NSIIF Releases 2024 Impact Report
- LISC Fund Management Team
- Jul 1
- 2 min read
The National Strategic Investments Impact Fund (NSIIF) Impact Report offers a comprehensive look at the fund’s progress over the past year, detailing how mission-driven capital is transforming communities across the country. Managed by LISC Fund Management, the NSIIF report highlights key milestones, impact metrics, and stories that reflect the fund's commitment to closing wealth gaps and expanding access to opportunity. It serves as both a transparent accounting of outcomes and a powerful reminder of what’s possible when investment is aligned with equity, resilience, and long-term community growth.
NSIIF has deployed $262 million to support economic growth in communities that have historically faced barriers to capital. That funding has reached 28 cities nationwide, powering projects and partnerships that reflect the fund’s deep commitment to place-based impact and long-term community health.
Highlights include:
2.3 million square feet of commercial and mixed-use space financed
10,596 homes created or preserved
7,208 affordable homes reserved for households earning at or below 80% of Area Median Income (AMI)
These investments aren’t just about numbers—they’re about building communities where families can thrive, entrepreneurs can grow, and local economies can flourish.
Leading on Long-Term Affordability
One of the most compelling insights in the report is NSIIF’s outsized role in preserving long-term affordability. Over 80% of affordable and mixed-income housing developments supported by NSIIF include affordability covenants lasting 30 years or more. Nationally, less than 50% of affordable units maintain such long-term protections.
Fueling Generational Wealth
The annual impact report also highlights how NSIIF helps build generational wealth, particularly by supporting innovative projects that turn family-owned property into community-serving assets. By financing businesses, financial institutions, and real estate projects across sectors, NSIIF is helping communities own, build, and sustain wealth.
Backed by Values-Aligned Investors
NSIIF’s momentum is made possible through the partnership of 11 private investors, whose commitments have been strategically leveraged to drive inclusive economic growth. Their support fuels a portfolio of diverse, impactful investments that align capital with community need and long-term resilience.
About NSIIF
NSIIF is a mission-driven investment fund committed to expanding opportunities nationwide by increasing access to capital for financial institutions, businesses, and organizations. Through strategic investments, NSIIF empowers these entities to scale, create jobs, and drive economic growth in underserved communities. With a flexible, industry-agnostic approach, NSIIF supports borrowers across multiple sectors and geographies, fostering long-term success and economic resilience. Learn more about NSIIF.
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