2023 Annual Report
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. [...]
LISC Small Business Relief Grants
We will support small businesses and enterprises affected the Covid-19 across the country, especially those in underserved communities, including entrepreneurs of color, women- and veteran-owned businesses that often lack access to flexible, affordable capital. To find out more about the grants and application, please visit our National website. [...]
Investing with a larger vision
Our work to build stronger, more sustainable communities is guided by a larger vision of community development. Since 1990, we have invested more than $200 million in Detroit's neighborhoods to create good places to live, do business, and play. The key to our success has been our expanded vision of community development.
The projects we invest in are creating jobs, making communities safer, providing new educational opportunities, and helping families enter the economic mainstream of American life. They are creating new hope in neighborhoods where hope and opportunities have been in short supply for far too long.
Our Stories
Rob Lockett Takes the Helm at LISC Detroit to Build on $400+ Million Track Record of Community Investment and Impact
LISC has named Rob Lockett, an innovative philanthropic and business leader, as the new executive director of LISC Detroit. Lockett most recently served as the team leader for national housing stability at Rocket Community Fund. “Rob knows how to connect the dots from capital to community to long-term positive impact,” noted Dr. Ruth Jones Nichols, LISC executive vice president for local and national programs.
City begins next $1B investment in affordable housing at groundbreaking for Preserve on Ash in North Corktown
“The Detroit Housing for the Future Fund was designed for the sole purpose of expanding affordable housing options like Preserve on Ash for Detroiters” said Michael T. Pugh, LISC president and CEO. “The DHFF is a key tool helping us fight inequality and housing instability in the city. We are grateful for our corporate and philanthropic funders for helping us create a better Detroit for all."
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.
LISC Receives $2M Grant from The DICK’S Sporting Goods Foundation to Renovate Sports Spaces for Youth in Under-Resourced Communities
With a new $2 million grant from The DICK’S Sporting Goods Foundation, LISC opens a second application round for Game On-Community Places to Play, an initiative that funds the renovation of indoor and outdoor athletic spaces for young athletes, particularly in under-resourced communities. The deadline to apply for a grant is September 5, 2024.
Building Inclusive and Healthy Neighborhoods, Block by Block: Findings from 11 Neighborhoods Nationwide
A new report from Brookings Metro examines LISC’s community-centered economic inclusion initiative, which centers neighborhoods as the key setting for driving strong regional economies. The lessons in this report make one thing clear: To truly transform the prosperity and well-being of entire cities and regions, it’s past time to abandon top-down or “trickle-down” approaches and embrace the actionable, community-rooted models that have demonstrated impact in cities and neighborhoods nationwide. Image courtesy of Jana River Medlock Photography