Community Revitalization Initiatives
Community Investment Partners
Local Initiatives Support Corporation
Alliance for Building Communities
From 1998 to 2004, Community Investment Partners (CIP) helped three Cincinnati neighborhoods become more active and engaged communities. These efforts brought new businesses, public and private investment and job training opportunities to Northside, Price Hill and Walnut Hills/East Walnut Hills.
CIP was a funders’ collaborative among Fifth Third Bank, GCF, The Procter & Gamble Fund, and United Way & Community Chest of Greater Cincinnati. This $2 million, five-year grantmaking initiative focused on comprehensive community development. Three neighborhoods received grants of up to $500,000 over five years. Additional resources were proved for one-on-one coaching and technical expertise.
Impact
The lessons and impact of CIP are captured in the 2000 Report to the Community, published in September 2000, the 2001 Midterm Report , and the 2004 Final Report (see links in the sidebar at right).
For more information about CIP, please contact GCF's Vice President for Community Investment Ellen Gilligan at (513) 241-2880.
 LOCAL INITIATIVES SUPPORT CORPORATION
Local Initiatives Support Corporation (LISC) is a national community development intermediary specializing in financing and packaging of affordable housing through community development corporations (called neighborhood development corporations, or NDCs, in Cincinnati).
Focused on Hamilton County in Ohio and Boone, Kenton and Campbell counties in Northern Kentucky, LISC brings significant national resources and expertise to local efforts. LISC has more than 20 years experience in community revitalization work, and operates programs in 41 states and metropolitan areas and 59 rural communities. An initial $2 million raised locally is matched with national LISC resources.
As of December 21, 2004, LISC has committed nearly $8.5 million in loans and grants to area nonprofit organizations to help revitalize Greater Cincinnati’s urban neighborhoods. LISC invests in housing development, commercial and retail development, community facilities such as childcare centers, and employment and community safety initiatives.
GCF has awarded $600,000 over 6 years to support LISC's important work.
For more information, contact:
Greater Cincinnati/Northern Kentucky LISC
Six E. Fourth Street, Suite 1225
Cincinnati, Ohio 45202
Phone: (513) 723-1026
Fax: (513) 723-0976
ALLIANCE FOR BUILDING COMMUNITIES
The Alliance for Building Communities (ABC) was developed to provide funds for staff operations and technical assistance to 10-12 neighborhood development corporations(NDCs) throughout the region. Managed by the Local Initiatives Support Corporation (LISC), the program is designed to provide both financial and technical assistance to help NDCs become more organizationally and fiscally sound with greater capacity to undertake a variety of development efforts. ABC is a collaborative effort among private corporate and philanthropic funders, and the Cities of Cincinnati and Covington. The initial three-year capitalization is $4.5 million, including $300,000 in grants from GCF. As of December 31, 2004, ABC has awarded $3,125,000 to 11 NDCs.
For more information, contact:
Greater Cincinnati/Northern Kentucky LISC
Six E. Fourth Street, Suite 1225
Cincinnati, Ohio 45202
Phone: (513) 723-1026
Fax: (513) 723-0976
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