At LISC Fund Management (LFM), we believe strategic investments can strengthen communities, preserve affordability, and create lasting opportunities for residents and small businesses. We're pleased to announce two recent closings through the National Strategic Investments Impact Fund (NSIIF) that advance those goals in California and New York.

LISC Fund Management’s has released its 2025 Annual Impact Report, highlighting the investments, partnerships, and initiatives that helped expand housing access, strengthen local economies, and create lasting opportunities in communities nationwide.

Residents are moving into Jericho Village in Wylie, a project seeking to set a nationally replicable model for bringing families out of housing instability.

The Dallas Housing Opportunity Fund (DHOF) is proud to release its 3-Year Impact Report, marking key milestones since launching in 2022. This report reflects the collective work of our funders, partners, and stakeholders who continue to invest in expanding access to affordable housing across Dallas.

Cleveland Housing Investment Fund (CHIF) is expanding its capacity to finance affordable housing developments for people with modest incomes, thanks to a $10 million investment from Huntington Bank, which has increased CHIF’s total capital to $53 million.

LISC Fund Management is proud to celebrate the grand opening of Armonia Apartments, a DHOF-supported development, bringing much-needed affordable housing to the vibrant La Bajada neighborhood of West Dallas.

For more than a decade, Janet Collinsworth has been on the frontlines of supporting women and children experiencing homelessness in Collin County, Texas. As the founder of Agape Resource & Assistance Center, she has helped hundreds of families take steps toward stability. But in recent years, one challenge became impossible to ignore: even after completing Agape’s programs, many families still couldn’t find housing they could afford.

Today, as President of O-SDA Industries, Megan Lasch is helping shape the future of housing across Dallas including a growing portfolio of developments supported by the Dallas Housing Opportunity Fund (DHOF), a fund managed by LISC Fund Management (LFM). Projects such as Kiva East, Envoy 64, and Jaipur Lofts all advance a shared mission: delivering on high-quality, affordable homes in neighborhoods where rising costs are putting pressure on long-time residents.

LISC Fund Management is excited to announce the closing of Depot on Detroit, a new 60‑unit affordable housing community in Cleveland’s Cudell neighborhood. The development brings long-term affordability to a designated Opportunity Neighborhood and marks CHIF’s third project closing as the Fund continues expanding deeply affordable housing across the region.

Fifth Third commits $5 million in equity to CHIF, deepening investment in equitable housing and neighborhood revitalization.

We’re excited to share the story behind 5365 Crenshaw / The Clark on 54th, a transformative project supported by the National Strategic Investments Impact Fund (NSIIF). This development reflects the power of mission-driven investment to preserve culture, create opportunities, and strengthen communities.

LISC Fund Management is pleased to announce the recent closings of two impactful investments supported by the National Strategic Investments Impact Fund (NSIIF), underscoring our commitment to expanding housing access, strengthening communities, and advancing long-term affordability across diverse markets.

JPMorganChase surpasses $2 billion in investments across Detroit and announces a new state-of-the-art downtown office, reinforcing the firm’s long-term commitment to the city’s economic growth, housing, and community revitalization.

Learn more about the latest fund milestones, project updates, and impact stories from LISC Fund Management.

A media roundup of coverage on the Cleveland Housing Investment Fund (CHIF) and LISC Fund Management’s role in backing Parkside Homes and Walton Apartments.