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Our work to build stronger, more sustainable communities is guided by a larger vision of community development. Since 1990, we have invested more than $200 million in Detroit's neighborhoods to create good places to live, do business, and play. The key to our success has been our expanded vision of community development.
The projects we invest in are creating jobs, making communities safer, providing new educational opportunities, and helping families enter the economic mainstream of American life. They are creating new hope in neighborhoods where hope and opportunities have been in short supply for far too long.
Detroit LISC announced that it will double its investment in the city’s neighborhoods over the next three years to finance affordable homes, businesses and living-wage jobs. An article in Crain’s lays out the details of the plan, which is expected to leverage another $225 million in development, and expand investment into 10 new neighborhoods.
We've announced a bold new community investment strategy that includes $75 million to finance thousands of affordable homes, businesses and jobs in underserved Detroit neighborhoods.
Developing the right skills to compete in growing employment sectors is critical to families and to local economies. But what really works to build up long-term financial stability? LISC’s Chris Walker takes a look at the outcomes of research on workforce development programs—especially those that bundle education, training and placement with a broader array of financial counseling—and finds compelling evidence for how to help low-wage workers move past employment barriers and into new opportunities.
In 2013, LISC helped Neighborhood Service Organization (NSO) complete the multi-year renovation of the historic Bell Building, a $50 million project that provides permanent supportive housing for homeless individuals in Detroit.
There’s burgeoning public support for mass transit all across the country. But to create livable neighborhoods along transit corridors that connect people with opportunity demands inclusive transit-oriented development. Our mandate, writes Maurice Jones, CEO of LISC, is to help ensure that everyone benefits from the prosperity coming down the line.