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The Houston office of Local Initiatives Support Corporation (LISC) today announced a $35,000 grant from the Bank of America Charitable Foundation to support programs focused on reviving local economies, including efforts to help residents increase their financial stability and build employment skills required to compete for middle-class jobs.
A community park can be many things. A green, peaceful escape from a concrete jungle. A place for children to play outdoors. A gathering place to enjoy time with family and friends.
For the first time in its history—and the first time ever for a Community Development Financial Institution (CDFI)—LISC is tapping the bond market to raise $100 million in capital that it will use to help energize local economies. “This new capital will not only help us fuel businesses, jobs and large-scale redevelopment efforts ...