2016-05-13T18:31:47-05:00 2015-06-30 GRANT THORNTON LLP 101 CALIFORNIA STREET SUITE 2700 SAN FRANCISCO CA 94111 990 2014-07-01 942952578 Low Income Investment Fund % ROXANNE HUEY LOWI 4157729094 50 California Street Suite 2900 San Francisco CA 94111 Kathy Rock CFO and CAO 4157729094 2016-05-13 true DONALD A CORBETT P00186570 4159863900 2014 2016-08-17 19:52:53Z Nancy O Andrews 50 California St Ste 2900 San Francisco CA 94111 34922747 false X www.liifund.org X 1984 CA LIIF is a community development financial institution which provides a comprehensive range of programs to increase the availability of capital in low income communities. 12 11 73 11 0 7073378 13127122 15652851 16913379 540727 510173 21073 144477 23288029 30695151 4973493 2517577 0 0 8175065 8775374 0 0 917781 7336785 9084078 20485343 20377029 2802686 10318122 259073525 280623263 177587663 189370213 81485862 91253050 X Low Income Investment Fund ("LIIF") is dedicated to creating pathways of opportunity for low income people and communities. LIIF's overarching mission is poverty alleviation. LIIF achieves this mission by investing capital for healthy communities and families. LIIF builds bridges between private capital markets and places where low income people live. LIIF partners with low income communities, community based organizations, funders, and financial institutions to create a network of support to address the challenges facing low income individuals and families. Since its founding in 1984, LIIF has provided $1.8 billion in financing and technical assistance for projects benefiting low income communities, leveraging investments of $8.7 billion. Through these projects, we have served over 1.8 million people and supported: - 67,000 units of housing; - 256,000 child care spaces; - 75,000 spaces in schools for children; and - 23 million square feet of greener facilities LIIF is headquartered in false false 9129139 50000 15297858 See Schedule O 3288198 1721405 985448 See Schedule O 1776573 746172 774550 See Schedule O 809387 0 0 See Schedule O 809387 0 0 15003297 true true false true false false false false true false true false false false true true false true false false false false false false false false false true true true false false false false false false false false true false false false true true true false false false true 124 0 true 73 true false false false false false false false false false false X 12 11 false false false false false false false true true false false false true true true true true true true true true CA NY X ROXANNE HUEY 4157729094 50 CALIFORNIA STREET SUITE 2900 San Francisco CA 94111 Nancy O Andrews Director / President and CEO 40.0 0.0 X X 471964 0 13949 Phyllis Caldwell Secretary 1.0 0.0 X X 0 0 0 Dan Letendre Chair 1.0 0.0 X X 0 0 0 Pamela Johnson Director 1.0 0.0 X 0 0 0 Andrew Ditton Vice Chair 1.0 0.0 X X 0 0 0 Kirsten Moy Director 1.0 0.0 X 0 0 0 Derek Douglas Director 1.0 0.0 X 0 0 0 Daniel Nissenbaum Director 1.0 0.0 X 0 0 0 Sarah Rosen Wartell Director 1.0 0.0 X 0 0 0 Joseph Reilly Director 1.0 0.0 X 0 0 0 Barry Zigas Treasurer 1.0 0.0 X X 0 0 0 Kathy Rock Director 1.0 0.0 X 0 0 0 Donald P Lofe Jr EVP, CFO & CAO 40.0 0.0 X 370628 0 49727 Kimberly Latimer-Nelligan COO & EVP, Comm Invest Prgrms 40.0 0.0 X 398786 0 30171 Brian Prater EVP Strat Dev & Public Affairs 40.0 0.0 X 261238 0 41330 Roxanne Huey VP, Finance & Corp Controller 40.0 0.0 X 200175 0 43819 Jonathan Harwitz Managing Director, Fed Policy 40.0 0.0 X 189398 0 47510 Diane Borradaile SVP Natl Markets/Cap Solutions 40.0 0.0 X 185558 0 45806 M Elizabeth Tracey SVP, Northern CA Lending 40.0 0.0 X 211990 0 11090 Cecile Chalifour Director, Southern CA Region 40.0 0.0 X 175331 0 30455 Kirsten Shaw Deputy Director, Eastern Reg. 40.0 0.0 X 155456 0 7817 Amy Laughlin Director, National NMTC 40.0 0.0 X 135645 0 41644 Candace Wong Director CA Child Dev Programs 40.0 0.0 X 136288 0 15004 2892457 0 378322 24 false true false Grant Thornton llp PO Box 51552 LOS ANGELES CA 900515852 audit & tax 223708 Novogradac Company LLP PO Box 7833 SAN FRANCISCO CA 941207833 accounting & audit 489147 PriceWaterhouse Coopers LLP PO Box 514038 LOS ANGELES CA 90051 it system review 133358 Sullivan Cromwell LLP 125 Broad Street NEW YORK NY 10004 legal consulting 336000 Vine Associates LLC 607 Foothill Blvd 163 LA CANADA FLINTRIDGE CA 91012 consulting 145030 6 5000000 8127122 75422 13127122 INTEREST ON LOANS 525990 10661029 10661029 LOAN PACKAGING AND SERVICE FEES 525990 3686647 3686647 TECHNICAL ASSISTANCE FEES 525990 1759998 1759998 LOAN ORIGINATION 525990 805705 805705 16913379 552368 552368 0 0 0 0 0 4185401 4227596 -42195 -42195 -42195 0 0 0 EQUITY INCOME FROM MEMBERSHIP INVESTMENTS 523000 143668 143668 MISCELLANEOUS 900099 809 809 144477 30695151 17057856 510173 2469519 2469519 48058 48058 0 0 2077747 1192301 542810 342636 0 4952234 3114355 1666849 171030 256314 154815 82312 19187 1062947 672122 341351 49474 426132 258625 136846 30661 297610 297610 350232 82455 267777 112715 112715 0 0 81237 81237 1803067 1680243 122824 0 560108 362413 133566 64129 0 0 942632 690388 181331 70913 620279 433129 160376 26774 0 83852 74659 5995 3198 2681780 2681780 0 105478 80901 17870 6707 169046 169046 PROVISION FOR LOAN LOSSES 513502 513502 PROVISION FOR LOAN COMMITMENTS 114498 114498 LICENSES AND FEES 145398 90483 52053 2862 MEMBERSHIP AND PUBLICATIONS 117481 67238 47190 3053 385163 221813 159017 4333 20377029 15003297 4455951 917781 5222873 2349505 39953643 30121448 426232 2696530 755449 1862762 0 0 0 0 194572151 222193906 0 0 471117 1333226 4813051 2155679 224862 2657372 16412924 16147245 0 0 137854 235030 0 0 896420 1026239 259073525 280623263 4089980 4845146 3773119 3914828 699473 763809 0 0 17329349 10002986 0 0 151561713 169672399 0 0 134029 171045 177587663 189370213 X 41808931 44293272 39676931 46959778 0 0 81485862 91253050 259073525 280623263 X 10318122 744433 16530 -1311897 X X false true X true true true X 16402862 15849844 5280960 7073378 13127122 57734166 0 0 16402862 15849844 5280960 7073378 13127122 57734166 9895261 47838905 494728 546490 463038 499311 552368 2555935 0 0 60290101 71657866 0.79348 0.80455 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 174973 174973 20120819 20295792 1000000 250000 1000000 689633 1000000 1000000 3689633 5534450 96761 79243 61992 174973 412969 250000 172408 250000 250000 922408 1383612 false true X 1887685 180188 1707497 2158715 1233032 925683 766651 742459 24192 2657372 0 ACCRUED INTEREST PAYABLE 171045 171045 X Escrow Agreements Schedule D, Part IV, Line 2b: Escrow accounts include amounts received from borrowers and funders that are reserved for borrower operating costs, interest reserves and loan fundings. FIN 48 (ASC 740) Footnote Schedule D, Part X, Line 2: LIIF has accounted for the uncertainty in income taxes as required by the Accounting for Uncertainty in Income Taxes topic of the FASB Accounting Standards Codification ("ASC"). LIIF uses a comprehensive model for recognizing, measuring, presenting and disclosing in the financial statements tax positions taken or expected to be taken on a tax return. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. The effect of applying this model and the resulting identification of uncertain tax positions, if any, were not considered significant for financial reporting purposes and are not anticipated to change in the twelve months following June 30, 2015. During the years ended June 30, 2015 and 2014, LIIF recognized no interest or penalties associated with the unrecognized tax benefits. LIIF is subject to filing of U.S. federal, New York, and California informational returns. Federal and New York returns for years ended June 30, 2012 through June 30, 2015, and California returns for years ended June 30, 2011 through June 30, 2015 are currently open for potential federal and state examination. true Alameda Unified School District 2200 Central Avenue Alameda CA 94501 946002061 115(A) 25000 Child Care Facility Quality Rating and Improvement System Grant Asian Americans for Equality Inc 2 Allen Street 7th Floor New York NY 10002 133187792 501(c)(3) 125000 Low-Income Community Development Bay Area Child Care 39201 Sundale Drive Fremont CA 94538 943139183 501(c)(3) 6000 Child Care Facility Quality Rating and Improvement System Grant BRIDGE Housing Corporation 600 California Street Suite 900 San Francisco CA 94108 942827909 501(c)(3) 125000 Low-Income Community Development CASA de Maryland Inc 8151 15th Avenue Hyattsville MD 20783 521372972 501(c)(3) 125000 Low-Income Community Development Chicago Community Loan Fund 29 E Madison St 1700 Chicago IL 36376 363762123 501(c)(3) 125000 Low-Income Community Development Child Education Center PO Box 2314 Berkeley CA 94702 942815999 501(c)(3) 24500 Child Care Facility Grant Child Family and Community Services Inc 32980 Alvarado-Niles Rd Suite 846 Union City CA 94587 942202153 501(c)(3) 6000 Child Care Facility Quality Counts Grant Common Ground Communities Inc 125 Maiden Ln Suite 16C New York NY 10038 273523909 501(c)(3) 125000 Low-Income Community Development East Bay Asian Local Development Corp 1825 San Pablo Ave 200 Oakland CA 94612 510171851 501(c)(3) 125000 Low-Income Community Development Fairfield County Community Foundation Inc 383 Main Avenue Norwalk CT 06851 061083893 501(c)(3) 125000 Low-Income Community Development Foodlink Inc 1999 Mt Read Blvd Rochester NY 14615 222428304 501(c)(3) 53000 Healthy Food/Healthy Communities Grant Frazier Revitalization Inc 5646 Milton St Suite 407 Dallas TX 75206 203395474 501(c)(3) 125000 Low-Income Community Development Friends of St Francis Childcare Center 50 Belcher St San Francisco CA 94114 942680092 501(c)(3) 7001 Child Care Center Renovation & Repair Grant Henderson Ford 810 Ridge Road Webster NY 14580 223842212 28393 Healthy Food/Healthy Communities Grant Jubilee Housing Inc 1640 Columbia Rd NW 2nd Floor Washington DC 20009 520986261 501(c)(3) 125000 Low-Income Community Development Kai Ming Inc 900 Kearny St 600 San Francisco CA 94133 510137847 501(c)(3) 85000 Child Care Center Capital New Development Kidango Inc 44000 Old Warm Springs Blvd Fremont CA 94538 942581686 501(c)(3) 9000 Child Care Facility Quality Rating and Improvement System Grant LINC Housing Corporation 555 E Ocean Blvd 900 Long Beach CA 90802 330578620 501(c)(3) 125000 Low-Income Community Development Little Tokyo Service Center Comm Dev Corp 231 E Third St G106 Los Angeles CA 90013 954444102 501(c)(3) 125000 Low-Income Community Development Mission Neighborhood Centers Inc 362 Capp Street San Francisco CA 94110 941408150 501(c)(3) 217613 Child Care Center Pre-Development Neighborhood Housing Services of South FL 300 NW 12th Avenue Miami FL 33128 591845761 501(c)(3) 125000 Low-Income Community Development Oakland Unified School District 746 Grand Ave Oakland CA 94610 946000385 115(A) 14000 Child Care Facility Quality Rating and Improvement System Grant Portola Family Connections Center Inc 2565 San Bruno Ave San Francisco CA 94134 943213689 501(c)(3) 30000 Child Care Center Pre-Development South of Market Child Care Inc 790 Folsom Street San Francisco CA 94107 943146532 501(c)(3) 30000 Child Care Center Pre-Development Telegraph Hill Neighborhood Center 660 Lombard Street San Francisco CA 94133 941167422 501(c)(3) 65600 Child Care Center Capital New Development The Food Trust One Penn Ctr 1617 John F Kennedy Bl Philadelphia PA 19103 232678383 501(c)(3) 15012 Administration Expenses Support The Reinvestment Fund Inc 1700 Market Street 19th Floor Philadelphia PA 19103 232331946 501(c)(3) 50000 Healthy Food/Healthy Communities Grant Wu Yee Children's Services 827 Broadway St 2nd Floor San Francisco CA 94133 942387002 501(c)(3) 98900 Child Care Center Capital New Development YMCA of the Central Bay Area 2009 10th Street Berkeley CA 94710 941156635 501(c)(3) 57500 Child Care Facility Grant Youth Policy Institute Inc 634 S Spring Street 10th Floor Los Angeles CA 90014 521278339 501(c)(3) 125000 Low-Income Community Development 30 1 Child Care Fac. Quality Rating & Improvement Sys. 9 15500 Family Child Care Expansion 3 25000 Family Child Care Renovation & Repair 3 7558 Procedures for Monitoring Use of Grant Funds Schedule I, Part I, Line 2: LIIF receives signed contracts from grantees prior to releasing grant funds. The contracts spell out the specific use of funds. LIIF employees follow up with grantees to verify proper use of funds. The majority of our grants are made from pass-through grant funds for which LIIF has reporting obligations back to the original grantor. X true true X X X X X false false false false false false false true false Kimberly Latimer-Nelligan COO & EVP, Comm Invest Prgrms 290786 0 108000 0 0 0 10400 0 19771 0 428957 0 0 0 Brian Prater EVP Strat Dev & Public Affairs 204638 0 56000 0 600 0 10400 0 30930 0 302568 0 0 0 M Elizabeth Tracey SVP, Northern CA Lending 169490 0 42500 0 0 0 8580 0 2510 0 223080 0 0 0 Roxanne Huey VP, Finance & Corp Controller 170175 0 30000 0 0 0 8394 0 35425 0 243994 0 0 0 Jonathan Harwitz Managing Director, Fed Policy 174111 0 15000 0 287 0 8118 0 39392 0 236908 0 0 0 Diane Borradaile SVP Natl Markets/Cap Solutions 169358 0 16200 0 0 0 7688 0 38118 0 231364 0 0 0 Cecile Chalifour Director, Southern CA Region 145620 0 29711 0 0 0 7369 0 23086 0 205786 0 0 0 Kirsten Shaw Deputy Director, Eastern Reg. 130656 0 24800 0 0 0 6272 0 1545 0 163273 0 0 0 Amy Laughlin Director, National NMTC 117060 0 17985 0 600 0 5963 0 35681 0 177289 0 0 0 Candace Wong Director CA Child Dev Programs 123738 0 12550 0 0 0 5618 0 9386 0 151292 0 0 0 Nancy O Andrews Director / President and CEO 346364 0 125000 0 600 0 10400 0 3549 0 485913 0 0 0 Donald P Lofe Jr EVP, CFO & CAO 289628 0 81000 0 0 0 10400 0 39327 0 420355 0 0 0 Health or Social Club Dues or Initiation Fees Schedule J, Part I, Line 1a: The organization reimburses employees for health club membership dues up to $50 per month as a wellness benefit when membership reimbursements are submitted. This benefit is included in compensation on Schedule J, Part II, Column (b)(iii). Non-Fixed Payments Schedule J, Part I, Line 7: During the 2014 calendar year, the organization provided individuals listed on Form 990, Part VII and Schedule J non-fixed payments in the form of bonuses. All bonuses are discretionary, and are based on several factors including individual performance, company goals, and individual goals. At the end of each fiscal year, the President & CEO and Executive Committee approve bonus limits to be paid-out. X Office Equipment 16 75422 Fair Market Value false true false Program Service Accomplishments Form 990, Part III, Line 4a: Lending Activities: Because no single approach alone can lift a family out of poverty, LIIF employs a holistic strategy that focuses on five priority programs--housing, child care, education, transit oriented development and health (through access to healthy food and health care clinics). These programs are supported by LIIF's federal policy presence that works to preserve and maintain community capital programs. LIIF uses innovative strategies to attract private capital to areas with underserved communities that would otherwise be out of reach. Since inception, we have provided over $1.8 billion to projects serving low income families and individuals, and these investments have leveraged nearly $8.7 billion in other capital investments. LIIF's work supports those most in need--of the 1.8 million people served through LIIF's financing and technical assistance, over 97% have been low income. LIIF's flexible and affordable capital fills a gap for community development organizations that are unable to consistently access loans from traditional financial institutions. LIIF makes direct loans through its revolving loan fund ("RLF") and other loan funds. LIIF also underwrites and packages loans acquired by banks, other intermediaries and conventional lenders through innovative program specific funds to support community development organizations across the nation. LIIF complements its loans with thorough, time-intensive technical assistance ("TA"). LIIF's TA guides organizations through real estate development, helping them develop and sustain their financial stability to ensure prudent planning and management of their financial obligations and ultimately, enables these community borrowers to ready their organizations to approach conventional lenders. Affordable housing is the cornerstone of LIIF's work, comprising half of the organization's historical activity. Since its inception, LIIF has invested more than $900 million to support the development of 67,000 units of affordable housing, which has produced enhanced living conditions and saved low income families more than $17 billion through reduced housing costs. Availability of affordable housing is vital in creating a foundation for family stability and community revitalization, and it plays a critical role in advancing family well-being--linked, as it is, to employment, wage gains, educational attainment and generally improved health for poor families. Education is a key component in enhancing opportunities for economic mobility and asset growth for low income households. LIIF launched its education program in 1998, and currently focuses in helping charter schools bring quality educational opportunities to underserved, distressed communities. LIIF's education program uses a three-pronged approach to achieve its goals: providing direct financing for schools, leveraging third-party capital for schools, and building the capacity of school developers and the education system. LIIF is one of the largest CDFI charter school financiers in the nation, having invested over $466 million supporting the development of 75,000 quality charter school spaces for low-income students. LIIF's Transit Oriented Development ("TOD") Program invests in projects that place affordable housing and vital community services close to accessible transportation. LIIF manages the $50 million Bay Area Transit-Oriented Affordable Housing ("TOAH") fund, an innovative structured fund that provides developers with flexible, affordable capital to purchase or improve available property near transit lines in the Bay Area. Program Service Accomplishments Form 990, Part III, Line 4b: Other Development Services: Other development services include key initiatives that support high quality early child care and transit-oriented development ("TOD"). Equitable Transit-Oriented Development ("ETOD") - LIIF's ETOD program responds to the need for financing solutions that provide flexible, affordable capital for projects that integrate community development investments with high quality transit systems. Through our ETOD program, LIIF provides technical assistance to other regions looking to employ ETOD strategies and create funds that support ETOD expansion in their cities. LIIF continues to expand ETOD strategies through our $50 million Bay Area Transit-oriented Housing Fund and is supporting the exploration of a new transit-oriented fund in Los Angeles. This year, LIIF is joining partners to host the 2016 Rail~Volution conference, a national gathering of transit leaders focused on improving access and opportunities for underserved communities. LIIF is also partnering with organizations in the health and environment sectors to launch a national initiative centered around ETOD strategies for low-income communities later this year. Early Childhood Education - In consultation with the Department of Education ("DOE"), LIIF designed and launched the Deutsche Bank Pre-K Capacity Fund to provide community based child care operators with access to no-cost bridge financing to enable them to secure operating permits, enhance facility quality, and be ready to provide services under a pre-K contract from the DOE. The Fund bridged funding that the City would provide upon pre-K contract registration with the City Comptroller. LIIF provided technical assistance to 16 organizations that applied for funding, focused on guiding applicants through the application and funding process. Eight of those organizations were funded. Partners in Progress - LIIF, in partnership with the Citi Foundation, provided grant funding, technical assistance, and focused group trainings to 14 community based organizations in 10 cities across the country through the Partners in Progress ("PIP") initiative. PIP was established to help advance economic progress in low-income communities by supporting "community quarterbacks". Community quarterbacks are trusted organizations that align objectives, resources, and efforts among cross-sector stakeholders to create strong, resilient neighborhoods. Over the course of the two-year program, the quarterbacks engaged over 400 partners to accelerate opportunity for more than 1 million people with the help of LIIF and Citi Foundation. Program Service Accomplishments Form 990, Part III, Line 4c: Child Care Program: Quality child care enables parents to work or attend school without worry for their children's well-being. LIIF launched its child care program in 1998, offering loans, grants and technical assistance to support the development of high quality child care slots for low income families. Since the program's inception, LIIF has provided trainings and workshops on the development and financing of child care center facilities and one-on-one technical assistance to providers. In addition, LIIF has offered millions of dollars in loans and planning grants. Its child care goals are accomplished through three primary funds: the award-winning Child Care Facilities Fund, the Los Angeles Emergency Bridge Fund, and the Fund for Children and Communities. Program Service Accomplishments Form 990, Part III, Line 4d: National Policy: LIIF designs and implements advocacy strategies to ensure the organization is active in federal policy initiatives relevant to its main program areas. The national policy program advances the policy agenda of LIIF, leveraging relationships and building dynamism around the organization and its mission of poverty alleviation. Form 990 Review Process Form 990, Part VI, Section B, Line 11b: Grant Thornton LLP and the LIIF staff work together in gathering the required tax information necessary to complete the tax returns. The initial draft returns are reviewed by Grant Thornton and the LIIF finance staff; items are discussed and reviewed, with recommended changes reflected in the returns before filing. A copy of the tax return is provided to the Organization's Audit Committee appointed by the governing body before filing. The governing body has delegated review and approval of the tax return to the Audit Committee. The tax return will also be made available to the full Board, but will be done so after filing with the Internal Revenue Service for the June 30, 2015 fiscal year. Conflict of Interest Policy Form 990, Part VI, Section B, Line 12c: Key employees and management officials are required to disclose immediately interests that could give rise to conflicts. Members of the board of directors are required to annually complete conflict of interest surveys identifying potential conflicts. The results of these surveys are communicated amongst the entire board to ensure all members are aware of potential conflicts that may arise during the year. Members of loan committees must recuse themselves from decisions that could give rise to conflicts of interest. In general, conflicts of interest are limited to individual transactions in which LIIF is considering undertaking with organizations with which a board member may have a relationship. As a result, it is relatively straightforward to monitor compliance. Process Used to Establish Compensation of President & CEO / Key Employees Form 990, Part VI, Section B, Lines 15a and 15b: Key employees, as defined by IRS regulations and including the Presdient & CEO, are included in annual compensation review and approval. An outside independent consultant conducts a review of comparable data drawn from various sources including industry data and compensation reported by similar organizations, including review of Form 990 filings. These summaries are presented to the Executive Committee of the board of directors (comprised of independent directors) which is responsible for reviewing compensation and recommending adjustments to the board of directors who approve the adjustments. Deliberations and decisions are substantiated. Documents Available to the Public Form 990, Part VI, Section C, Line 19: LIIF makes available to the public its financial statements in summary form through its annual report, which is disseminated widely and available to others upon requires. The organization's by-laws, Form 990 filing, and conflict of interest policy are available upon request. Other Changes in Net Assets Form 990, Part XI, Line 9: Impairment Loss: $(1,313,635) Reversal of Prior Year Grants $ 1,738 Fund for Children and Communities LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 753075371 LENDING DE 280214 7392233 LIIF FoodCo LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 1422772 19995124 LIIF LIIF REO I LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 REAL ESTATE CA 0 0 LIIF LIIF New Markets LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 802473 235255 LIIF LIIF New Markets I LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 52553 24014 LIIF NM LLC LIIF New Markets II LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 42543 2932 LIIF NM LLC LIIF New Markets III LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 37569 1806 LIIF NM LLC LIIF New Markets IV LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 34990 4315 LIIF NM LLC LIIF New Markets V LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 52544 24371 LIIF NM LLC LIIF New Markets VI LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 151732 23233 LIIF NM LLC LIIF New Markets VII LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 31544 26357 LIIF NM LLC LIIF New Markets VIII LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 52597 5384 LIIF NM LLC LIIF New Markets IX LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 44007 23309 LIIF NM LLC LIIF New Markets X LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 23845 14652 LIIF NM LLC LIIF New Markets XI LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 105214 10807 LIIF NM LLC LIIF New Markets XII LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 942952578 LENDING DE 53506 14901 LIIF NM LLC LIIF TOAH Member LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 275178180 Housing Dvlp. DE LIIF Related 38766 16185394 false 0 false 0.99990 BATOAH LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 275288604 Housing Dvlp. DE LIIF TOAH Related 40070 16308100 false 0 true 0.33330 LA County Housing Innovation Fund LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 262824480 LENDING CA NA Related -274 9911 false 0 true 0.33330 GSAF LLC 50 California Street Ste 2900 SAN FRANCISCO CA 94111 455350755 Lending CA NA Related 24324 5860827 false 0 true 0.25000 LIIF NMTC Holdings LLC 50 California Street Suite 2900 San Francisco CA 94111 461849564 Lending DE LIIF C Corp 0 160 1.00000 true false false false true false false false false false false false true false true true false true false false