Impact
It has only been a short time since we opened our doors in 2019, and yet our local investments achieved exceeded $60 million as we already had a profound impact on the Charlotte community.
- We’re bringing together the public and private sectors for the common good, gathering corporate, philanthropic, government and LISC funding to build momentum.
- We’re nurturing a grassroots revival of neglected neighborhoods such as the Historic West End by supporting community groups.
- We’re helping small businesses weather difficult times and prepare for future growth with the help of funding and training.
- We’re taking an active role in expanding the city’s affordable housing stock to the benefit of all.
Our accomplishments are many, and yet mark only the beginning of what we believe will be a big difference for the Charlotte community.
LISC Charlotte is excited to share three years of impact in its key areas of work–empowering people, transforming places, supporting enterprise and driving systems innovation. Since 2019, LISC has worked with grassroots organizations, small businesses and commercial developers, community residents and large businesses to engage residents in the process of system change.
CHOIF Impact
1,047 units
of affordable housing supported in less than three years
$20 million
leveraged from the City's Housing Trust Fund to deepen the impact for low to moderate-income individuals
Overall Impact
$3.9 million
deployed to 221 small businesses during the start of the COVID pandemic
using City of Charlotte and private dollars raised by LISC of which 96% of businesses
identified as entrepreneurs of color and 69% as women owned
$1.9 million
channeled in funding with the City of Charlotte and the Knight Foundation to boost commercial projects on the city’s Historic West Side
$790,000
in emergency funds from the City of Charlotte that LISC managed and distributed to small businesses during the pandemic
$500,000
in grant funds targeting ways to expand quality of life services for affordable housing residents
$300,000
secured in funding to help the City of Charlotte rehabilitate single family homes
Our Top Stories
Fast Company highlights LISC Charlotte’s work on affordable housing. (January 2021)
Charlotte Business Journal examines how LISC Charlotte’s work funding and assisting small businesses is making a difference. (October 2020)
Several news reports highlight a $20 million contribution from Fifth Third Bank and its work with Enterprise Community Partners to transform the Historic West End. (May 2021)