Stimulate Economy
Stimulate the Local Economy and Connect it to the Regional Economy
Community development has embraced a more comprehensive approach and in response, CDCs have increased their support for large and small businesses to stimulate local and regional economic growth. Helping community organizations and residents expand their economic development goals will be crucial to the LISC mission over the coming years.
Here is a sample of projects done under this initiative during the previous two years.
Project Name: Lighthouse Development Center
Project Year: 2008
Project Location: Grand Rapids, MI
Non-Profit Partner: Lighthouse Communities, Inc.
-10 Small Business Incubators
-Community-Serving Restaurant
-Office Space for Lighthouse Communities, Inc.
Project Name: Witherbee’s Market and Deli
Project Year: 2008
Project Location: Flint, MI
Non-Profit Partner: Flint NIPP
-10,000 square feet Full Service Grocery Store
-15 New Job Opportunities
Project Name: Madison Square Façade Improvement
Project Year: 2008
Project Location: Grand Rapids, MI
Non-Profit Partner: Neighborhood Ventures
-Façade improvement of a 35,600 square feet commercial shopping plaza.