The Life Initiative Story
A Dual Bottom Line Fund
In 1998, the Massachusetts Legislature, with the support of the life insurance industry and community development groups, passed legislation which created a new $100 million fund. This fund, The Life Initiative (TLI), was established to provide capital to projects that benefit low and moderate income communities and households. TLI defines itself as a dual bottom line fund. We evaluate projects for both a measurable community benefit and financial viability.
Investing in the Commonwealth of Massachusetts
Over the last eleven years, TLI has invested more than $200 million in projects that benefit low and moderate income households and communities. TLI has supported the creation or preservation of over 2,335 affordable housing units, 2,100 jobs, 975 childcare slots and 8 community facilities. We have helped over 85 borrowers, both non-profit and for profit.