Stories
LISC Impact Notes and Racial Equity: An Update on Progress
In 2020, LISC Impact Notes pledged to support Project 10X and invest in racial equity. In the blog below Kathleen Keefe, LISC's Investor Relations and Portfolio Reporting Lead, shares the important projects Impact Notes has taken on to reach 10X goals.[...]
LISC Awarded $65M in New Markets Tax Credits
The CDFI Fund announced New Markets Tax Credit (NMTC) awards to 104 organizations today, including a $65 million allocation for LISC, the largest amount allocated to recipient groups. It brings LISC’s total NMTC awards to nearly $1.3 billion, which we have leveraged to fuel the development of retail, manufacturing, health care, childcare, and education facilities in under-resourced communities. LISC’s NMTC work is managed by its affiliate, Broadstreet Impact Services, a community investor and fund services firm focused social and economic impact across the country.
Emergency Management Consulting Firm is Charting New Territory, with Help From LISC
Houston-based Laveer Logix recently received a $260,000 working capital loan from LISC to expand its capacity to serve federal agencies and fuel growth through new contracts. The loan was supported by the Abbott-LISC Initiative to Support Diverse Businesses in Health and the LISC Entrepreneurs of Color Fund supported by JPMorganChase.
Teacher Diversity is Important. Here’s What We’ve Learned about Recruitment Best Practices.
Research has shown that a diverse teaching staff has a positive impact on student performance. Daniel Stinfil, senior portfolio manager for LISC Charter School Financing, shares best practices from school leaders for attracting and retaining a diverse teaching and leadership staff.
Standing Up for Small CDCs
In a new commentary for Shelterforce, LISC’s Bill Taft talks about the enormous value of small, community-focused development organizations to the people and places they serve—urging funders and investors to prioritize their well-being as part of larger strategies for place-based impact.
Celebrating Black-owned Businesses in August—and the Rest of the Year!
Black-owned businesses face systemic barriers to accessing capital and credit. In honor of Black Business Month, we’re sharing our favorite stories about the entrepreneurs we’ve worked with and who have benefitted from the funding partnerships that help break down the obstacles to progress and success.
Celebrating 50 Years of CDBG: Empowering Communities and Building Stronger Futures
Since 1974, the Community Development Block Grant program has been one of the most critical federal resources for affordable housing, community development, infrastructure, and disaster recovery. LISC’s Mark Kudlowitz shares LISC’s long history of utilizing the program in partnership with our community-based partners and what’s needed from Congress to strengthen the program for the future.