Stories

None
12.19.2024 -

LISC and American Express to Help Small Businesses Prepare for and Recover from Future Natural Disasters with $5 Million Grant

A new $5 million grant from American Express will help LISC and its business development organization partners equip small business owners with the knowledge and tools they need to prepare for and recover from natural disasters. The work will focus on communities in Chicago, Detroit, New Orleans and Puerto Rico.

None
9.27.2024 -

Rob Lockett Takes the Helm at LISC Detroit to Build on $400+ Million Track Record of Community Investment and Impact

LISC has named Rob Lockett, an innovative philanthropic and business leader, as the new executive director of LISC Detroit. Lockett most recently served as the team leader for national housing stability at Rocket Community Fund. “Rob knows how to connect the dots from capital to community to long-term positive impact,” noted Dr. Ruth Jones Nichols, LISC executive vice president for local and national programs.

None

LISC CEO Talks Affordable Housing, Generational Wealth and the Wonders of Detroit on “Beyond Four Walls” Podcast

LISC CEO Michael T. Pugh joined David Dworkin, CEO of the National Housing Conference (NHC), the nation’s oldest and broadest affordable housing coalition, on NHC’s podcast “Beyond Four Walls: Conversations on Affordable Housing.” The wide-ranging and energetic conversation between these two Detroit natives spans topics ranging from Pugh’s history in the workforce and housing spheres to innovative new projects in Detroit, Dallas and Charlotte, to the imperative work of supporting generational wealth and homeownership for people who have been sidelined from America’s prosperity. This is a must-listen! The podcast episode below was originally published on: A Conversation with Michael Pugh, Local Initiatives Support Corporation (LISC) By The National Housing Conference

None
5.30.2024 -

Building Inclusive and Healthy Neighborhoods, Block by Block: Findings from 11 Neighborhoods Nationwide

A new report from Brookings Metro examines LISC’s community-centered economic inclusion initiative, which centers neighborhoods as the key setting for driving strong regional economies. The lessons in this report make one thing clear: To truly transform the prosperity and well-being of entire cities and regions, it’s past time to abandon top-down or “trickle-down” approaches and embrace the actionable, community-rooted models that have demonstrated impact in cities and neighborhoods nationwide.  Image courtesy of Jana River Medlock Photography

Learn More  
None
2.08.2024 -

What Three Years of Investment Can Do: Stories from LISC’s Black Economic Development Fund

In recognition of Black History Month, we’d like you to meet four organizations that, through support from LISC and the Black Economic Development Fund, are creating housing, employment and other economic opportunities in the neighborhoods that need them the most.

9.29.2023 -

How JPMorgan Chase Partners with LISC Detroit and Others to Help the City Flourish

An article in Fortune highlights a $200 million investment from JPMorgan Chase to support small business and local community development funds. The funding has helped LISC Detroit, the Entrepreneurs of Color Fund (EOCF) and the Detroit Housing Fund create economic opportunities for thousands of Detroit residents. LISC senior vice president Tahirih Ziegler is quoted on the imperative of investing in affordable housing to protect against displacement in Detroit’s vulnerable communities.