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30 Years of Community Investment in Washington, DC by LISC: Transforming Lives and Neighborhoods

For over 30 years, the Local Initiatives Support Corporation (LISC) has been a catalyst for community development in Washington, DC. Founded in 1982, LISC has invested over $64 million in loans, $12.5 million in grants, and supported 50 nonprofit borrowers, rejuvenating neighborhoods and enhancing the quality of life. Through initiatives like the Neighborhood Investment Fund and impactful projects, LISC has facilitated the preservation of over 2,200 homes, established medical centers, community centers, and food banks, making a lasting difference in the community.

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30 Years of Community Investment in Washington, DC by LISC: Transforming Lives and Neighborhoods

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  1. Washington, DC LISC 30 Years of Community Investment

  2. Year Founded 1982

  3. # of Executive Directors 3

  4. Loans $64,570,984

  5. Grants $12,508,186

  6. Recoverable Grants $3,366,626

  7. LIHTC Equity $31,923,079

  8. New Market Tax Credit Equity $18,700,000

  9. # of Nonprofit Borrowers and Grantees 50

  10. Contribution to the Community Development Support Collaborative $1,000,000

  11. Operating Support Provided to 50 Nonprofits $5,092,329

  12. Program Manager for District of Columbia Government Neighborhood Investment Fund - Predevelopment Grant Program Performed Underwriting for 61 Residential-Community Facilities and Mixed Use Projects

  13. # of Homes (New & Preserved) 4,453

  14. 6 Medical Centers

  15. 2 Grocery Stores

  16. 4 Shopping Centers

  17. 2 Dance/Art Centers

  18. 2 Senior Service Centers

  19. 3 Youth Centers

  20. 2 Education Centers

  21. 4 Multipurpose Community Centers

  22. 3 Theaters

  23. 2 Football Fields

  24. 1 Food Bank

  25. 5 Early Childhood Learning Centers

  26. 3 Program/Office Headquarters

  27. Milestone Investments in Neighborhood Revitalization

  28. East River Park Shopping Center by Marshall Heights Community Development Organization

  29. H Street Plaza 600 H St. NE by H Street Community Development Corporation

  30. Whitelaw Hotel into Whitelaw Apartments by Manna, Inc.

  31. Peoples Drugs (CVS) 7th and Florida Ave. by Peoples Involvement Corporation

  32. The Nehemiah Project • Nehemiah Shopping Center • Nehemiah Townhomes • Nehemiah Cooperative • by Development Corporation of Columbia Heights • Manna, Inc. • WISH

  33. Creation of DC LISC Community Facilities Fund

  34. The Homeownership Group 78 Vacant Properties into 104 Homes by Development Corporation of Columbia Heights North Capitol Neighborhood Development Corp. 13th and Irving Development Corporation New Columbia Community Land Trust Manna, Inc. Mi Casa

  35. Plaza 8 (offices & medical) & The Shops at Park Village In Congress Heights

  36. Building Sustainable Community Neighborhoods Parkside-Kenilworth Promise NeighborhoodSouthwest

  37. TOPA: Preservation of Existing Affordable Housing Investment: $28,729,440 Preserved Homes: 2,235

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