Introducing the Homeownership Opportunities for San Diego Intitiative and Coalition
LISC San Diego has joined with several local partners to launch the Homeownership Opportunities for San Diego initiative and coalition. The initiative would clear the way for numerous single-family homes in San Diego to be replaced by four smaller homes costing no more than $600,000. Specifically, Homeownership Opportunities for San Diego would allow homeowners on lots of at least 5,000 sq. ft. to subdivide their land into FOUR separate parcels to achieve the following goals:
- Help solve our region’s housing crisis
- End housing segregation
- Build intergenerational wealth for underserved families
- Grow the local economy and increase city revenues
- Increase density and decrease Vehicle Miles Traveled
The coalition also supports Mayor Todd Gloria's Housing Action Plan 2.0.
To learn more, please be sure to check out our newly launched website and45-second explainer video!
We support our communities in three main ways:
We provide financial and human capital to build the capacity of our partner organizations.
We invest in affordable housing, small businesses, commercial corridors, and neighborhood assets to improve social, economic, and physical health.
We amplify the voices of communities that have been impacted by the history of redlining and exclusionary zoning policies, resulting in racially segregated neighborhoods and concentrated poverty.
Mapping Inequality: Redlining in San Diego
As cities across the nation are being forced to examine how and where structural racism manifests locally, redliningis often the first stop. [...]
City Heights Business Relief Fund
The economic impact of COVID-19 has been catastrophic for small businesses. Diverse communities such as City Heights have especially been hit hard, and many small businesses owned by people of color have had challenges accessing limited Federal, State, and City relief funds [...]
News & 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.
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.
A Few Minutes with Becky Akello
Born and raised in the African nation of Uganda, Becky Akello moved to the U.S. in 1993 when she was in her early 30s. Now, thanks to the San Diego Black Homebuyers program, she’s proud to say that she’s a homeowner. Encouraged by Jacklyn Laquindanum, a San Diego Urban League housing/financial counselor, she applied to the housing program co-funded by LISC San Diego, the San Diego Foundation, and the Urban League. The partnership, the first of its kind in California, provides up to $70,000 in grants to qualifying prospective Black homebuyers as well as financial literacy education. An administrative analyst with the County of San Diego, Akello earned a master’s degree from City University of New York-Baruch College and later relocated to San Diego in 2010. “I just moved in, so I’m still on Cloud 9,” said Akello, a few days after moving into her two-bedroom, one-bath home in Escondido.