Economic Development

A new LISC brief offers insight and guidance to stakeholders looking to forge robust small business ecosystems in historically under-invested communities, the same communities that have also borne the brunt of the pandemic's economic fallout.

LISC and Next City are partnering to produce the Elements of an Equitable Recovery series, which highlights solutions to help small, especially woman- and minority-owned, businesses survive and thrive. 

A new toolkit from LISC and Bloomberg Associates outlines the challenges facing underserved businesses, the importance of supporting their recovery, and some key principles to guide City policies and programming.

The Federal Reserve Bank of New York and Upstart Co-Lab co-hosted a conversation about the economic power of New York City’s creative sector; culture as a driver of community well-being; and how endowed cultural institutions can amplify their mission and values through impact investing.

This brief from the Center for American Progress reports that the changing nature of the economy, the lack of upward mobility, and the persistent gap in unemployment and poverty rates in rural communities in the United States requires a new approach to rural development and create a new framework that builds resilient rural communities. 

A recent report from NPR, the RWJ Foundation, and the Harvard T.H. Chan School of Public Health finds African Americans, Latinx, and Native Americans are disproportionately more likely to be experiencing financial hardship as a result of the COVID-19 pandemic.

LISC MetroEdge performed a scan of cities around the country and came up with four strong examples of successful commercial corridor initiatives.