- About Us
- Our Work
The Local Initiatives Support Corporation, known as LISC, is one of the largest organizations supporting projects to revitalize communities and bring greater economic opportunity to residents. As one of LISC’s local offices, we provide capital, strategy and know-how to our Twin Cities community development partners.
$734 million invested through grants, loans, and equity
$2.9 billion leveraged in additional linvestments in local projects
17,404 new or preserved affordable homes and apartment
2.4 million square feet of new or renovated commercial and community space
8,000 people have improved their financial stability through our Financial Opportunity Center partners
For nearly a decade, a corner lot along University Avenue in St. Paul sat empty. Over the years, developers had shown interest in the site—it was right off the freeway, near the University of Minnesota and on the border of Minneapolis and St. Paul—but nothing materialized. The anticipation of the light rail reignited interest in the empty corner. Learn how LISC got creative to help finance the 2700 University project and provide needed affordable housing along the Green Line.
Communities are constantly evolving, which can be frustrating or exhilarating. Twin Cities LISC’s Corridor Development Initiative (CDI) works to elevate the latter by bringing the voice of the community forward to guide future development. CDI creates the ability for communities to grapple with change and have some agency over how change happens.
LISC has named a prominent local leader with decades of experience in state and county government to take the helm of its Twin Cities program office. Peter McLaughlin, as the new executive director, will build on more than $700 million in LISC Twin Cities investments over the last 30 years as he leads new efforts to expand economic opportunity throughout Minneapolis and St. Paul.