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 th [...]
LISC CEO Maurice A. Jones and Diane Yentel, CEO of the National Low Income Housing Coalition, make the imperative case for two key housing programs in an op-ed for Affordable Housing Finance. As a new nominee is poised to take charge of the Federal Housing Finance Agency, they write, we must absolutely safeguard the Housing Trust Fund and the Capital Magnet Fund, which have provided essential support for affordable housing creation in the midst of the affordability crisis.
"This rating reaffirms LISC’s ongoing capacity to support inclusive growth and broadly shared prosperity across the country,” said Maurice A. Jones, LISC president and CEO. S&P pointed to LISC’s financial stability, track record of performance and community impact as compelling indicators for its ‘AA’ rating.
Mona Mangat has been a core member of LISC’s community safety team for more than a decade and was recently named National Director for Safety and Justice. She now leads our work to support community-law enforcement partnerships in neighborhoods across the country and spearheads LISC’s increased focus on “pre-entry” and “re-entry” programming: that is, strategies to help prevent vulnerable residents from getting caught up in the justice system in the first place, and to support formerly incarcerated people as they rejoin their communities and the workforce.
LISC has named George Ashton as its new managing director for strategic investments. He plans to lead LISC’s work on Opportunity Zones with a clear-eyed view of the potential for community gains—focusing not just on how much capital can be raised, but on deploying it in ways that fuel lasting benefits for residents. “We are going to drive opportunities that make sense for places we are trying to serve and the systems that we are trying to change,” noted Maurice A. Jones, LISC president and CEO.
An article in The Atlantic delves into the ways LISC’s Bridges to Career Opportunities program, with support from Citi Foundation, is helping people in underserved communities across America skill up for satisfying jobs in growth industries. The program’s wrap-around services and links to local employers, explains LISC CEO Maurice A. Jones in the article, are the key to “not just a job” but a “transformation of life.”