UIPI Bulletin Board

Urban Insurance Partners Institute Web Site
Community Resources

Organization Profile

Name of Organization
Indianapolis Local Initiatives Support Corporation (LISC)

Purpose 
Community development
Housing
Advocacy

Tax status
501(3)C

Year founded
1980 

Annual budget 
$2.8 million project and operating budget. 

Total number of full and part time staff
5

Mission
To assist community development corporations (CDCs) in their efforts to transform distressed neighborhoods into healthy communities. LISC believes CDCs are the best vehicles to achieve lasting and positive community change for the benefit of low and moderate income people. By marshaling private sector resources and extending financial and technical support to CDCs, LISC enables residents to set their own priorities and shape the process of community renewal. LISC is founded on the belief that locally-directed change is a uniquely powerful tool for revitalizing communities. 

Do you currently partner with insurers or representatives of the insurance industry? 
Yes

If yes, in what ways?
Nationwide Insurance is a significant donor of LISC. The money from Nationwide is targeted to low to moderate income homebuyers seeking to purchase or repair their homes.

Do you educate homeowners about insurance? 
No 

Are any insurance industry companies or agencies represented on your board?
No

Recent accomplishments and major awards
Affordable homes built and/or in construction: 1,339
Commercial and industrial space developed and/or in construction (sq.ft.): 235,700
Number of community development groups assisted: 21
Local public and private support: $5,147,734
National LISC matching dollars: $5,651,226
National Community Development Initiative: $11,579,300
NEF project equity: $41,574,253
Total LISC investment in Indianapolis: $58,886,413
Dollars leveraged by LISC and its affiliates: $46,503,832
Development dollars made available to CDCs: $105,390,245

Officers and titles
Sherry Seiwert-Program Director
Keith Broadnax-Program Officer
Will Pritchard-Assistant Program Officer
Sharon Thomas-Program Assistant

Contact person and contact information
Sherry Seiwert, Program Director
333 N. Pennsylvania, Suite 600
Phone: (317) 630-3113
Fax: (317) 630-3121
E-mail: SSeiwert@liscnet.org

Organization Web site address
www.liscnet.org