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.
It was a challenging year, in an uncertain economy, but we invested a record-breaking $2.8 billion, ramped up our work to close racial health, wealth, and opportunity gaps, forged exciting partnerships and much more. Read on for highlights and the extraordinary achievements of the many communities and partners we are honored to work with.
Read about the impact LISC Philly and our partners created in 2022.