Dear Friend:
The past month has been busy for us.
About a month ago, we hosted a successful news conference to announce U.S. Bank’s $2 million startup investment to our Neighborhood Catalyst Fund. As detailed below, the fund will provide $50 million in low-interest and longer-maturity loans to initiate affordable housing projects.
We were honored to be joined by Mayor Kevin Faulconer, Council President Georgette Gomez and many other elected officials and civic leaders.
Also, we’re proud to announce that LISC Bay Area has partnered with the Chan Zuckerberg Initiative to address the housing shortage in the Bay Area. The five-year goal of the $500 million fund is to build 8,000 new affordable homes in San Francisco and Oakland, bringing together the private sector, government agencies and philanthropy. LISC Bay Area was selected to manage the fund.
Our Neighborhood Catalyst Fund focuses on San Diego’s homelessness issues and acute lack of affordable housing needs to be addressed with viable solutions – starting now.
We intend to be a leading voice in that effort. If you are interested in joining us in this effort, please contact us for more information.
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Ricardo Flores
Executive Director
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U.S. Bank Invests $2 Million for Affordable Housing
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On Thursday, Dec. 19, LISC San Diego hosted a news conference, telling the story of our newly-launched Neighborhood Catalyst Fund.
Simply put, U.S. Bank’s $2 million investment creates $10 million of low-interest and longer-maturity loans to allow developers such as Wakeland Housing and its community partner, the City Heights Community Development Corporation, to purchase the abandoned Sally Wong Building and adjacent vacant city-owned property in City Heights.
Thanks to U.S. Bank, the fund helps launch the process of providing more affordable housing in City Heights and elsewhere.
While this is only the beginning of a lengthy process, we appreciate your support and welcome additional investors from philanthropy, business, and local government into our Neighborhood Catalyst Fund.
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Welcome to the LAC, Melanie!
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Melanie Cohn is the Director of Regional Policy and Government Affairs at Biocom.
Melanie is responsible for managing and implementing Biocom's regional policy agendas in San Diego, Los Angeles, and the Bay Area. She proactively lobbies public officials to advance the interests of Biocom's members and ensure consideration for the life science industry in new and existing regulations.
Prior to joining Biocom, Melanie managed government-community relations for San Diego nonprofits and also worked in the local office of a State Assembly Member from 2005 until 2009.
She holds a Bachelor of Arts in Political Science, with minors in Art History and Sociology, from the University of California, San Diego.
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We are grateful for the continued support we receive from our funders.
This month, we thank
Banner Bank
& SDG&E for their ongoing generosity and commitment to LISC San Diego.
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Protect, Preserve and Produce: A Landmark Housing Partnership Arrives in the Bay Area
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The new Partnership for the Bay’s Future will address the Bay Area’s interconnected challenges of housing, transportation, and economic opportunity.
LISC will manage a $500 million investment fund, one of the largest in the nation, that will work on preserving and producing affordable housing.
The partnership includes the San Francisco Foundation, the Chan Zuckerberg Initiative, the Ford Foundation, LISC, Facebook, Genentech, the William and Flora Hewlett Foundation, the David and Lucile Packard Foundation and Silicon Valley Community Foundation.
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Recruitment for 2018-'19 Cohort
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Interested in joining LISC AmeriCorps? Know someone who might be? Review the opportunities by clicking on the link below. There are only 3 positions left at 2 nonprofits across the county!
- Salvation Army - Community Engagement Coordinator
- Salvation Army - Community Engagement Coordinator
- Somali Bantu - Employment Navigator
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This past Martin Luther King Day of Service, LISC AmeriCorps members honored Dr. King's call to service by volunteering at International Rescue Committee in San Diego’s New Roots Farm. We call it a day on not a day off.
“Everyone can be great because anybody can serve” - Martin Luther King Jr
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Local Advisory Committee member, Matthew Bryant from California Bank & Trust joined us at our December monthly meeting hosted by Jewish Family Service to give members a training on mentors & sponsors to help improve their leadership development skills.
Thank you Matthew!
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Local Advisory Committee member, Joe Velasquez from SDG&E joined us at our January monthly meeting hosted by Casa Familiar to give members a training on conflict resolution to help improve their leadership development skills.
Thank you Joe!
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Arnulfo Manriquez
President/CEO
MAAC
A first-generation immigrant who came with his parents to San Diego from Tijuana, Baja California at age 10, Arnulfo Manriquez knows the struggles life can bring.
He’s dedicated nearly 26 years to helping others in his non-profit executive roles, including a total of seven years as current president/CEO of MAAC.
Based in Chula Vista, with a $44 million budget and almost 500 employees county-wide, MAAC ranks among the region’s largest non-profit social service organizations.
Outgoing and reflective, Arnulfo grew up in San Ysidro and Chula Vista and graduated from Hilltop High School. He went on to earn a degree from UC San Diego in urban studies and planning, plus a masters from USD in leadership and non-profit management.
MAAC’s relationship with LISC San Diego dates back to 1993, in providing loans, grants and training for those in need, whatever their age, job status or life circumstance. During Arnulfo’s leadership, LISC has funded MAAC with more than $2 million for a wide range of social services and programs throughout the region.
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