2018 Year in Review

Dear Partners,

We are pleased to provide this Year in Review highlighting LISC NYC's programmatic achievements in 2018.

New York City's community development sector is constantly developing and changing, and LISC NYC continues to adapt with it. It was a year in which we celebrated longstanding partners like Hope Community and Fifth Avenue Commitee, and welcomed new partners in both housing (Community League of the Heights) and economic development (Brooklyn Navy Yard Development Corporation). We completed the first cycle of new initiatives like the New York Land Opportunity Program (NYLOP) and the Commercial Corridor Challenge, and launched new innovations such as NYLOP 2.0, the NYC Inclusive Creative Economy Fund, and planning for a community health partnership.

All the while we continued to support our partners to create and preserve spaces -- both residential and commercial -- that allow low- and moderate-income New Yorkers to live, work, and contribute to the cultural fabric of the city. We closed $28 million in loans, supporting over $280 milion investment in afordable housing and equitable economic development projects. Our lending and technical assistance resulted in 1,398 units of affordable housing and 145,000 square feet of affordable space for the inclusive creative economy. Our partners at the National Equity Fund closed on $104 million in Low Income Housing Tax Credit equity, financing an additional 477 units of affordable housing.

Please join me in celebrating the work of LISC NYC's dedicated staff and partners in making a more equitable and inclusive New York City. Here's to making 2019 even more impactful...!


Sam Marks, Executive Director, LISC NYC

Affordable Housing

Financing & Technical Assistance

Economic Development & Community Spaces

New Initiatives & Projects

Healthy Neighborhoods

Commitment to Health Equity

Events & Tours

Lifting Up the Field

Throughout 2018, LISC NYC created opportunities to highlight the critical community development work taking place in neighborhoods across New York City, beginning with our annual Big Apple Innovation Awards in January, a tour of South Bronx projects supported with HUD Section 4 capacity building funds with HUD Regional Administrator Lynne Patton in February, and a summer tour of IMPACCT Brooklyn projects as part of our Cashin Fellowship Program. Two of our 2018 Cashin Fellows wrote a blog post about their reflections on community development.

Photo credit

LISC NYC in the News

In case you missed it, check out some of our press highlights and published articles in 2018: 

Special Thanks to Our Supporters

The work highlighted in this newsletter would not be possible without LISC NYC's generous supporters. See the full list of those we thank here