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LISC offers equity financing through our affiliate subsidiaries: 

  • National Equity Fund
  • New Markets Support Company
  • Community Development Trust


National Equity Fund overview PDF thumbnail

National Equity Fund, Inc. is a non-profit Chicago-based affiliate of the Local Initiatives Support Corporation and the nation’s largest syndicator of Low Income Housing Tax Credits. Since inception in 1987, they have played an integral role in creating affordable housing options, revitalizing communities and strengthening local economies. Their investments total $10.2 billion in 2,170 LIHTC developments, which created 131,500 affordable homes for low-income families and individuals.

National Equity Fund Overview – PDF


New Markets Support Program overview PDF thumbnail

 LISC is bringing the value of the New Markets Tax Credits (NMTCs) to its local and national programs. This involves providing NMTC financing for transactions in communities served by our 30 local programs and by community development corporations supported by our Rural LISC program, transactions in other non-metropolitan communities, and transactions supported by our national programs (such as the Educational Facilities Financing Center). 

New Markets Tax Credit Program Overview – PDF

Read more: New Markets Support Company Website


Community Development  Trust logo

CDT is the country's only private real estate investment trust with a public purpose. After over twelve years of operations, CDT has invested or committed approximately $900 million in debt and equity capital to properties in 42 states and regions—helping to preserve or add over 32,500 units to the nation's affordable housing stock.

Read More: Community Development Trust