LISC National

About Philadelphia LISC

Philadelphia LISC is one of 31 local offices of Local Initiatives Support Corporation (LISC), a national nonprofit community development organization and CDFI. Overall, LISC has invested $17.3 billion in neighborhoods and rural communities across the United States.

In Philadelphia, LISC is a catalyst for community change, working with partners on the ground to strengthen neighborhoods and improve the lives of residents. We combine corporate, government, and philanthropic resources and have invested more than $400 million (and leveraged $1.4 billion) in Philadelphia's neighborhoods to build or preserve more than 8,150 affordable homes and to develop more than 2 million square feet of retail, community and educational space since 1980. Our goal is to create neighborhoods of choice and opportunity, where every resident has a chance to thrive.

Recent News & Stories

4.05.2018 - ,

NFL/LISC Grassroots Program and Philadelphia Eagles Grant $250,000 for Lanning Square Middle School

The KIPP Cooper Norcross Academy will install a new synthetic turf field at Lanning Square Middle School in Camden, N.J. thanks in part to a $250,000 grant from the Philadelphia Eagles and Philadelphia LISC through the National Football League Foundation Grassroots Program.

From LISC Annual Report 2017:
3.28.2018 - , ,

Philadelphia

Helping Philadelphians find good job opportunities is a key component of Philadelphia LISC’s mission. To that end, in 2017 it provided a $1.2 million business loan to enable First Step Staffing to expand to Philadelphia. A nonprofit social enterprise based in Atlanta, First Step has a stellar track record in securing steady income for people transitioning out of homelessness, including veterans, people who have been incarcerated and others with significant barriers to employment.

From National LISC:
3.21.2018 -

State Farm Announces $4 Million Grant to LISC

LISC and State Farm expanded their long-time partnership this week with new funding to boost economic opportunities in 11 cities. "Millions of people are looking for opportunities to earn higher wages and build stronger futures for their families,” said Maurice Jones, LISC president and CEO. "Our partnership with State Farm is vital to advancing this important work.”

From National LISC:
3.19.2018 -

The Promise of Opportunity Zones

Opportunity Zones are poised to attract significant capital for new housing, businesses and jobs in under-resourced communities. At CNN.com, LISC’s Maurice Jones and The Kresge Foundation’s Rip Rapson take a closer look at what investors should consider when evaluating high-impact projects, drawing on decades of community investing experience to identify what works to raise standards of living and drive economic growth.

From National LISC:
3.19.2018 -

LISC Awarded CDFI Fund’s Largest Capital Magnet Fund Grant

The Treasury Department’s CDFI Fund announced a new round of Capital Magnet Fund grants to spur an expected $3.2 billion in affordable housing and economic development. LISC will use its $7.5 million award—the largest in this round of funding—to seed $150 million in development activity in urban and rural communities.

From National LISC:
3.15.2018 -

Wells Fargo Helps LISC Expand Financial Opportunity

LISC and Wells Fargo have a long history of collaboration on work to expand housing, economic development, health, safety and jobs. A new $2.5 million grant from the bank will help LISC expand Financial Opportunity Centers in 15 cities so they can reach more people with more services, and help people raise their incomes and overall standards of living.

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