In The News: Cleveland’s housing investment fund open for business, hopes to raise $100 million (Cleveland.com)

Mayor Justin Bibb and Tiffany Durr, President of LISC Fund Management, stand with their partners from LISC Cleveland, KeyBank and the City of Cleveland during a press conference announcing the opening of the Cleveland Housing Investment Fund.

Excerpt: CLEVELAND, Ohio (March 18, 2025) -- City officials were among those who celebrated the opening of the $38 million Cleveland Housing Investment Fund during a Tuesday afternoon press conference at City Hall.

Mayor Justin Bibb joined representatives from KeyBank and nonprofit Local Initiatives Support Corporation to formally kick off the fund’s investments into affordable and mixed-income housing across Cleveland.

“We have a crisis in our city and a crisis nationally when it comes to access to good quality affordable housing,” Mayor Justin Bibb said during the event. “This project is about housing, creating real wealth in the neighborhoods and making sure our residents get more than their fair share of investment in our city....”

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