LISC and the John S. and James L. Knight Foundation have a place-based partnership, working together for several years in our shared footprint of Charlotte, Philadelphia, and the Twin Cities.
Earlier this year, Knight made an inaugural investment to support LISC’s expansion in Charlotte . Along with support from other partners, we are working to promote inclusive and equitable economic development in Charlotte’s Historic West End neighborhood. The goal is to build local capacity, support affordable housing, and fund plans and programs that help close the opportunity gap in Charlotte, ensuring all residents can benefit from the city’s ongoing growth.
Thanks to Knight Foundation’s support, LISC officially opened its Charlotte office and named Ralphine Caldwell, a regional expert on innovative community development strategies, as executive director. Our team on the ground is building partnerships, assessing the neighborhood, and deploying early action funding. LISC also manages a $50 million Charlotte Housing Opportunity Investment Fund supported by public and private dollars to drive affordable and mixed-income housing development in Charlotte.
“In Charlotte, Knight Foundation’s work focuses on the Historic West End, which is experiencing substantial commercial and residential investment. Our partnership with LISC is helping achieve our vision for the West End to become an inclusive and thriving residential, commercial and university corridor,” said Charles Thomas, Knight Foundation program director for Charlotte.
LISC expresses our gratitude to Knight Foundation and applaud its dedication to supporting Charlotte’s West End.
Knight Foundation is a national foundation with strong local roots. The foundation’s goal is to foster informed and engaged communities, which it believes are essential for a healthy democracy.