5.24.2017 - [...]- Payday loans, with interest rates as high as 700 percent, drive low-income people deeper and deeper into poverty and suck resources out of local communities. To crack down on the high concentration of predatory lenders in Toledo, LISC helped push through a city zoning change that puts limits on payd
The Local Initiatives Support Corporation, known as LISC, is one of the largest organizations supporting projects to revitalize communities and bring greater economic opportunity to residents. These include more affordable housing, better schools, safer streets, growing businesses and programs improving the financial stability of people. We provide the capital, strategy and know-how to local partners to get this done. Our work impacts 7 million low-income Americans in both rural areas and urban centers across the country. See our reach as a national nonprofit and see how we work.