Investing in small businesses is key to fueling local economies and creating opportunity. LISC supports emerging entrepreneurs other lenders may deem too risky and, in the process, helps open doors for economic development, wealth building, social connection and creativity in communities across the country. In celebration of Small Business Saturday [...]
They come from all corners of the country, and all share a deep commitment to helping their communities thrive. Meet the inaugural class of the Michael Rubinger Community Fellowship. Named after LISC’s longtime CEO, who retired last summer, the fellowship recognizes their accomplishments to date, and invests in their growth as leaders and in the future of community development. “They are the staying power of what we do,” Rubinger said. “We owe it to our field to find new ways to build and nurture them.”
In celebration of Small Business Saturday (Nov. 25), we're profiling emerging enterprises in the communities where we work that have benefited from LISC small business lending and support. In Boston, Northeastern University and LISC have launched the Impact Lending initiative to spur women- and minority-owned businesses and local economies that surround the university. Honeycomb Café, a bustling new locavore restaurant in South Boston’s Dorchester area, offers a picture of impact lending at its finest.
For decades, the residents of Flint, Michigan have endured high rates of crime alongside devastating unemployment, depopulation and blight—and recently, a severe water crisis on top of that. But the energy and commitment of neighbors, business people and key anchor institutions are transforming the historic University Avenue corridor. Crime there, in turn, has plummeted. A Department of Justice community safety grant, with training and technical assistance from LISC, has ramped up those efforts and is helping make the corridor a model of problem-solving, and optimism, for all of Flint.
LISC’s Meghan Harte takes a look at a new exhibit at the National Building Museum in Washington, D.C., that considers the future of housing design, with a particular eye to affordability and meeting the changing needs of families. It features a LISC-supported project in Chicago, the award-winning La Casa, which offers affordable apartments to university students in the city’s Pilsen community.
In honor of National Philanthropy Day, Beth Marcus, senior vice president for development, reflects on the many contributions of a special member of the LISC community and how her leadership is a model of great philanthropy. Through her years of work as an employee and board member, her stewardship of the Cashin Fellowship and her role as generous LISC donor, Lisa Cashin continues to be an inspiration to community development leaders, past, present and future.