Featured Donor of the Month
State Farm has generously awarded a $4,000,000, two-year grant to support a range of LISC programs critical to the recovery of distressed neighborhoods in 11 cities: Chicago, Houston, Indianapolis, Milwaukee, Minneapolis-St. Paul, New York City, Peoria (Ill.), Philadelphia, Phoenix, the San Francisco Bay Area and Tacoma (Wash). In particular, the grant focuses on efforts to build financial opportunities for families, improve community safety, revive vibrant commercial corridors and spur better educational outcomes.
State Farm has long been an essential partner in LISC’s work in low-income communities around the country. Over the past 14 years, State Farm has invested nearly $114 million in grants, loans and equity in LISC’s work to make distressed neighborhoods better places to live, supporting more than 24,000 homes that are affordable to low-income families and 11 million square feet of commercial, retail and community space in underserved areas.
About LISC Fundraising
Community development is a dramatic example of what can happen when the goals and resources of the public, private and nonprofit sectors align. Since 1980, LISC has been able to combine the vision and the capacity of community-based organizations with the resources and expertise of the private sector, and the indispensable underpinning of supportive public policies to transform and rebuild low-income neighborhoods into healthy, sustainable communities of choice across our nation. Over the past 32 years, LISC has invested more than $12.9 billion for community development activities that build affordable homes, retail and community facilities and create new jobs. More than 3,100 donors, investors and lenders have contributed to LISC.