LISC DC Launches a $50 Million Elevating Equity Initiative

LISC DC is proud to announce the launch of our Elevating Equity Initiative, a $50 million comprehensive effort to help foster equity, inclusiveness, and an improved quality of life in the neighborhoods surrounding the future 11th Street Bridge Park.

On May 11th, we will share our commitment to provide resources that help long-term residents and newcomers – regardless of their income – live, work, and thrive in the neighborhoods adjacent to the 11th Street Bridge Park.

To support the residents living within the Bridge Park Impact Area (neighborhoods within a one-mile radius of the future site of the 11th Street Bridge Park), LISC DC will work through our nonprofit partners to provide loans, grants, equity, in-kind services, and technical support.

These investments will go towards ensuring that residents have access to housing that is affordable and essentials such as medical care, arts, services for youth and seniors, and early learning centers.

LISC DC’s partnership with the 11th Street Bridge Park has evolved over the years. We’ve provided grant support as well as intensive technical assistance to Bridge Park, significantly helping in the development and program management of their Equitable Development Task Force and Plan, as well as providing data analysis and mapping along the way.

Photo Credit: Jeff Salmore

Over the course of 2015, LISC DC and Bridge Park held meetings with community members and stakeholders, government officials, business owners and policy experts, resulting in the development of the Equitable Development Plan (EDP). The EDP includes key actionable recommendations that the Bridge Park and its partners can take in the areas of workforce development, small business enterprise, and affordable housing.

Our Elevating Equity initiative will comprehensively target neighborhoods through LISC’s five pillars of community development:

  • Expanding investment in the production and preservation of affordable housing
  • Increasing family income and wealth
  • Stimulating economic development
  • Improving access to quality education
  • Supporting healthy environments and lifestyles

Elevating Equity is LISC DC’s commitment to fostering inclusive and equitable development in the Bridge Park Impact Area. Stay tuned to learn more about this initiative.