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LISC Uses Grant to Fuel Economic Recovery in Puerto Rico
LISC

The Local Initiatives Support Corporation (LISC) is using a $1 million grant from Wells Fargo to support economic recovery in storm-ravaged communities in Puerto Rico. The grant is helping fund LISC’s new Kiva Puerto Rico Match Fund, which is expected to finance 70 businesses across…

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The Power of Small Business
LISC

Last year, LISC launched its newest subsidiary, the SBA-guaranteed lender immito, to scale their ability to reach and support underserved small businesses and help spur job growth across the country. Immito’s founding president, Julie Huston, sat down to discuss immito, the economic and social power…

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LISC Celebrates $20 Billion in Investments and 40 Years of Impact
LISC

The Local Initiatives Support Corporation (LISC) launched its 40th anniversary celebration today with an announcement that it has surpassed $20 billion in direct community investments and is set to further expand with new partners and programs across the country. Since its founding in 1979, the…

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LISC Invests $1 Million In Impact Focused Funds
LISC

The Local Initiatives Support Corporation (LISC) is using a portion of its investable assets to reinforce its mission of catalyzing opportunity throughout the country. LISC has recently expanded their impact investing strategy with $1 million in SustainVC Impact Fund focused on social and environmental impact….

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A RADical Way to Preserve Affordable Housing in San Francisco
LISC

In order to preserve a major portion of its decaying public housing stock, the City of San Francisco is using HUD’s Rental Assistance Demonstration program to convert thousands of homes to non-profit ownership. LISC has helped guide the rehabilitation of these neglected units, with community developers and residents leading the way.

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In Flint, an Avenue Leading to Safety Photos by Annie O’Neill
Annie O'Neill

For decades, the residents of Flint, Michigan have endured high rates of crime alongside devastating unemployment, depopulation and blight—and recently, a severe water crisis on top of that. But the energy and commitment of neighbors, business people and key anchor institutions are transforming the historic University Avenue corridor.

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A Role Model For Philanthropy
Beth Marcus

In honor of National Philanthropy Day, Beth Marcus, senior vice president for development, reflects on the many contributions of a special member of the LISC community and how her leadership is a model of great philanthropy.

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$75 Million For Jobs, Homes & Business in Detroit
Sherri Welch

Detroit LISC announced that it will double its investment in the city’s neighborhoods over the next three years to finance affordable homes, businesses and living-wage jobs. An article in Crain’s lays out the details of the plan, which is expected to leverage another $225 million in development, and expand investment into 10 new neighborhoods.

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