In a televised roundtable, CEO Maurice Jones detailed a new LISC impact investment fund that doubles our commitment in Detroit. The fund is expected to leverage more than $225 million in total investment over the next three years in 10 neighborhoods pinpointed in the city’s latest development strategy.
Detroit LISC announced that it will double its investment in the city’s neighborhoods over the next three years to finance affordable homes, businesses and living-wage jobs. An article in Crain’s lays out the details of the plan, which is expected to leverage another $225 million in development, and expand investment into 10 new neighborhoods.
After years of guiding charter school facilities development, LISC has bottled its knowledge in a new platform: SchoolBuild: From Idea to Construction. SchoolBuild is an essential online resource to support charter school leaders as they dig into the process of creating a bricks-and-mortar facility, with advice on everything from cost projections to financing options and the many other steps required to bring a new school to life.
In a roundtable discussion for Shelterforce, Julia Ryan, director of LISC’s safety and health programs, explained our multi-pronged approach to nurturing collaboration among law enforcement, residents and community developers. The upshot is neighborhoods with lower crime, less blight and greater resident confidence in police.
This August, we highlighted LISC's creative placemaking work in locales across the country, funded in large part by a grant from The Kresge Foundation. Here's a roundup of all the stories you might have missed.