Local Initiatives Support Corporation

Lucal Initiatives Support Corporation is an independent non-profit foundation based in New York, New York. Established in 1979, the foundation works to transform distressed neighborhoods into healthy and sustainable communities. It provides loans, grants, equity investments, local and national policy support and technical and management assistance to local community development organizations. The foundation is dedicated to helping community residents transform distressed neighborhoods into healthy and sustainable communities of choice and opportunity. The assets of the foundation are managed and governed by the board of directors.Local Initiatives Support CorporationAos investment portfolio is valued at $328.855 million with investments in alternatives.