If Opportunity Zones are to empower residents, then directing OZ funds to education must be part of the investment equation. That’s the message of an in depth article in Education Next (published by Harvard’s Kennedy School) which cites LISC’s work in the Opportunity Zones—and our OZ playbook for community partners—as vital to helping residents reap the promised benefits of the tax legislation.
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.
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.
From tapping the capital markets to creating a housing fund with Silicon Valley giant Facebook, LISC is out front in path-breaking ways to fund community development, with CEO Maurice Jones leading the charge. The Chronicle of Philanthropy highlights LISC’s track record and new strategies that keep our mission and our work flourishing.
Earlier this year, when LISC raised $100 million in the first-ever initial public offering of a CDFI bond, it broached a brave, new world of 21st-century nonprofit financing. An article in Next City details why tapping new capital is so important for community development today, and how LISC is leading the charge to access the market in innovative ways.