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LISC’s NYC Inclusive Creative Economy Fund was featured in Paul Sullivan’s “Wealth Matters” column of The New York Times business section on Saturday, October 19th. The Fund brings new sources of capital to LISC to fund loans that are creating and preserving spaces for low- and moderate-income workers, artisans and entrepreneurs.
Leveraging the vitality of New York City’s creative economy, LISC NYC is introducing the NYC Inclusive Creative Economy Fund, an opportunity for accredited investors to finance affordable, inclusive creative workspaces, fostering quality, 21st-century jobs for low- and middle-income New Yorkers.
As part of an event at the Phillips auction house co-hosted by LISC NYC and Upstart Co-Lab in June, nonprofit real estate developers, impact investors, and supporters of the arts came together for a discussion about the city’s “inclusive creative economy” and the importance of affordable real estate for creative people, creative businesses, and ...