LISC has named Jorge Cruz as executive director of LISC Greater Newark, a decades-long community investment program that has delivered more than $169 million to New Jersey neighborhoods, businesses and community organizations to support economic opportunity and growth.

With deep personal and professional experience in rural community development, Villagrán, a veteran LISC staffer, will build on nearly 30 years of Rural LISC investments in affordable housing, workforce development, economic growth and culture.

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.

With deep experience in real estate, economic development and sustainability initiatives, Quiroga will build on LISC’s 40 years of work in Boston to expand community investment strategies and drive gains in underserved neighborhoods.

LISC has been named a Gamechanger to Watch by CohnReznick in their second annual Gamechangers in ESG Awards program. LISC is one of seven organizations receiving this designation under the program, which recognizes U.S.-based organizations that are embracing environmental, social and governance principles to drive positive change.

Denise Scott, an affordable housing and community development expert who has spent more than two decades at LISC, has announced that she will retire at the end of 2023. She will work closely with LISC's new CEO, Michael T. Pugh, until her departure to ensure a smooth leadership transition. Scott has made a deep and enduring impact on communities and the industry at large through her work with LISC, in her prior roles in New York City and federal government, and during her years serving on the board of the Federal Reserve Bank of New York.