LISC Boston has named a new executive director to lead its expanding economic development agenda and drive new capital into housing, businesses and jobs across the Commonwealth. Karen Kelleher brings her experience to LISC Boston, which has been deeply engaged in work to help residents build job skills, improve health and safety, boost educational outcomes, spur business opportunities and create jobs, and develop high-quality, affordable housing that anchors stronger neighborhoods.From LISC Boston
JP Morgan Chase is teaming up with LISC, Accion and Fifth Third Bank on an investment effort to support the growth of minority-owned businesses on Chicago’s South and West Sides. LISC’s Maurice A. Jones joined Mayor Rahm Emanuel and Jamie Dimon, chairman and CEO of JPMorgan Chase, to announce the Entrepreneurs of Color Fund—a model built on the bank’s similar efforts in other cities--as well as related support for small business mentoring. "This work is about catalyzing opportunity so that everyone—no matter their race, or zip code, or family background—has the chance to contribute to Chicago’s prosperity, and to share in its benefits as well,” Jones said.
LISC is ramping up its economic development work in Buffalo under the leadership of an new executive director, Julie Barrett O’Neill. O’Neill is a local expert in urban planning and sustainability and will take the helm of the 20-year-old LISC Buffalo program beginning in September. She replaces Michael Clarke, who retired earlier this year.Read the Press Release
One of the most powerful ways to spur economic opportunity is to bridge the skills gap facing millions of people across the country. That’s why Citi Foundation is making the single largest private investment in LISC’s “Bridges to Career Opportunities” program to equip unemployed and underemployed individuals with industry-specific skills for living wage jobs and careers. Two U.S. senators praise the effort to support workers, which dovetails with the Opportunity Zone legislation.
LISC is helping lead a multinational effort that will build new community soccer fields and expand sports programming in connection with the "United Bid” for the 2026 FIFA World Cup. Dubbed 26x26, the effort includes $30 million in local investments and will engage 1 million youth in health and recreation programs.