Low Income Investment Fund

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Last updated 24 May 2020, by Impactyield.

Description

Over the past 34 years, LIIF has invested $2.4 billion in America’s most vulnerable communities to expand opportunity through affordable housing, high quality schools and child care, health centers and equitable transit-oriented development.. Our investments target America’s hardest-to-reach communities: low income and very low income families. We understand that making positive changes in people’s lives yields real social returns, such as greater individual earning potential and increased savings. Meanwhile creating more self-sufficient, sustainable, and economically vibrant communities yields a financial win for investors and the economy as a whole. To date, we’ve invested $2.4 billion in capital and technical assistance in low income communities, leveraged another $10 billion for development projects, and served 2 million people nationwide. Over the past 34 years, our actively managed portfolio has achieved a default rate of less than 0.5% and a repayment rate of 100% to all of its investors.. As one of the oldest and largest Community Development Financial Institutions (CDFI) in the country, LIIF is seen as a thought leader in the impact investing space. LIIF applies a uniquely integrated approach to community revitalization that addresses all the needs of a neighborhood, instead of siloed solutions that only address individual components. One of the ways we do this is by co-locating proven solutions such as affordable housing, childcare, & healthy food under the same roof to create healthy communities. LIIF’s theory of change also goes beyond such revenue-generating lending activities, to include grant-funded Early Childhood Education (ECE) initiatives, federal and local policy advocacy, and outcomes tracking. In 2014 LIIF developed a free, first-of-its-kind Social Impact Calculator, which allows any investor to put a dollar value on the impact of their investments.

Incorporation year: More than 10 years

Headquarters location:

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Total firm assets under management: >$250MM

Membership and other professional affiliations:

Years top investment professionals have worked together:

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