With deep personal and professional experience in rural community development, Villagrán, a veteran LISC staffer, will build on nearly 30 years of Rural LISC investments in affordable housing, workforce development, economic growth and culture.

LISC has once more been named Emeritus Impact Manager for the ImpactAssets 50 (IA 50), a who’s-who of fund managers dedicated to creating positive social and environmental impact. The IA Emeritus category represents impact fund managers who have been on the IA 50 for at least five years. LISC is one of ten community development financial institutions (CDFIs) that were selected for this year’s IA 50, reflecting the critical role CDFIs continue to play to build more inclusive and equitable communities.

With deep experience in real estate, economic development and sustainability initiatives, Quiroga will build on LISC’s 40 years of work in Boston to expand community investment strategies and drive gains in underserved neighborhoods.

LISC has been named a Gamechanger to Watch by CohnReznick in their second annual Gamechangers in ESG Awards program. LISC is one of seven organizations receiving this designation under the program, which recognizes U.S.-based organizations that are embracing environmental, social and governance principles to drive positive change.

Denise Scott, an affordable housing and community development expert who has spent more than two decades at LISC, has announced that she will retire at the end of 2023. She will work closely with LISC's new CEO, Michael T. Pugh, until her departure to ensure a smooth leadership transition. Scott has made a deep and enduring impact on communities and the industry at large through her work with LISC, in her prior roles in New York City and federal government, and during her years serving on the board of the Federal Reserve Bank of New York.

With 30 years of experience in banking, most recently as president and CEO of Carver Bancorp, Pugh will lead LISC’s national network of programs and offices, as well as comprehensive investment strategies that address gaps in health, wealth and opportunity across the country. “He is passionate about extending opportunities to people who have not had the chance to fully participate in the American economy,” said Robert E. Rubin, LISC’s chairman. “We look forward to him bringing his considerable skills to LISC to help us make lasting, positive impact.”