Latest News

2017 LISC Indianapolis Annual Report

In 2017, LISC invested more than $22 million into Indianapolis neighborhoods in grants, loans, and equity. This supported 30 different non-profits, assisted 68 businesses, built 106 homes, and improved 643,343 square feet of commercial space. Please click here to read the 2017 LISC Indianapolis Annual Report, or click the image to the right. LISC National zeroed in on the year’s essential investments that propelled remarkable progress in connecting Americans with opportunity. Read on to learn how LISC has fostered the wellbeing of our neighbors and nurtured growth and cohesion in communities across the country. Click here to read the LISC National 2017 … Continued

Facade Program Applications Due April 13

In November 2016, Brent’s Elite Cleaners, located at 25th and Wheeler, caught fire. IFD was able to contain the blaze; however, the business sustained significant fire and smoke damage. In 2017, the business applied for and received a Small Business Facade and Property Improvement Grant from LISC and partners that allowed them to make major improvements after the fire including fixing the exterior brick, windows, door, awning and signage, and interior improvements including floor resurfacing, new front lobby counters and a new bathroom. Elite Cleaners opened their doors again in early 2018. The Small Business and Property Improvement Grant is a rebate … Continued

We Need Your Help: Preserve Section 4 Program

In many neighborhoods and communities in our state, Section 4 funds are able to leverage private sector dollars to create jobs, to build housing, to support small businesses, and to strengthen communities. 1,094 state and local community development and housing organizations throughout the country expressed their support for Section 4 through the national sign on letter. Now it’s time for Congress to hear from CDCs in their state. Senator Joe Donnelly (D-IN) is circulating a Dear Colleague letter for Section 4 and we hope that you contact your Senators to encourage them to sign on. The House Dear Colleague was a … Continued

Love Thy Neighborhood Awards – April 26, 2018

The 2nd Annual Love Thy Neighborhood Awards will take place on Thursday, April 26, 2018 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 by an awards ceremony recognizing community game changers in the Indy region. Click here to see the 2018 finalists! During the event, one project from each category below will be awarded $2,500! Plus, after watching a short video on each finalist, event attendees will vote on their favorite for the $5,000 People’s Choice Award. Tickets for … Continued

Riverside High School Secures Funding

LISC closed a $1 Million loan to Riverside High School, a second campus of Herron High School, in December that will be used to bridge the equity investments generated by the use of the Federal Historic Preservation Tax Credits. The school opened in August at Marian University with a priority of serving teens from the Northwest Area and King Commons Great Place. It will be moving into the historic Naval Armory this summer.

Meet Indy’s Newest Community Builders:

Meet Indy’s Newest Community Builders: Michelle Strahl Salinas As a lifelong South Indy resident, Michelle is proud to advocate for her community as Director of the South Indy Quality of Life Plan and Manager of the Garfield Park Farmer’s Market. She has lived in Garfield Park since 2006 with her husband and 4 children. Building a sense of community through neighborhood and youth serving nonprofit organizations is her passion. She has had a diverse background which includes degrees and work in Environmental Design of Urban Planning, Nonprofit Management and Elementary Education Casey Seaton Casey Seaton is Midtown Indy’s (Maple Crossing … Continued

LISC appreciates the generous support of State Farm

LISC appreciates the generous support of State Farm, who announced a $4 Million grant last month to expand our long-time partnership with new funding to boost economic opportunities in 11 cities, including Indianapolis.

Free Workshop Advancing Economic Development and Workforce Readiness

The IU Public Policy Institute and the National Academies of Sciences Engineering and Medicine are hosting a free workshop at IUPUI on April 25 entitled Advancing Economic Development and Workforce Readiness in Micropolitan Areas. View the agenda and register here. 

Reconnecting to Our Waterways is Hiring!

Reconnecting to Our Waterways (ROW) is looking for passionate individuals who can facilitate collaboration among ROW stakeholders while working to achieve the collective’s strategic goals. The two full-time (independent contractor) positions are: Collective Impact Director, and Waterways & Communications Coordinator.   They will accept applications for both positions through April 15.

We Need Your Help: Preserve Section 4 Program

In many neighborhoods and communities in our state, Section 4 funds are able to leverage private sector dollars to create jobs, to build housing, to support small businesses, and to strengthen communities. 1,094 state and local community development and housing organizations throughout the country expressed their support for Section 4 through the national sign on letter. Now it’s time for Congress to hear from CDCs in their state. Senator Joe Donnelly (D-IN) is circulating a Dear Colleague letter for Section 4 and we hope that you contact your Senators to encourage them to sign on. The House Dear Colleague was a … Continued

Bill Taft Taking on New Role at LISC National

LISC Indianapolis Executive Director Bill Taft was recently promoted to Senior Vice-President for Economic Development for the National LISC office. His role will include leading the expansion of LISC’s economic and workforce development efforts nationally. Click here to view the full announcement.  A search committee has been formed led by members of the LISC Indianapolis Local Advisory Board to conduct an internal and external search to fill this role. Please click here to view the job description. Thank you, Bill, for your service to LISC Indianapolis! We look forward to working with you to build economic and workforce development in neighborhoods across … Continued

PUP Daylight Series to Highlight Design in Indianapolis

People for Urban Progress will host DAYLIGHT, a new six-part speaker series on design in Indianapolis. Season one will focus on The Built Future of Indy. The first event, Designing the Third Place, will take place on April 17, beginning at 7:30 am with coffee and donuts. The discussion will be lead by Angela Smith Jones, Deputy Mayor of Economic Development for the City of Indianapolis. Please register here to reserve your seat!

Submit Opportunity Zones to Governor Holcomb – Deadline tomorrow!

What is an Opportunity Zone: The Tax Cuts and Job Acts of 2017 established Opportunity Zones to spur long-term private sector investments in low-income urban and rural communities. Under this Act, governors from each state can designate up to 25 percent of the total number of low-income census tracts in a state as Opportunity Zones. Investments in these areas will benefit from tax incentives. The program establishes Opportunity Zones as a mechanism through which investors with capital gains tax liabilities across the country may receive preferential tax treatment for investing in Opportunity Funds certified by the U.S Treasury Department. Opportunity … Continued

State Farm provides $4 million grant to help LISC grow businesses, jobs, safety

State Farm provides $4 million grant to help LISC grow businesses, jobs, safety NEW YORK (March 21, 2018)—A national effort to boost economic opportunities for underemployed workers and underserved communities got a major boost this week, as State Farm announced a $4 million grant to the Local Initiatives Support Corporation (LISC) to fuel work in 11 cities. The new grant will help LISC strengthen its national Financial Opportunity Center (FOC) program, which is proven to help people increase their incomes, build credit, and save for the future. FOCs help people work toward economic stability through education, long-term financial coaching, and … Continued

CDFIs & Impact Investing: An Industry Review

A new white paper from LISC offers an overview and analysis of the CDFI industry and its trajectory of social impact investing. The field of community development financing is changing radically, and as pools of funding shift and contract, it is more important than ever that CDFIs diversify their resources and develop new tools to carry on their important work. Not only do CDFI investments help strengthen communities, the paper contends, they also provide a robust rate of return and fuel the larger economy. http://www.lisc.org/our-resources/resource/cdfis-impact-investing-industry-review