Donsia Strong-Hill, executive director of LISC Milwaukee, was tapped to give the keynote address at Milwaukee Biz Journal’s Women of Influence Awards last week—and to mark that distinction, the Journal interviewed her about LISC’s investments to spark and grow small businesses in historically underinvested, minority communities. It’s a critical tool, said Strong-Hill, for supporting families of color to build generational wealth.
This year, the Federal Reserve is taking a “listening tour” of America in order to update its economic policies and strategy. In an article for Vox, economist Jared Bernstein analyzed a recent Fed panel where LISC CEO Maurice A. Jones described how the tight labor market has the potential to help those the economy has long left in the dust. The Fed, noted Bernstein, would do well to heed that insight.
In an in-depth article for The Journal of Affordable Housing and Community Development Law, attorneys David Goldstein and Jason Labate offer a case study of the Joint Operating Entity NYC (JOE NYC), which LISC has supported from its inception. The JOE NYC, a consortium of CDCs that have pooled their portfolios and expertise, is a blueprint that can help CDCs in other cities and regions shore up their stability in challenging markets and gain ground against the national affordability crisis.
Candice Streett, executive director of LISC Virginia, has dedicated most of her working life to community development in Virginia. As she prepares to “downshift” from the position, she is being honored as a 2019 Richmond History Maker by the historic Valentine Museum, for her efforts on behalf of the city’s communities and her innovative economic development initiatives. In an interview with The Community Foundation, she reflects on the lessons from her journey. The most important one? “I’ve learned that we need to always listen first to those who have the most at stake—neighborhood residents.”
Community transformation demands a mosaic of resources, and one of the most important is knowledge—especially when it comes to understanding how government policy has shaped racial and income inequality in our neighborhoods. That’s why LISC Milwaukee has been sponsoring community book groups (90 in all) to read "The Color of Law" by Richard Rothstein, an indispensable narrative of how federal and local legislation created and enforced racial segregation across America over the course of the 20th century. To celebrate this community learning effort, Richard Rothstein visited Milwaukee to speak to residents and local leaders about his book and strategies for reversing segregation.