Stories
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."
LISC’s CEO 100 Days In: Priorities for the Future, and Right Now
LISC president and CEO Michael T. Pugh reflects on what he's learned in his first months helming the organization, and shares top priorities for the year, both internally and for supporting the communities we work with. Green housing, second-chance employment and AI as a tool for more efficient credit-building and lending are at the top of the list, along with strengthening and streamlining LISC's operations to achieve maximum impact in people's lives.
Settling In—and Getting to Work—at LISC
LISC’s new CEO, Michael T. Pugh, reflects on the full-tilt activity and relationship-building of his first five weeks on the job. Meeting funders, community partners, residents and colleagues has been the most enriching part of the journey.
Investing in Diversity Strengthens Small Businesses, Supply Chains
In a new blog, LISC CEO Lisa Glover takes a closer look at LISC’s innovative collaboration with Abbott to fuel diverse suppliers in the healthcare field—supporting inclusive gains in jobs, health and family incomes as well. “All told, the program is a pro-growth, pro-equity model for small business financing that is designed to have a long-term impact well beyond the work being done today,” she writes.
LISC Secures New Federal Funding to Drive Economic Opportunity
Three important new federal funding awards will help LISC build the capacity of community-based organizations, while also attracting tens of millions of dollars in private capital to small businesses and economic development projects. Taken as a whole, they illustrate the importance of connecting policy and program expertise to maximize community development resources and create more opportunities for families to thrive.
CNN Spotlights LISC's Record Efforts to Close Racial Wealth & Opportunity Gaps
Since the outbreak of the pandemic and this year's anti-racist protests, LISC has raised some $2 billion in grants, loans and equity to fund programs that aim to upend structural racism and close yawning health, wealth and opportunity gaps. An article in CNN looks at how corporate donors have stepped up to support LISC in this work and points to what will be an ongoing need. As LISC CEO Maurice A. Jones says in the piece, “This requires faithfulness over a long time to have real transformative impact. It can't just be 2020. This has to be a new chapter.”