The U.S. has an affordable housing crisis. As one of the nation’s most experienced investors in affordable and mixed-income housing, LISC SI partners with private and public investors to build, rehab, and preserve affordable housing in cities and rural areas across the country.
Nearly half of renters are cost-burdened and an estimated 11 million housing units are needed to address the crisis. Government subsidies can only do so much and cover so many people.
Teachers, first responders and nurses typically earn too much to qualify for housing subsidies and are increasingly unable to afford rents close to their jobs. While housing prices continue to grow, so do the labor, materials, and other costs of building, renovating, and preserving affordable housing.
Government subsidies alone aren’t solving the housing crisis faced by families and communities across the country.
Our work is to creatively address affordable housing needs, using all the tools at our disposal, to deliver workforce housing, mixed-income housing, and housing close to education and healthcare services.
WE INVEST IN
Deeply Affordable Housing
Combining private and philanthropic capital with existing resource pools to bring truly affordable housing to communities.
Creating housing for low to moderate income families is important to healthy communities.
Mixed Income Housing
Influencing market-rate developers with impact capital to shift affordable units.
Access to Education & Healthcare
Creating innovative financing solutions to support affordable housing in close proximity to education and healthcare services.
INVESTMENTS AT A GLANCE
Managed affordable housing funds in 2019-2020
AFFORDABLE HOMES & APARTMENTS
Invested in communities since 1979