COVID-19 Resources
LISC Detroit continues to support Detroit communities and neighborhoods during this unprecedented time. As the COVID-19 pandemic unfolds, LISC is taking action to ensure that we continue to support the people and places where we work. Visit our national website to learn more about the LISC COVID-19 response. [...]
LISC Small Business Relief Grants
We will support small businesses and enterprises affected the Covid-19 across the country, especially those in underserved communities, including entrepreneurs of color, women- and veteran-owned businesses that often lack access to flexible, affordable capital. To find out more about the grants and application, please visit our National website. [...]
Investing with a larger vision
Our work to build stronger, more sustainable communities is guided by a larger vision of community development. Since 1990, we have invested more than $200 million in Detroit's neighborhoods to create good places to live, do business, and play. The key to our success has been our expanded vision of community development.
The projects we invest in are creating jobs, making communities safer, providing new educational opportunities, and helping families enter the economic mainstream of American life. They are creating new hope in neighborhoods where hope and opportunities have been in short supply for far too long.
Our Stories
Investing In A Future For Us All: LISC’s 2023 Annual Report is here!
It was a year of new leadership, new vision and renewed commitment. We invested an extraordinary $2.4 billion and doubled down on our work to create affordable housing, catalyze financial opportunity and promote climate resiliency. And so much more.
$1 Billion in Affordable Housing in 5 years: Mayor Duggan, City Council, partners celebrate investment milestone in massive effort to build one Detroit for everyone
On April 12, 2024, City of Detroit mayor, Mike Duggan, joined in a celebration with more than 200 affordable housing developers and funding partners at the site of a project that put the city over the $1 billion investment threshold.
LISC and Coalition Partners Awarded $2 Billion via National Clean Investment Fund
LISC is one of five organizations leading Power Forward Communities, a new coalition investing in green housing and jobs to support economic opportunity and climate resilience. Today, the EPA awarded the coalition $2 billion to implement a decarbonization strategy that also lifts up under-resourced communities—making housing more affordable, mitigating climate impacts and improving local health.
Detroit Justice Center Expands Community Land Trust Services Through New Partnership With Local Initiatives Support Corporation (LISC)
The Detroit Justice Center (DJC) announces a new partnership with Local Initiatives Support Corporation (LISC) that includes grant funding to help build a thriving Community Land Trust (CLT) movement in Detroit. DJC will offer a technical assistance and capacity-building delivery system for Detroit’s CLTs that will support residents in bringing their visions for their neighborhoods to life, including establishing mixed-income neighborhoods with density and permanent affordability, eliminating gentrification and revitalizing economic corridors in Detroit’s neighborhoods.
Local Initiatives Support Corporation announces Detroit 0% Home Loan Program with $2 million investment from Flagstar Bank to protect homeowners, support local growth
Flagstar Bank will lead the private-sector funding for the Detroit 0% Home Repair Program, a collaboration with the City of Detroit and the nonprofit, LISC. To date, the program has delivered $14 million in financing to help more than 750 households improve the health and safety of their homes.