1. Detroit LISC’s Neighborhoods NOW Campaign AN OVERVIEW OF DETROIT LISC’S TARGETED INITIATIVES Prepared for the Economic Forum for Good Neighborhood Communities University of Michigan Detroit Center January 11, 2008

2. LISC’s Targeted Strategies Where we’ve been Where we are Where we are going

3. Where We’ve Been Detroit LISC Investment 1990-2006 $100 million Detroit LISC Leverage 1990-2006 $650 million (6.50 to 1 ratio)

4. Where We’ve Been In 2005 LISC launched its Neighborhoods NOW campaign. After the successful From The Ground Up campaign After 8 years of the Detroit Community Development Funders’ Collaborative After the capacity of CDC’s “to build to scale”

5. Aspirational Goals Work differently to achieve… More neighborhood impact and visible change More leverage & attract more investment A more holistically revitalized community

6. The New Client Neighborhoods LISC’s Client

7. How we decided to do this… Place-based targeted strategies Strategic Investment Initiative Metro Detroit Regional Investment Initiative Policy Capacity

8. Strategic Investment Areas LISC chose investment areas based on: Economic Engines High Performing CDCs Previous LISC investment Positive Relationship w/LISC

9. Strategic Investment Areas

10. LISC provided Facilitators Scribes Urban Planners “Doing while planning” grant support

11. Metro Detroit Regional Investment Initiative Request for Proposals Facilitated meetings with Detroit and inner ring suburbs organizations and agencies Challenged to think creatively about cross-jurisdictional neighborhood revitalization and social equity

12. Metro Detroit Regional Investment Initiative LISC defined social equity as equal access

13. Metro Detroit Regional Investment Initiative

14. Where we are Detroit LISC investment for Neighborhoods NOW 2005-2006 Grants $ 5.5 million Loans $ 4.3 million Equity: $28.2 million $38 million

15. Where we are Detroit LISC investment for Neighborhoods NOW 2005-2006 Detroit LISC Leverage for Neighborhoods NOW 2005-2006 $320 million ($8.5 to $1 Ratio)

16. Where we are: Outputs Housing Units** 443562255983451703 Commercial SQ FT** 105,080105,27971,450021829303.630 Green Space SQ FT 66,900399,10025,00000491,000 Facades334616634129 Youth engaged 64113401280191205173 Beautifica- tion 2973432873246 Volunteers250233416032637503 2005 - 2007

17. Where we are Outcomes New vehicles to get work done Community-level project prioritization Published comprehensive Investment Strategies Regional cooperation at the micro level

18. Where we are… Outcomes Direction to LISC (and others) investment Direction to LISC for overlay project focus  Safety, code enforcement, blight  Home repair  Vacant land