In naming Michael Pugh a leader in finance, Crain's NY noted his leadership of LISC, a CDFI that has invested $30 billion in underserved communities, as well as his accomplishments in establishing a loan fund leveraging alternative data and cultivating the next generation of community development leaders at HBCUs.
The excerpt below was originally published by Crain's New York:
2024 Notable | Leaders in Fianance
The nonprofit Local Initiatives Support Corporation has more than 500 employees, 38 metro-area program offices, three investment affiliates and a rural development program supporting work in 2,400 counties. As its president and chief executive officer, Michael Pugh oversees a national community development financial institution that has invested $30 billion in affordable housing, small businesses, education, health, safety and jobs... Continue to full piece on Crain's New York [+]