And we've got a lot to celebrate: $20 billion in total investments, record impact in 2018, a 20-year collaboration with the NFL Foundation, and the list goes on. At a gala event in New York City, LISC honors the indispensable work of our partner organizations and the two-decade service of our board chair, former Treasury Secretary Robert E. Rubin.
Dale Royal, a community developer with 30 years’ experience bringing economic development, affordable housing and transportation opportunities to underserved neighborhoods, will be the inaugural executive director of LISC’s newest office in Atlanta, GA. LISC has already invested $18 million in Atlanta for workforce and youth development projects, and our SBA lending affiliate, immito, has just closed its first transformative loan in the city. Royal’s arrival will take that commitment to another level, leveraging his expertise in connecting communities with the capital to help them flourish.
An exciting new commitment from Citi Foundation will ramp up LISC’s Bridges to Career Opportunities program and help some 10,000 American workers get the training and support they need to take on quality jobs in growth industries like health care and solar energy. The funding will enable 40 community organizations across the country to intensify their Bridges work, connecting residents to skills development and jobs, along with financial, health and housing services that improve quality of life.
As we kick off 2019, LISC is continuing to grow its investments in economic opportunity and its on-the-ground presence in communities across the country. We unveiled a new program office in Charlotte this week that will spearhead $25 million in investments over the next few years—all designed to boost affordable housing, improve economic mobility and raise standards of living in North Carolina’s largest city. Long-time community leader Ralphine Caldwell has been named executive director to lead the effort.
Citizens Bank has announced funding to expand the impact of LISC Financial Opportunity Centers in three cities, fueling programs that help people train for jobs in growth industries and move from entry-level positions to career pathways. "By supporting these programs through the Citizens Charitable Foundation, Citizens is helping us create opportunities for more people to raise their standards of living—and, in the process, contribute to economic growth in their communities,” said Maurice A. Jones, LISC president and CEO.