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Increase Family Wealth

Increase Family Wealth

Building family wealth and income, including connecting low-to-moderate income families to the financial and labor market mainstream and creating opportunities for homeownership is another critical element of sustainable communities.

One sign of a thriving Sustainable Community is that residents feel confident that their lives will improve or remain stable, their incomes rise, and their job prospects will improve. LISC’s affordable housing development programs advance this goal by providing a baseline of economic stability and the opportunity to build equity. When a family moves into affordable housing they gain not only shelter, but a stable foundation on which to build their lives. 

An example of how we are undertaking this goal:

Buffalo LISC investments have included more than $135 million in project development costs creating 1,592 units of affordable new & rehabbed housing units and over 122,000 square feet of community space.