With deep experience in both the public and private sectors, Maurice Jones took the helm as LISC's fourth president & CEO in September 2016. Immediately prior to joining LISC, he served as the secretary of commerce for the Commonwealth of Virginia, where he managed 13 state agencies focused on the economic needs in his native state. He previously served as deputy secretary for the U.S. Department of Housing and Urban Development (HUD) overseeing operations for the agency and its 8,900 staff members. Prior to that he was commissioner of Virginia’s Department of Social Services and deputy chief of staff to former Virginia Gov. Mark Warner.
Trained as an attorney, Maurice worked during the Clinton Administration on legal, policy and program issues at the Treasury Department, where he also helped manage a then-new initiative called the Community Development Financial Institutions (CDFI) fund—a federal program that has grown to be a critical supporter of nonprofits that leverage its capital to bolster their communities. In the private sector, Maurice was the general manager of The Virginian-Pilot in Norfolk and went on to become president and publisher of its parent company. He also worked for a Richmond law firm and a private philanthropy investing in community-based efforts to benefit children in Washington, D.C.
Michael Hearne is Executive Vice President and CFO. He joined LISC in 2014 after a distinguished career as an entrepreneur and lending expert with over 25 years of experience in nonprofit, for-profit and government financial management. Most recently, he was managing director of M&H Properties in Annapolis, where he bought, sold, and launched a wide range of commercial enterprises. He was also president of Lafayette Federal Credit Union, which he expanded beyond its base of federal government employees to more broadly serve Washington, D.C. residents. He also co-founded Business DataSource, a financial consulting firm.
Hearne’s background encompasses a broad range of relevant experience, from loan syndication and securitization to navigating a complex array of federal regulations. He developed risk management models based on loans made by the Department of Housing and Urban Development and the Small Business Administration (SBA). He also created marketing databases related to the Community Reinvestment Act and more generally for bank community development investments.
As Executive Vice President and General Counsel for LISC, Mr. Levine oversees LISC’s legal affairs, including all loans made to and by LISC, all government contracts, and all other legal work performed by in-house and outside counsel. Mr. Levine has spent more than two decades at LISC and has been integral in the operations and growth of LISC. In addition to his legal responsibilities, he oversees the Administrative Services and Grants and Contracts Management departments; is a founding member of LISC’s Rural Advisory Committee and is on the Board of LISC’s New Markets Support Company.
Prior to joining LISC, Mr. Levine clerked for Judge Pierre Leval of the Southern District of New York. He was also an associate attorney at the New York law firms of Simpson, Thacher & Bartlett, and Shereff, Friedman, Hoffman and Goodman.
Denise Scott is Executive Vice President in charge of LISC’s national and local programs. With three decades of experience in community development, Ms. Scott leads LISC’s neighborhood investment efforts in 30 cities and rural areas in 39 states. She previously managed LISC’s flagship program in New York City, focusing on affordable housing, commercial corridors, education, health, and jobs in some of the city’s toughest neighborhoods.