An article in The Wall Street Journal details a creative program to help neighborhood bodegas update their look and stock, and keep pace with demand as new, younger clientele moves in. Together with longtime partner Cypress Hills Local Development Corp, LISC is spearheading the "Commercial Corridor Challenge," supporting small businesses to prosper [...]
In a blog for the University of Pennsylvania’s Wharton Healthcare Quarterly, LISC CEO Maurice A. Jones makes the case for pioneering partnerships between healthcare organizations and community development, uniting to upend the roots of poor health. LISC’s collaborations with ProMedica and Bon Secours Health System, among other companies, are powerful examples of how our combined assets, knowledge and experience can begin to close America’s longevity gap.
That’s the message in a powerful op-ed by LISC San Diego director Ricardo Flores for the Union-Tribune. A proposed affordable housing bond could funnel badly needed capital into the creation of homes targeted for the state’s most vulnerable residents, which would ease the extreme housing shortage and stoke the economy at the same time.
An article in ImpactAlpha describes early efforts by community development groups, like LISC, and foundations to manage Opportunity Zone funds in a way that will maximize benefits for underinvested communities and the people who live and work there. These strategies deal head-on with the stated goal of the new tax legislation: to spur economic development in places where opportunities for residents are currently few and far between.
At a recent presentation about the role of cross-sector partnerships and community reinvestment sponsored by the Federal Reserve of San Francisco, LISC CEO Maurice A. Jones stressed the importance of tapping new relationships, and redefining long-standing ones, in order to effectively pursue our shared missions. He pointed to LISC's alliances with the health (ProMedica), sports (NFL) and tech (Facebook) fields as examples of partnerships that combine insight and investment to support the people and places we care about, and as a result, fuel a competitive economy.
A community investment group that has driven more than $420 million into Connecticut communities, has named a new executive director to lead its expanding economic development agenda and drive new capital into housing, businesses and jobs across the state. The Local Initiatives Support Corporation (LISC) announced today that James P. Horan will lead LISC’s work both in Hartford and statewide, helping expand investment programs that help raise standards of living for residents and communities.From Connecticut Statewide LISC