With our partners Gran Coramino® Tequila and Kevin Hart, LISC has awarded $1M in grants to more than 100 Black and Latinx entrepreneurs, helping close wealth and opportunity gaps that limit their ability to grow. Meet our latest group of grantees.

LISC partner GRID Alternatives has been awarded a $249,800,000 Solar for All grant from the EPA to advance renewable and clean energy sources for affordable housing communities across the country. “The grant is an incredible boon to the movement to decarbonize homes and lower energy costs that burden millions of everyday Americans,” said Michael T. Pugh, president and CEO of LISC.

LISC is among three of the country's largest community development and housing groups receiving a total of $83M in U.S. Department of Housing and Urban Development Section 4 capacity building funding. LISC will use its $28M allocation to support 480 community development corporations nationwide, focusing on affordable housing access in historically disinvested communities. The grant includes a three-to-one match commitment of $85 million.

Extreme weather events can cause devastating property damage and economic loss. With a $500,000 grant from The Allstate Foundation, LISC will help six Houston nonprofit organizations better manage the impact of natural disasters on vulnerable communities—and help protect the regional economy in the process.

New capital from PNC Bank includes innovative, equity-like funding to support LISC’s long-term community investment strategies. "With this capital, PNC has made a remarkable commitment to the well-being of families and communities, with a ripple effect that will support economic growth long into the future,” said Michael Pugh, LISC president and CEO.

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.