Recent News & Stories
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.
From Housing to Economic Mobility: Inside LISC’s Strategies for Change with CEO Michael T. Pugh
In a wide-ranging interview with Denver Fredericks, host of the Business of Giving podcast, LISC CEO Michael T. Pugh describes the pillars of LISC's work investing in communities and what's on the horizon for the CDFI under his leadership. "[We] can be a real catalyst for economic development in communities," says Pugh. "And frankly the best is yet to come."
With the Updated CRA in Limbo, What Comes Next?
LISC’s Matt Josephs takes a look at the long-awaited modernization of the Community Reinvestment Act (CRA), calling it "fair, workable and strong." But he also warns of the chilling effects of uncertainty, as a legal challenge stalls implementation of the final rule, and offers a series of next steps for banks, regulators and community development practitioners. "Right now, it is critical that we maintain the momentum around CRA,” he writes.
Rising to the Challenge in 2021
View our online event celebrating 24 Years Working in Duluth - Rising to the Challenge
Quick Links:
Meet Microgrant Recipients: Janessa Lott & Ray Moore
Building Healthy Communities Award - Featured Project: Decker Dwellings
What's Happening in Duluth
Click Image to View 2021 Video: The COVID-19 pandemic brought many new challenges to our way of life -- changing the way we work, interact with others and learn. LISC Duluth and partners rose to the challenge to address inequities in health, wealth and education through digital inclusion and access. [...]
Opportunity Zones
Duluth Opportunity Zones Portal
Explore our new portal to learn more about Duluth's zones and the Opportunity Zones incentive. [...]
We Are in the Zones
Find our how LISC is working in Opportunity Zones across the country [...]
Resources
Get the latest tools and information related to Opportunity Zones. Including federal and state resources [...]
Opportunity Zones 101
Not sure what Opportunity Zones are? We've compiled frequently asked questions on design, timeline and impact [...]
About Duluth LISC
Duluth LISC is one of 31 local offices of Local Initiatives Support Corporation (LISC), a national nonprofit community development organization and CDFI. Overall, LISC has invested $17.3 billion in neighborhoods and rural communities across the United States.
We combine corporate, government and philanthropic resources and have invested $90 million, leveraging $302,331,771 million in Duluth to develop or preserve 1,684 units of housing, created 186 new child-care spaces, 1,553 new jobs. Duluth LISC works to see people and places prosper by addressing comprehensive revitalization, affordable housing development and preservation, and building the capacity of local community development organizations to see neighborhoods are places of choice and opportunity to all. Learn more.