The Local Initiatives Support Corporation

Helping neighbors build communities

National LISC• LISC began 30 years ago with an initial capitalization

of $10 million

• LISC has invested $10 billion into 3,000 local economic development groups

• LISC has funneled as much as $1 Billion a year in grants, loans, and equity investments into their projects.

LISC Indianapolis Mission Statement

• LISC Indianapolis helps resident-led, community-based development organizations transform distressed communities and neighborhoods into healthy ones – good places to live, do business, work and raise families

LISC operates on three levels

• Direct Support: Provides assistance to individual community development organizations & projects

• Attracting Co-Investors: Leverages LISC investments to attract additional partners to community development

• System Development: Improves effectiveness of local, state, and national community development environments

LISC ProgramsComprehensive, Neighborhood-Based Development

Through:

• Investment in Housing• Stimulating Local Economic Activity (FOCUS)• Increasing Family Income, Wealth, and Employment• Improving Access to Quality Education• Supporting Healthy Environments and Lifestyles• Great Indy Neighborhoods Initiative

LISC Sustainable Communities

Smart Growth District TOD Quality of Life Plan

r e t h i n k o u r d i r e c t i o n r e n e w

o u r c o m m u n i t y r e d e f i n e o u r f u t u r e

• Noblesville• 146th Street• 116th Street• 96th Street• 82nd Street• 71st Street• 62nd Street• 52nd/Keystone Ave• 38th Street• 30th Street• 25th Street• 16th Street• 10th Street• Union Station

Potential Smart Growth District Stops

14 Potential Station Areas6 Potential TOD QOL Stops

CDC 11: United North East

CDC 7: Martindale-Brightwood

CDC 4: King Park

GINI – Brag

TOD Planning Areas

Why TOD in the Smart Growth District?

Brownfields – one of the largest concentrations in Indy

Major North-South Greenway - Former rail line now thrives in more developed neighborhoods

Social justice – two CDC’s and several nonprofits addressing these issues separately

Leverage – some reinvestment projects already underway

Need for redevelopment mixed with recent investment in an urban neighborhood with historic significance requires Smart Growth and TOD density-building principles

SGD Social Capital 4 New private, magnet or charter schools in last 10 years 4 Existing parks

SGD Brownfields Several million in recent brownfield cleanupsAssessment of 16 propertiesRemediation of 9 priority sites

SGD Development Investments & Opportunities

Zoning overhaul for mixed-use and residential 206 Home-owner occupied proposed repairs Proposed 30 res/ 11 comm redeveloped lots

New Northeast Corridor Transit Line Recent new enterprise park Proposed 80-unit multi-family housing

SGD Connectivity

Proposed Northeast Corridor Transit LineBike lanes & corridor pedestrian access improvements - connect four schools, three parks, a major greenway and the potential new transit lineBicycle boulevard - crosses two parks, a major greenway and a school

SGD Social Capital

New 2.5 mile greenway connector of two existing trails, making a new 10 mile loop 3 New proposed parks Green stormwater management principles on all proposed infrastrucuture improvements

Bill Taft Executive Director, LISC Indianapolis

wtaft@lisc.org (317) 396-0588x12