LISC Fund Management, LLC (“LFM”) was organized in March 2019 as a Delaware limited liability company with a principal place of business in New York, NY. Local Ini a ves Support Corpora on, a New York non-profit corpora on (“LISC”) is the sole member of LFM. LFM operates within LISC Strategic Investments, a division of LISC. LFM, a Delaware limited liability company, filed to do business as LISC Strategic Investments and discloses LISC Strategic Investments as another name under which LFM’s advisory business is conducted on LFM’s Form ADV Part 1A. Certain employees of LISC perform investment advisory func ons for LFM (“LFM Supervised Persons”). These individuals are included as employees of LFM for Form ADV Part 1 purposes as the instruc ons call for including individuals other than employees (e.g., independent contractors) providing investment advisory func ons for the investment adviser. Certain other LISC employees provide other than investment advisory func on support to LFM and are not included as “employees” or treated as LFM Supervised Persons. All LISC employees are subject to LISC supervision and policies and procedures. LFM is an investment adviser registered with the SEC under the Investment Advisers Act of 1940 (the “Advisers Act”). Registra on as an investment adviser does not imply that LFM or LFM Supervised Persons possess a par cular level of skill or training in the investment advisory business or any other business. We serve as the investment adviser, with discre onary trading authority, to private, pooled investment vehicles (“Funds” or “Clients”), the securi es of which are offered through a private placement memorandum to accredited investors (“Fund Investors”),

as defined under the Securi es Act of 1933, as amended, and qualified purchasers, as defined under the Investment Company Act of 1940, as amended. We do not tailor our advisory services to the individual needs of any par cular Fund Investor. Supervised Persons have discre onary authority as part of a team and there is no direct client contact. Accordingly, pursuant to Form ADV instruc ons, a Form ADV Part 2B, Brochure Supplement has not been prepared. As of the me of this filing, the following Funds are under LFM’s management:  The Bay’s Future Fund LLC, a Delaware limited liability company;  Black Economic Development Fund LLC, a Delaware limited liability company;  BFF Preservation Side Car LLC, a Delaware limited liability company;  Charlotte Housing Opportunity Investment Fund LLC, a Delaware limited liability company;  Community Housing Fund LLC, a Delaware limited liability company;  Detroit AHLF-CDFI Fund LLC, a Delaware limited liability company;  NY Forward Loan Fund Trust, a Delaware statutory trust;  Southern Opportunity and Resilience Fund LLC, Delaware limited liability company;  Entrepreneurs of Color Loan Fund LLC, Delaware limited liability company;  Charlotte Housing Opportunity Investment Fund II LLC, a Delaware limited liability company; and  Dallas Housing Opportunity Investment Fund LLC, a Delaware limited liability company. Our investment decisions and advice with respect to the Funds are subject to each Fund’s investment objec ves and guidelines, as set forth in each Fund’s respec ve “Offering Documents”, as applicable. As of December 31, 2023, LFM managed $ 840 million in regulatory assets under management on a discre onary basis.