Helping Neighbors Build Community Across Massachusetts
Local Initiatives Support Corporation (LISC) equips communities with the capital, strategy, and know-how to become places where people can thrive. Working with local leaders, we invest in affordable housing, health, education, public safety and employment – all basic needs that must be tackled so that progress in one area is not undermined by neglect in another.
As part of a national organization with deep local roots, LISC Massachusetts is uniquely positioned to share resources, best practices, and innovations with the communities we serve. We provide funding, financing, and technical assistance to community development corporations (CDCs), nonprofit developers, grassroots organizations, as well as policy and advocacy organizations throughout Massachusetts.
News
Investing In A Future For Us All: LISC’s 2023 Annual Report is here!
It was a year of new leadership, new vision and renewed commitment. We invested an extraordinary $2.4 billion and doubled down on our work to create affordable housing, catalyze financial opportunity and promote climate resiliency. And so much more.
With Statewide Expansion Community Development Organization Aims to Extend Reach
LISC Massachusetts plans to continue supporting key community work in and around Boston, however, it recognizes the urgent community development and equity needs across the state.
LISC and Partners Launch “What’s Possible”: A Blueprint for Sustainable American Communities
LISC, Enterprise Community Partners and the Federal Reserve Bank of New York have published What's Possible: Investing NOW for Prosperous, Sustainable Neighborhoods. With contributions from LISC green and financing experts, the volume is a timely and crucial guidebook to equitable green investing and community development and especially timely on the heels of the historic $20 billion in federal investment to expand access to clean energy and climate solutions.
LISC and Coalition Partners Awarded $2 Billion via National Clean Investment Fund
LISC is one of five organizations leading Power Forward Communities, a new coalition investing in green housing and jobs to support economic opportunity and climate resilience. Today, the EPA awarded the coalition $2 billion to implement a decarbonization strategy that also lifts up under-resourced communities—making housing more affordable, mitigating climate impacts and improving local health.
State Announces Second Set of Awards and Third Round of Funding to Support Deep Decarbonization in Affordable Housing
Fairweather Apartments in Salem and Prospect Place in Northampton are the second pair of projects to receive funding from the Climate Ready Housing program created for affordable housing owners to achieve deep reductions in energy use and carbon emissions in the refinancing, renovation, and preservation of their properties.
Crain’s NY Names LISC President & CEO, Michael T. Pugh, a 2024 Notable Leader in Finance
In naming Michael Pugh a leader in finance, Crain's NY noted his leadership of LISC, a CDFI that has invested $30 billion in underserved communities, as well as his accomplishments in establishing a loan fund leveraging alternative data and cultivating the next generation of financial leaders at HBCUs.