A $405,000 acquisition loan from LISC supported by Starbucks made it possible for entrepreneur Ruben Perez to purchase a mixed-use property in Chicago. LISC financing is helping Perez build equity in commercial real estate and serve the low- and medium-income area of the city through his business Guerrero Produce.

In the aftermath of George Floyd’s murder, one South Minneapolis community convulsed in pain and suffered massive destruction. On Juneteenth this year, it celebrated the fruition of a project that speaks volumes about community agency and ownership, and how support from intermediaries, including LISC, can be profoundly transformative in building back stronger, and more equitably, than ever before.

By Matt Josephs, Senior Vice President for Policy

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.

By Christina Travers, LISC Executive Vice President & CFO

LISC CFO Christina Travers is among the impact investing leaders who contributed commentaries to a new book, The Social Justice Investor, and joined a panel discussion at today’s book launch. In her essay, “Laying the Cash Tracks,” (reprinted here) she explains the evolution of LISC’s capital markets experience—noting how discouraging Wall Street conversations eventually led to transformative, community-focused investments.

By Christina Travers, LISC Executive Vice President & CFO

With the launch of the new book, The Social Justice Investor, LISC’s CFO Christina Travers, one of the book’s contributors, reflects on the ways that CDFIs have tapped the capital markets to deepen their impact—working to upend lingering misconceptions among some investors. “Whether we are financing affordable housing, small businesses, health, safety, climate resilience, racial equity or jobs, we see financial performance and local impact as part of the same whole.”

LISC has once more been named Emeritus Impact Manager for the ImpactAssets 50 (IA 50), a who’s-who of fund managers dedicated to creating positive social and environmental impact. The IA Emeritus category represents impact fund managers who have been on the IA 50 for at least five years. LISC is one of ten community development financial institutions (CDFIs) that were selected for this year’s IA 50, reflecting the critical role CDFIs continue to play to build more inclusive and equitable communities.