Local Initiatives Support Corporation’s 2023 annual report; the Latino Equitable Development Collective awarded for excellence in community development; grants invested in Southwest projects; small business and youth grant opportunities and awardees; and more!
In a wide-ranging radio interview with Audacy's On the Block 94.7, LISC CEO Michael T. Pugh unpacks the ways CDFIs, from the most local to the largest, are so well poised to support financial mobility. He also praises the role of good financial advice, and forecasts how AI can create alternative methods for building credit.
It was a challenging year, in an uncertain economy, but we invested a record-breaking $2.8 billion, ramped up our work to close racial health, wealth, and opportunity gaps, forged exciting partnerships and much more. Read on for highlights and the extraordinary achievements of the many communities and partners we are honored to work with.