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.
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 …
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 …