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Affordable Housing in DetroitDetroit LISC provides the experience and skill needed to raise resources that can address the financial gaps often associated with reinvestment in urban core neighborhoods. These projects jump start revitalization, improve the physical appearance of neighborhoods, anchor economic and social infrastructure, stimulate new investment and provide the foundation for dramatic changes in quality of life.
 

Qualified nonprofit partners and for-profit developers can apply for a full range of financial products to cover the various stages of the real estate development process including:

  • Pre-development loans, including feasibility studies
  • Acquisition loans
  • Construction loans
  • Permanent financing
  • Equity and intermediary capital loans
  • Revolving working capital loans
  • Lines of credit


To learn more about our financial products, please download the Detroit LISC Lending Brochure.

 

Detroit LISC can also provide technical and financial assistance in specialized areas of expertise through National LISC in the following areas:

  •  Healthcare facility projects
  • Charter and alternative school facility projects
  • Renovation/new construction of community football fields through the NFL Grassroots Program
  • Housing preservation projects
  • Public housing projects
  • Housing assistance for homeless veterans

 

Recent Detroit LISC physical development projects: