Local Initiative Support Corporation Awarded $3 million by IL Attorney General’s Office

A coalition of organizations led by the Local Initiative Support Corporation (LISC) was recently awarded $3 million by the Illinois Attorney General’s office. The funds, a portion of the state’s $70-million piece of the National Foreclosure Settlement, will support the revitalization of Peoria’s East Bluff neighborhood through the demolition of 20 buildings, construction and rehab of an estimated 30 homes, and access to housing counseling services.

LISC opened its Peoria office last year and leads a team that includes the Peoria Opportunities Foundation, IFF, Novadebt and METEC Housing Counseling Resource Center. The group is partnering with the City of Peoria, Busey Bank, Gaetz Home Team and East Bluff Neighborhood Housing Services to move forward with this effort.

To learn more about LISC, visit lisc.org.

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