To commemorate the 50 year anniversary of Rev. Dr. Martin Luther King’s passing in Memphis, our CEO Maurice Jones is interviewed on Sirius XM’s Make It Plain radio show. We are still striving for the vision of Dr. King. “We are doing the work that the sanitation workers were striking for. We are trying to create the beloved community,” says Jones.
In an op-ed for The Boston Globe, Paul Grogan, CEO of the Boston Foundation and a former LISC president, lays out what needs to happen for Boston’s much-touted economic and civic growth to benefit all residents. Support for quality education, public transportation, good jobs and affordable housing can keep the Boston Renaissance from collapsing under the heavy weight of inequality. But the time to act is now.
Opportunity Zones are poised to attract significant capital for new housing, businesses and jobs in under-resourced communities. At CNN.com, LISC’s Maurice A. Jones and The Kresge Foundation’s Rip Rapson take a closer look at what investors should consider when evaluating high-impact projects, drawing on decades of community investing experience to identify what works to raise standards of living and drive economic growth.
In a recent article for Nebraska public radio, rural development experts, including LISC CEO Maurice Jones, weighed in on a new White House agenda for economic growth in rural America. The plan's emphasis on investing in infrastructure could be a plus, Jones said, noting that boosting access to broadband internet would allow for wider use of online classes and professional training. “If you have the talent that’s prepared for the jobs, the jobs will come," said Jones.
The Catalyst Housing Fund marked a leap forward this week, announcing its first outside investor: The San Francisco Foundation (TSFF). The near $20 million fund, whose mission is to secure economic opportunity and affordable housing for Silicon Valley residents, began as a partnership of Envision Transform Build, City of East Palo Alto and Facebook. LISC manages the fund along with Housing Trust Silicon Valley. TSFF’s investment will help propel the development and preservation of hundreds of affordable homes in East Palo Alto and Menlo Park, near Facebook’s HQ.