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Local Initiatives Support Corporation (LISC)
https://www.lisc.org/Last activity: 23.10.2024
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In 1979, when the Ford Foundation first conceived of LISC, it envisioned an “intermediary”—a smart and savvy non-profit that would connect hard-to-tap public and private resources with hard-to-reach communities struggling to revive.
The premise was as simple then as it is now: government, foundations and for-profit companies have the capital; residents and local institutions understand the need; and LISC bridges the gap by offering the relationships and expertise to help community organizations attract the kinds of resources that allow them do their best work. While the components of our programming continue to change and evolve, for almost 40 years, our role and our mission have remained consistent.
We receive our funding from banks, corporations, foundations and government agencies. We, in turn, use that funding to provide financing (loans, grants and equity) and technical and management assistance to local partners and developers. Through our 30 local offices, a rural program that reaches nearly 1,400 counties, and LISC-founded affiliates and entities, we have made investments in housing, businesses, jobs, education, safety and health in all 50 States of the U.S.
WE ARE ON THE GROUND
LISC is in more places than any other community development organization. We have staff, expertise and relationships in 30 local offices.
We LISTEN
LISC engages local leaders and neighbors to plan, set goals and measure progress. We bring local issues to state and national policy leaders.
WE INNOVATE
LISC tests ground-breaking ideas locally and adapts them nationally for places as diverse as the Mississippi Delta and San Francisco Bay.
WE LEVERAGE
LISC invests in distressed neighborhoods for maximum impact. Every dollar we invest attracts another $3 in private capital.
WE SEE THE BIG PICTURE
LISC’s approach is comprehensive. We work on housing, businesses, jobs, education, health and safety in the same place at the same time.
WE PERSEVERE
Markets go up and down, political winds shift, fads come and go. But LISC stays the course.
WE HAVE AN IMPACT
Our communities are better places to live, more people have jobs and incomes rise.
The premise was as simple then as it is now: government, foundations and for-profit companies have the capital; residents and local institutions understand the need; and LISC bridges the gap by offering the relationships and expertise to help community organizations attract the kinds of resources that allow them do their best work. While the components of our programming continue to change and evolve, for almost 40 years, our role and our mission have remained consistent.
We receive our funding from banks, corporations, foundations and government agencies. We, in turn, use that funding to provide financing (loans, grants and equity) and technical and management assistance to local partners and developers. Through our 30 local offices, a rural program that reaches nearly 1,400 counties, and LISC-founded affiliates and entities, we have made investments in housing, businesses, jobs, education, safety and health in all 50 States of the U.S.
WE ARE ON THE GROUND
LISC is in more places than any other community development organization. We have staff, expertise and relationships in 30 local offices.
We LISTEN
LISC engages local leaders and neighbors to plan, set goals and measure progress. We bring local issues to state and national policy leaders.
WE INNOVATE
LISC tests ground-breaking ideas locally and adapts them nationally for places as diverse as the Mississippi Delta and San Francisco Bay.
WE LEVERAGE
LISC invests in distressed neighborhoods for maximum impact. Every dollar we invest attracts another $3 in private capital.
WE SEE THE BIG PICTURE
LISC’s approach is comprehensive. We work on housing, businesses, jobs, education, health and safety in the same place at the same time.
WE PERSEVERE
Markets go up and down, political winds shift, fads come and go. But LISC stays the course.
WE HAVE AN IMPACT
Our communities are better places to live, more people have jobs and incomes rise.
Location: United States, New York
Employees: 201-500
Phone: +1 212-455-9800
Total raised: $50M
Founded date: 1979
Funding Rounds 1
Date | Series | Amount | Investors |
11.05.2022 | - | $50M | J.P. Morga... |
Mentions in press and media 31
Date | Title | Description |
23.10.2024 | Illinois Housing Development Authority Accepting Applications for Emerging Affordable Housing Developers | CHICAGO - The Illinois Housing Development Authority (IHDA) and the Local Initiatives Support Corporation (LISC) announced today that affordable housing developers can now apply to participate in the latest round of the Next Gen Capacity Bu... |
25.07.2024 | Entertainer and Entrepreneur Kevin Hart Talks His New Tequila Launch: 'We Put in the Blood, Sweat, Tears and Energy' The comedian's tequila company Gran Coramino just launched a new Reposado | This week on How Success Happens, I spoke with actor, comedian and entrepreneur Kevin Hart, the co-founder of Gran Coramino Tequila. He's had an amazing career, and I was curious about Hart's entrepreneurial spirit, his growing tequila comp... |
25.07.2024 | Wells Fargo: Economic Impact From Open For Business Fund Revealed | Wells Fargo has shared the latest community impact of the company’s Open for Business Fund, a roughly $420 million national small business recovery effort to help those hardest hit during and after the COVID-19 pandemic. Launched in 2020, t... |
10.07.2024 | Ruth Jones Nichols, formerly of HUD, joins LISC as executive vice president to lead nationwide program activity | Dr. Jones Nichols will oversee LISC's 37 metro-area program offices, Rural LISC + 12 national programs NEW YORK, July 10, 2024 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Ruth Jones Nichols, Ph.D., a senior ho... |
27.06.2024 | Los Angeles Area Chamber of Commerce Partners to Launch Get in the Game Initiative | An Initiative Creating Procurement Opportunities & Equity for Los Angeles Region Small Businesses Ahead of 2026 World Cup and 2028 Olympic and Paralympic Games As the region prepares to host key global events, like the 2028 Olympic, thi... |
02.05.2024 | Launch of "What's Possible": A Blueprint for Sustainable American Communities | New book features essays from 50+ leading climate, finance, and community development experts Blueprint for equitable green investment arrives following $20 billion in federal grants to catalyze clean energy and sustainable development in d... |
15.03.2024 | Pritzker Administration Announces New Cohort for Program Focusing on Equity in Affordable Housing Development | ILLINOIS, March 15 - Twenty-one developers from across Illinois helping to break down barriers in affordable housing development CHICAGO - Governor JB Pritzker, together with the Illinois Housing Development Authority (IHDA) and the Local I... |
15.03.2024 | LISC programs aim to boost Black businesses | - |
27.11.2023 | Only Five Days Remain to Apply to Become an Emerging Affordable Housing Developer | CHICAGO - The Illinois Housing Development Authority (IHDA) and the Local Initiatives Support Corporation (LISC) are continuing to accept applications for the Next Generation Capacity Building Initiative (Next Gen), a new program designed t... |
19.10.2023 | Why Financial Leaders Should Embrace Values-Based Banking | Monique Johnson is Beneficial State Bank's Senior Vice President, Director of Client & Community Partnerships. |
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