In naming Michael Pugh a leader in finance, Crain's NY noted his leadership of LISC, a CDFI that has invested $30 billion in underserved communities, as well as his accomplishments in establishing a loan fund leveraging alternative data and cultivating the next generation of financial leaders at HBCUs.
In a wide-ranging radio interview with Audacy's On the Block 94.7, LISC CEO Michael T. Pugh unpacks the ways CDFIs, from the most local to the largest, are so well poised to support financial mobility. He also praises the role of good financial advice, and forecasts how AI can create alternative methods for building credit.
In a Q+A with ImpactAlpha, Michael T. Pugh delves into the ways community development finance must operate in the wake of new affirmative action legislation, and what the big-ticket items on LISC’s 2024 investment list are, including small business support and green jobs and homes.