advance the process, outcome, and/or evaluation of potent police‐community collaborations. Eligible applicants must be member organizations of partnerships that include, but need not be limited to, community organizations and police. Winning partnerships receive monetary awards ranging from $15,000 to $30,000 and their work … Continued

2013 LISC Highlights

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. 2013 real estate highlights included: Clifton Square –LISC provided a $385,092 predevelopment loan and $9.5 million in equity for predevelopment      and construction of this 57 unit, four story apartment … Continued

Renew Indianapolis Land Bank Website

The Renew Indianapolis land bank website is now live. You can use it to search the inventory across the city, make inquiries on purchasing a property, review the RFP process, and much more. Bill Taft, LISC Executive Director, is on the board of Renew Indianapolis and has partnered on this initiative since its inception. LISC is exited to see continued neighborhood revitalization in ensuring property is redeveloped alongside comprehensive community development strategies to bring renewed value to our communities.

The State of Financial Security of Hoosier Families

The Centers for Working Families is LISC’s platform in lifting up low-income families out of poverty and into the economic mainstream by helping families increase earnings and develop assets. The CWF program was featured as part of a guest blog on the Institute for Working Families website to show the need for both private and public sectors to come together and restore economic mobility to Hoosier families. From the Institute for Working Families Blog: GUEST BLOG: New Scorecard Confirms Nearly Half of Hoosiers in a Persistent State of Financial Insecurity By Anne Guthrie: Anne is the Center for Working Families (CWF) … Continued

Visualize FOCUS Impact on Fountain Square

LISC’s FOCUS program has been a key supporter in transforming the Fountain Square neighborhood into a social and cultural destination for the city of Indianapolis. Check out at the great infographic by Visualize Indy on Fountain Square to see a visual impact of long-term, carefully planned community development. Visualize Indy is a community based project dedicated to showcasing the city of Indianapolis and greater Indiana.

NSP Transforms Neighborhoods

Watch this video highlighting the progress and growth resulting from a $29 million investment in our community during 2009-2013. LISC was already working in neighborhoods to assist residents develop Quality of Life Plans, which set a resident-led vision and course of action necessary to revitalize their communities.  When investments from the Neighborhood Stabilization Program (NSP) came into these communities, Quality of Life Plans were in place that allowed investments to quickly realize resident-drive goals. See how NSP transformed neighborhoods and people’s lives by building new housing units, creating parks and new community spaces, demolishing unsafe structures, and renovating homes into beautiful and … Continued