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Find our how LISC is working in Opportunity Zones across the country [...]
Learn how LISC's experts and experience can help you invest in Opportunity Zones [...]
Get the latest tools and information related to Opportunity Zones. Including federal and state resources [...]
Not sure what Opportunity Zones are? We've compiled frequently asked questions on design, timeline and impact [...]
Duluth LISC is one of 31 local offices of Local Initiatives Support Corporation (LISC), a national nonprofit community development organization and CDFI. Overall, LISC has invested $17.3 billion in neighborhoods and rural communities across the United States.
We combine corporate, government and philanthropic resources and have invested $90 million, leveraging $302,331,771 million in Duluth to develop or preserve 1,684 units of housing, created 186 new child-care spaces, 1,553 new jobs. Duluth LISC works to see people and places prosper by addressing comprehensive revitalization, affordable housing development and preservation, and building the capacity of local community development organizations to see neighborhoods are places of choice and opportunity to all. Learn more.
Join us for lunch as we celebrate another year of helping neighbors build communities. Our program features guests Duluth Mayor Emily Larson and Mary Tingerthal, Minnesota Housing Commissioner. The event will include lunch, a keynote address by Tingerthal, and the announcement of the 2018 Building Healthy Communities Awards. A sneak peek into LISC's work in Duluth showing neighborhood progress and partnerships will also be shared.
Over 150 community leaders participated in learning sessions on Opportunity Zones, sharing this tool’s potential for Duluth’s five designated Opportunity Zones and the benefits. The federal program provides an incentive for investors to reinvest unrealized capital gains into Opportunity Funds in exchange for a temporary tax deferral on portions of the initial investment; as well as excluding capital gains taxes on Opportunity Fund investments held for at least ten years.
Joel Bookman, national economic development consultant, has been coming to Duluth periodically to support local efforts to improve the Lincoln Park Craft Business District. He specializes in reviving older downtown and inner city business districts with strategies that help industry to grow and connect residents to new employment opportunities. Bookman shares Lincoln Park is among the finest for economic development successes.