Durr has served as interim president of LFM since May and in that time has ushered in a series of new investors and project closings. "She understands how to connect with investors on questions of risk, return and impact as well as how to make connections with developers, community organizations and city leaders to generate the best possible outcomes,” said Michael Pugh, LISC president and CEO.

With new investments from BOK Financial, Charles Schwab Bank, and KeyBank, the Dallas Housing Opportunity Fund will expand its support for quality affordable housing across the city. In partnership with the City of Dallas, LISC Fund Management and TREC Community Investors, the fund has already supported nearly 500 units of affordable housing.

Heirs' property issues have long been a leading cause of involuntary land loss, particularly among Black families. With a new $750,000 multiyear grant from the U.S. Bank Foundation Opportunity Fund, LISC will work with community-based organizations in Cincinnati and Cleveland to provide families with estate planning, legal support and financial counseling that can help clear up clouded property titles and preserve homes for future generations.

LISC Fund Management has teamed up with the City of Cleveland and KeyBank to launch a new affordable housing investment fund, with authorizing legislation approved last night by the Cleveland City Council. The fund ultimately seeks to invest $100 million to fuel quality affordable housing across the city, with a focus on serving underrepresented communities and stimulating growth.

The CDFI Fund announced $408M in funding for 357 CDFIs to provide financial products and services for underserved individuals and communities

LISC, Enterprise Community Partners and the Federal Reserve Bank of New York have published What's Possible: Investing NOW for Prosperous, Sustainable Neighborhoods. With contributions from LISC green and financing experts, the volume is a timely and crucial guidebook to equitable green investing and community development and especially timely on the heels of the historic $20 billion in federal investment to expand access to clean energy and climate solutions.