Stories
$1.5M will soon flow to San Antonio nonprofits that support small businesses
Through its agreement with the city, LISC San Antonio will disperse roughly $1.5 million in American Rescue Plan Act money to the six organizations. When the money runs out at the end of next year, LISC San Antonio will continue to run the BDO Alliance and will help the nonprofits find other sources of funding, …
LISC CEO Talks Economic Mobility and the Role of AI in Community Development with Next City
Michael T. Pugh, LISC’s president and CEO, touched base with Next City about the path that brought him to LISC, the critical need for affordable housing creation, and the potentials of AI in creating economic mobility, especially for unbanked Americans.
From Housing to Economic Mobility: Inside LISC’s Strategies for Change with CEO Michael T. Pugh
In a wide-ranging interview with Denver Fredericks, host of the Business of Giving podcast, LISC CEO Michael T. Pugh describes the pillars of LISC's work investing in communities and what's on the horizon for the CDFI under his leadership. "[We] can be a real catalyst for economic development in communities," says Pugh. "And frankly the …