A Year in Review

Who said that helping neighborhood residents create healthy and sustainable places of choice and opportunity couldn’t be fun?

In 2015, we provided technical assistance and more than $18 million in loans, $20 million in equity, and $200,000 in grants to partner organizations that are working diligently to make each DC neighborhood a good place to live, work, raise children, and conduct business.

We had a great time celebrating with our partners as the community broke ground on construction sites or opened the doors to new residents.

Seeing the ground work laid for residents and community members to have access to affordable housing, fresh foods, safe neighborhoods, metro-accessible jobs, and centers for opportunity  made each event memorable. Below are some examples:

Good Food Markets makes available fresh and affordable foods to the Woodridge community.  Our package of resources to Good Food Markets has gone a long way in helping them literally open their doors, while simultaneously creating the space for others to invest in this much needed grocery store.

Owen Place, Open Arms Housing’s second permanent supportive housing residence in Washington, DC’s Trinidad neighborhood, will provide permanent housing for four homeless women with mental health issues and physical disabilities.

Access Housing Inc. Southeast Veterans Service Cen­ter (SEVSC)’s transitional housing program provides an extensive list of services for homeless veterans, providing them with the tools needed to successfully return to civilian life.

Edgewood Commons, a long-standing affordable housing community in Ward 5’s Edgewood-Brookland neighborhood has undergone significant revitalization.

Pleasant Park Cooperative purchased their 60 unit building through the Tenant Opportunity to Purchase Act (TOPA), which gives tenants valuable protections, including the right to buy their building, when a landlord wishes to sell, demolish or discontinue housing.

SOME’s Conway Center will be the first facility in the District where poor and homeless Washingtonians can access affordable housing, job training and health care.

THEARC is undergoing a 92,000 square foot expansion.  The new building will be added on the west side of the campus and will feature a black box theater and four partner organizations, including an early learning public charter school and an all-boys private school.

Phyllis Wheatley YWCA will undergo a $17 million renovation that will preserve 84 permanent, supportive, and affordable housing units for low-income women.

Weinberg Commons is home to 24 low-income families and 12 formerly homeless families. It is the country’s first multifamily retrofit Passive House project, meaning it adheres to strict energy efficiency standards, is very sustainable and utilizes a green architecture approach.

Genesis is a 27-unit intergenerational affordable housing community consisting of single mothers transitioning from foster care and senior citizens.

As you can see, in 2015, we had a lot of  fun helping our neighbors build communities.
Thank you for adding to our fun and being part of our LISC family.
Wishing you a bright New Year.
See you in 2016.