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Connecticut Statewide LISC is one of over 30 local programs of the Local Initiatives Support Corporation (LISC), the nation’s largest community development support organization. Our mission is to help community residents create healthy and sustainable places of choice and opportunity – good places to live, work, raise children and conduct business. We mobilize corporate, government, individual donor and philanthropic support and invest these resources into the projects, programs and initiatives that build on the assets and address the challenges of the towns and cities throughout Connecticut.
Maurice Jones, the new President & CEO of LISC, has been busy! Read his response to a New York Times article examining U.S. Census data that shows an uptick in prosperity across the country. Good news, he says, but there's still much to be done, and anti-poverty efforts must tackle multiple fronts, all at once, to make a difference for low-income Americans. Also, read his reflections from his first month on the job in this blog post.
2. Half of all renters and more than a third of all homeowners in Connecticut – many who are ALICE families – are burdened by their housing costs.
3. When households are overburdened by housing costs, they are faced with making tough choices
LISC led a workshop on "making the case for affordable housing" at the annual conference of the Connecticut Housing Coalition on September 29, 2105 at the Connecticut Convention Center.
Widespread research demonstrates that affordable housing enables families to thrive while also supporting healthy local economies. Attendees heard the experiences of housing groups in Waterbury, Norfolk and Ridgefield on approachesthey have taken to raise awareness and advance affordable housing development in their cities and towns.
LISC's presentation is available to dowload here.
The State of Connecticut has made an historic investment in transit that opens the door to economic vitality and opportunity. The State of Connecticut, the Connecticut Housing Finance Authority (CHFA) and LISC have created a $15 million loan fund to encourage transit oriented development around station stops on bus rapid transit and commuter rail corridors. These include: CTfastrak, the Hartford rail line, Shoreline East and MetroNorth – both the New Haven main line and the branch lines to New Canaan, Danbury and Waterbury. The fund offers predevelopment and acquisition loans to eligible projects and developers.
Transit oriented development (TOD) features a mix of uses, including new housing, retail commercial and office space near transit stops. TOD encourages the use of mass transit, reduces reliance on driving and fosters more compact, walkable communities. TOD can help communities expand access to jobs and education while jump-starting community revitalization.
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