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.

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.

With 30 years of experience in banking, most recently as president and CEO of Carver Bancorp, Pugh will lead LISC’s national network of programs and offices, as well as comprehensive investment strategies that address gaps in health, wealth and opportunity across the country. “He is passionate about extending opportunities to people who have not had …