LISC and Meta joined forces on a $5 million effort to build the capacity of 20 community organizations to fuel jobs, housing, health, and economic development in underinvested communities. The program is unique because it provides flexible funding that organizations can use to strengthen staffing and operations, expand community outreach capabilities, and develop fundraising strategies.

By Mark Kudlowitz, LISC Senior Policy Director

Recent research highlights the importance and needs of nonprofit community development organizations. LISC’s Mark Kudlowitz examines how this data informs our work and the need for additional resources to support these groups’ abilities to help communities across the country.

In a new blog, LISC’s Matt Josephs connects the dots from community development policy discussions to actual funding streams, highlighting positive local outcomes that would not otherwise move forward. "It would be nearly impossible to unlock the tens of billions of dollars of private financing needed each year to scale up progress without strong federal support,” he writes. "We are grateful for the confidence federal agencies have shown in LISC and others in the community development finance field…"

By Matt Josephs, LISC Senior Vice President for Policy

Strong public policies have always been critical to promoting affordable housing, economic development, health, and jobs. The urgency surrounding these issues remains ever-present. LISC SVP for Policy Matt Josephs zeroes in on the goals of LISC’s federal policy agenda in a blog highlighting proposals that tackle gaps in health, wealth and opportunity affecting millions of families and their communities.

With a new grant from Umpqua Bank, LISC is working with local organizations in three states to fuel equitable homeownership opportunities in low-to-moderate income communities, especially for people of color. "This kind of capacity-building support is like oxygen for nonprofits, and we are so grateful to Umpqua for recognizing the value of flexible funding for racial equity in homeownership,” said LISC President Denise Scott.

A Minneapolis Post columnist takes an in-depth look LISC Twin Cities’ Development of Color initiative, which has cultivated a cohort of visionary BIPOC developers committed to making a difference in their communities. The program helps equip them with the tools and resources needed to tackle barriers in their markets, including bridging gaps in accessing equity financing, “a key to broadening who works in real estate,” writes the author. “For these developers of color, there’s the equity gap, and then there’s the equity gap. This program is aimed at solving both of those problems.” The excerpt below was originally published on MinnPost: Twin Cities org gives tools, support to developers of color​​​​​​​ By Bill Lindeke