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Detroit LISC

The Detroit LISC is a local organization within the national LISC network. National LISC, founded in 1980, is the largest community development support organization, partnering with more than 2,400 CDCs in over 300 rural and urban communities. Since its inception in 1990, Detroit LISC has invested over $ 100 million and leveraged $650 million in funding for revitalization. The organization's mission is to develop strategic relationships that serve as the catalyst to empower neighborhood developers, using financial and technological resources to build economically viable neighborhoods. LISC provides local CDCs access to capacity building, technical assistance (TA), and financial resources to assist them in transforming neighborhoods. By accessing these and other resources, CDCs are better able to develop affordable housing and businesses as well as parks, playgrounds, healthcare facilities, and more.

Detroit LISC's SIAs are one reason it was named one of National LISC's eleven Sustainable Communities. Sustainable Communities is a national push propelling community development beyond a traditional focus on affordable housing and toward a more strategic, comprehensive, sustainable approach. There are five core objectives:

• Expanding capital investment in housing and other real estate.

• Building family income and wealth.

• Stimulating local economic activity.

• Improving residents' access to quality education.

• Developing healthy environments and lifestyles.

To be fully realized, each of these objectives must be rooted in neighborhood organizing, participation, and planning, requiring LISC to become more engaged in building relationships among residents, funders, program providers, policymakers, and other stakeholders. As a fiscal intermediary, LISC's historical role has been underwriting and financing real estate development. Within Sustainable Communities, it integrates those efforts with other strategies – within a neighborhood's vision.

 
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