Our Stories

7.27.2017 -

Bringing the Power of the Bond Market to Low-Income Neighborhoods

LISC’s pioneering $100 million bond offering paves the way for more flexible investing in low-income places, says an article for the Institute for Sustainable Investing. The new asset class is a “game-changer” that has the potential to spur broad economic opportunity in under-invested communities, and the finance world is taking note.

7.27.2017 -

LISC Names Experienced Leader to Head Peoria Office

Karen Davis, who has worked bringing affordable housing, businesses and jobs to Central Illinois for more than two decades, has been named the next director of LISC's Peoria office. “She understands the fundamental challenges that families face—from building the skills they need to take advantage of good jobs to gaining access to better schools, healthy housing and vibrant retail areas,” says Maurice Jones, CEO of LISC. “We’re excited to have her join the LISC family.”

Without Risk, There’s No Reward. Especially in Community Development.

In a blog post for Providence Business News, Jeanne Cola, director of LISC Rhode Island, stresses the role of calculated risk-taking when lending to promising community projects. It’s how LISC started—investing in people and places when no one else would—and it’s still paying off, as with the beautiful WaterFire arts center in Providence.

Research Validates Collaborative Crime Strategies

In some communities, there is a sense that crime is insurmountable. As part of our occasional series on community development research, LISC's research chief, Chris Walker, says that the data tells another story. “The sense of futility that pervades some conversations about safety is wildly misplaced,” he writes in his latest blog. He points to outcomes research that details the success of place-based strategies. The challenge, he says, lies in cutting them to fit local circumstances.

7.18.2017 -

ESPN and LISC Reopen Gym in Harlem

Will the next great NYC ball player start here? Who knows but for this summer, middle and high school kids in Harlem and across the city will have a new gym for a 12-week hoops clinic and basketball tournament. The basketball court, inside Democracy Prep Harlem Charter School in New York City, was renovated with a new floor as part of ESPN and LISC’s Home Court program, which aims to improve the quality and accessibility of neighborhoods gyms. The NBA and NBA Cares joined in to provide equipment and uniforms for the grand re-opening.