The Local Initiatives Support Corporation (LISC), under the Massachusetts Small Business Growth Fund, closed on its first growth capital investment to Privé Parking LLC for $100,000. Privé Parking LLC, a Black-owned parking management company that offers valet services around the Boston area. Owner Ricardo Pierre-Louis will use the funds from the Massachusetts Small Business Growth …
LISC recently approved acquisition funding, supporting The Neighborhood Developers' (TND) acquiring and preserving twenty-seven (27), 100% affordable homes for seniors and individuals with disabilities in Chelsea.
In honor of Black History Month, we are reflecting on the extraordinary and deeply influential life of Franklin Thomas, founding leader of Bedford Stuyvesant Restoration Corp—the country’s first CDC—the first Black man to head the Ford Foundation, and the original architect of LISC. His dedication to helping revitalize neighborhoods by putting people and communities front …