At a glance
From its website, read 2 Nov 2026Local Initiatives Support Corporation is a loan fund based in New York, New York. Its website describes child-care facility loans, affordable housing development loans, nonprofit facility loans and 1 other loan type. Stated loan amounts run from $50,000 to $10M. Where it lends: Nationwide: offers financing to organizations across the country.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| smallbusiness@lisc.org source | |
| Website | www.lisc.org |
| Office (official list) | 28 Liberty Street Floor 34, New York, NY 10005 |
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Loans (general) | Rate stated, not as an APR: see their wording | Starting at 7.35% | source |
| Loans (general) | Rate stated, not as an APR: see their wording | Starting at 7.85% | source |
| Loans (general) | Term: see their wording | Up to 3 years | source |
| Loans (general) | Term: see their wording | Up to 7 years | source |
| Loans (general) | Term: see their wording | Typically up to 15 years | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 13 Jul 2025 |
| RSSD ID | — (none listed) |
| Address | 28 Liberty Street Floor 34, New York, NY 10005 Directions (Google Maps) |
| Website | www.lisc.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. Financing is aimed at organizations and projects rather than individual consumers, and no online application was found on the pages. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Child-care facility financing | — | LISC finances the construction of high-quality charter schools and early childhood centers that predominantly serve students from under-resourced households. | source |
| Affordable housing development loans | — | We provide financing for the construction or preservation of a variety of real estate projects including multifamily rental housing, affordable for-sale housing, and mixed-use developments. | source |
| Nonprofit / community facility loans | — | We offer financing to arts organizations, workforce development entities, advocacy groups, and other nonprofits in order to enrich and strengthen the communities they serve. | source |
| Small-business loans | — | LISC provides financing to small businesses in low- and moderate-income communities and businesses owned by individuals who have struggled to access capital. | source |
Loan sizes
: $50,000 - $2,000,000
source: $100,000-$10,000,000
source: $100,000-$3,000,000
source: $500,000-$10,000,000
source
Range used for the size filter: $50,000 to $10M
Service area
Nationwide: offers financing to organizations across the country
LISC offers financing to organizations across the country.
source
Borrower focus
- Low- and moderate-income / underserved
LISC provides financing to small businesses in low- and moderate-income communities and businesses owned by individuals who have struggled to access capital.
source - Nonprofits
We offer financing to arts organizations, workforce development entities, advocacy groups, and other nonprofits in order to enrich and strengthen the communities they serve.
source
Languages
- No non-English service found on the pages we read.
Online application
No online application link found on the pages we read.
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - Can I apply online, or do I need to call or visit?
We found no online application on their website. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$78 million in 33 awards from the U.S. Treasury's CDFI Fund, 1996–2024 (5 programs).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $1,250,000 |
| 2024 | Healthy Food Financing Initiative, Financial Assistance | $5,000,000 |
| 2023 | Capital Magnet Fund | $5,000,000 |
| 2022 | CDFI Equitable Recovery Program | $4,957,678 |
| 2022 | CDFI Program, Financial Assistance | $850,000 |
| 2022 | Healthy Food Financing Initiative, Financial Assistance | $2,600,000 |
| 2021 | CDFI Program, Financial Assistance | $690,000 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2021 | Healthy Food Financing Initiative, Financial Assistance | $2,750,000 |
| 2020 | Capital Magnet Fund | $7,500,000 |
| 2018 | CDFI Program, Financial Assistance | $700,000 |
| 2017 | CDFI Program, Financial Assistance | $916,905 |
| 2017 | Capital Magnet Fund | $7,500,000 |
| 2017 | Healthy Food Financing Initiative, Financial Assistance | $1,500,000 |
| 2016 | CDFI Program, Financial Assistance | $1,000,000 |
| 2016 | Capital Magnet Fund | $4,800,000 |
| 2016 | Healthy Food Financing Initiative, Financial Assistance | $3,000,000 |
| 2015 | CDFI Program, Financial Assistance | $1,000,000 |
| 2015 | Healthy Food Financing Initiative, Financial Assistance | $3,000,000 |
| 2014 | CDFI Program, Financial Assistance | $3,000,000 |
| 2013 | CDFI Program, Financial Assistance | $1,347,000 |
| 2012 | CDFI Program, Financial Assistance | $3,000,000 |
| 2010 | CDFI Program, Financial Assistance | $750,000 |
| 2010 | Capital Magnet Fund | $5,000,000 |
| 2007 | CDFI Program, Financial Assistance | $480,000 |
| 2006 | CDFI Program, Financial Assistance | $585,000 |
| 2005 | CDFI Program, Financial Assistance | $950,000 |
| 2004 | CDFI Program, Financial Assistance | $2,000,000 |
| 2000 | CDFI Program, Financial Assistance | $1,000,000 |
| 1999 | CDFI Program, Financial Assistance | $1,000,000 |
| 1998 | CDFI Program, Financial Assistance | $1,000,000 |
| 1997 | CDFI Program, Financial Assistance | $1,000,000 |
| 1996 | CDFI Program, Financial Assistance | $1,000,000 |
New Markets Tax Credit allocations
$1.36 billion in 17 allocations. An NMTC allocation is the authority to offer investors federal tax credits for community investments; it is not cash paid to the lender and is not counted in the award total above.
| Round year | Program | Allocation |
|---|---|---|
| 2024 | New Markets Tax Credit allocation | $90,000,000 |
| 2023 | New Markets Tax Credit allocation | $65,000,000 |
| 2021 | New Markets Tax Credit allocation | $40,000,000 |
| 2020 | New Markets Tax Credit allocation | $65,000,000 |
| 2019 | New Markets Tax Credit allocation | $50,000,000 |
| 2018 | New Markets Tax Credit allocation | $60,000,000 |
| 2016 | New Markets Tax Credit allocation | $85,000,000 |
| 2014 | New Markets Tax Credit allocation | $70,000,000 |
| 2013 | New Markets Tax Credit allocation | $60,000,000 |
| 2011 | New Markets Tax Credit allocation | $85,000,000 |
| 2010 | New Markets Tax Credit allocation | $70,000,000 |
| 2009 | New Markets Tax Credit allocation | $115,000,000 |
| 2008 | New Markets Tax Credit allocation | $80,000,000 |
| 2007 | New Markets Tax Credit allocation | $133,000,000 |
| 2006 | New Markets Tax Credit allocation | $140,000,000 |
| 2005 | New Markets Tax Credit allocation | $90,000,000 |
| 2002 | New Markets Tax Credit allocation | $65,000,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Dec 2023| Total assets | $1.52B |
|---|---|
| Total liabilities | $981.4M |
| Net assets | $534.6M |
| Total revenue | $373.1M |
| Program-related investments (Part X line 13) | $770.7M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 13-3030229, filed as “LOCAL INITIATIVES SUPPORT CORPORATION”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue |
|---|---|---|---|
| Dec 2021 (990) | $1.25B | $546M | $344.2M |
| Dec 2022 (990) | $1.38B | $548.5M | $290.2M |
| Dec 2023 (990) | $1.52B | $534.6M | $373.1M |
Total assets grew 21% from Dec 2021 to Dec 2023. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Largest loan its website states | $10M | Other loan funds whose website states a maximum: median $250,000. Higher than the stated maximum of 95% of these 184. |
| Total assets, latest IRS Form 990 | $1.52B | Larger than 97% of the 39 other certified loan funds and venture funds in New York with a matched Form 990 (median $12.6M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Largest stated loan | other loan funds stating a maximum, nationwide | 184 | higher than 95% |
| Form 990 total assets | certified loan and venture funds with a Form 990, in New York | 39 | larger than 97% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section).
Other certified CDFIs in New York and New York
- AAFE Community Development FundLoan fund · New York, NYOfficial list only
- Abyssinian Baptist Church Federal Credit UnionCredit union · New York, NYOfficial list only
- Ascendus Inc.Loan fund · New York, NYChild-care facility financing, Credit-builder loans, Small-business loansVerified
- Business Consortium Fund, Inc.Loan fund · New York, NYSmall-business loansVerified
- Carver Federal Savings BankBank or thrift · New York, NYCommercial real estate loans, Microloans, Small-business loansVerified
- CHURCH OF THE MASTER FEDERAL CREDIT UNIONCredit union · New York, NYAuto / vehicle loans, Personal / consumer loans, Small-business loansVerified
- Community Development Trust, LP, TheLoan fund · New York, NYAffordable housing development loansVerified
- Community Development Venture Capital Alliance, TheVenture capital fund · New York, NYOfficial list only
Work at Local Initiatives Support Corporation? Link to this page
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