LISC Impact Notes Investment Program

Provided by LISC (Local Initiatives Support Corporation)

Houston, TX

About this service

LISC Impact Notes are investments that help people make money while supporting community development projects. These notes let residents invest in programs that build affordable housing, create jobs, and improve neighborhoods. The money you invest goes toward making communities stronger and healthier. You can earn returns on your investment while helping your community grow. This program is available to residents of most U.S. states. You must live in an eligible state to participate in this investment opportunity.

Details

Who can use this

Residents of eligible states (all states except Tennessee and Washington)

Cost

Not specified

Organization

LISC (Local Initiatives Support Corporation)

LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families.

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Investment Companies for Community DevelopmentLISC helps communities get money to build affordable housing, schools, and businesses through special investment companies. These companies connect people who have money to invest with community projects that need funding. They focus on neighborhoods that don't usually get enough investment. The companies help with things like affordable housing, health centers, job training facilities, and small businesses. They have invested over $26 billion total to help communities grow and improve.

Matching Gifts ProgramThis service helps you double your donation to LISC through your employer's matching gift program. Many companies will match the money their employees give to charity. The service includes a search tool to find out if your company offers matching gifts. You can also get the forms and instructions you need to request the match. This works for current employees, retirees, and sometimes spouses too.

Community Development LoansLISC provides loans to help build stronger communities. They lend money to groups that want to create affordable housing, charter schools, health centers, and small businesses in areas that need more resources. They also help nonprofits and food projects. LISC works with groups that might not get loans from regular banks. They offer different types of loans, from early planning money to long-term financing. Organizations across the country can apply to work with LISC for funding their community projects.

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The secret of happiness, you see, is not found in seeking more, but in developing the capacity to enjoy less.
Socrates.

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