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LISC’s CEO Offers Valuable Insight into the Federal Reserve
LISC

This year, the Federal Reserve is taking a “listening tour” of America in order to update its economic policies and strategy. In an article for Vox, economist Jared Bernstein analyzed a recent Fed panel where LISC CEO Maurice A. Jones described how the tight labor…

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LISC to Deploy $60 Million Grant Through Subsidiary
LISC

The Community Development Financial Institutions (CDFI) Fund, part of the U.S. Treasury Department, announced the recipients of $3.5 billion in New Markets Tax Credit (NMTC) allocations for 2019. The awards include $60 million for LISC, which will be deployed through its subsidiary, the New Markets…

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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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