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On Thursday, May 10, nearly 300 people came together to celebrate LISC's work of helping neighbors build communities.
Guest speakers included Duluth Mayor Emily Larson and Mary Tingerthal, Minnesota Housing Commissioner. With a new mission, LISC is looking forward to directing its work to forge resilient and inclusive communities – great places to live, work, visit, do business and raise families. Two Building Healthy Communities Awards were presented to American Indian Community Housing Organization (AICHO) and One Roof Community Housing. Both organizations are exemplary leaders making siginificant progress to improve lives in Duluth.
Thank you to those attending the celebration and our generous community sponsors:
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.
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.
Duluth and several rural spots in the region are eligible to participate in a new federal program designed to encourage private investment in low-income census tracks. A provision in the 2017 Tax Cut and Jobs Act created the “Opportunity Zone” tax incentives program. Its provisions were outlined to about 70 potential investors and area economic developers last month at a forum sponsored by the Local Initiatives Support Corp. (LISC). “We’re hoping this will spur new economic development and new partnerships,” said Duluth LISC Executive Director Pam Kramer. “It’s new to everybody. We all are learning together.”