Stories

None
3.14.2024 -

LISC + TD Bank: Creating Affordable Housing Opportunities in Upstate South Carolina

A dozen LISC offices work with TD Bank to create affordable housing in communities that need it most. In Upstate South Carolina, where our office opened in 2019, LISC benefits from the leadership of TD Bank’s John F. Verreault III, who chairs the Local Advisory Committee. In a new Q+A, learn why supporting affordable housing is so important to TD Bank, and to Verreault.

None
3.13.2024 -

In Recognition of HUD Secretary Marcia L. Fudge

As HUD Secretary Fudge prepares to retire from public service, LISC CEO Michael T. Pugh reflects on her impact and the career-long dedication to creating affordable housing for all.

None
3.13.2024 -

Rudy Espinoza, President & CEO of Inclusive Action for the City, on LA’s Street Vendors, Micro-Loans, and More

The Entrepreneurs of Color Fund (EOCF) is designed to get much-needed capital directly into the hands of small business owners serving communities of color, and has over twenty CDFI partners in local markets across the country, with LISC as national manager. Inclusive Action for the City (IAC) is a community development financial institution and an EOCF partner in Los Angeles providing micro-loans to businesses, with a focus on food vendors. IAC’s Rudy Espinoza explains why protecting street vendors must not be a passing trend but a sustained cultural shift that creates a more inclusive economy.

None
3.07.2024 -

A Pioneering Woman Plumber Is Growing Her Business with a Boost from LISC

Fewer than 2% of plumbers are women, but Anna Hall, the president of P&H Divine Plumbing in Chicago, is a barrier-breaking entrepreneur in the field. The first female plumber to work for the city’s Department of Water Management, Hall started her company to employ more people who looked like her and serve communities other contractors often avoided. Now, with an investment from LISC Fund Management’s Diverse Supplier Grant Initiative, sponsored by JPMorgan Chase, Hall is realizing her vision for growing Divine Plumbing. Meet her and learn more in the video below!

None
3.05.2024 -

Charter School Investments Can Help Upend ‘Zip Code Destiny’

Income, race and geography persistently define the educational landscape—year after year, in every state, across both urban and rural communities. "No matter where families might live—no matter their backgrounds or incomes—public education should offer kids the opportunity to reach their full potential,” writes LISC’s Yvonne Nolan, in a new blog commemorating 20 years of investments through LISC’s charter school financing program. “We refuse to stand by and let crumbling buildings undermine student learning and perpetuate inequality,” she says.

None
3.04.2024 -

Home Ownership is Near for Long-Time Renters on New York City's Lower East Side

Amidst record-high rental rates and limited affordable housing opportunities, some New York City residents are finding hope in the Affordable Neighborhood Co-op Program (ANCP). LISC New York helped the nonprofit Asian Americans for Equality (AAFE) secure $9.6 million in construction financing to renovate three downtown Manhattan buildings and convert them to affordable for-sale housing. Following two years of renovation, existing tenants at East 12th Street are  preparing to purchase shares in their future cooperative building.