LISC is Responding to COVID-19

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Another $2.5 Million Deployed to Buoy Small Businesses in Our Communities

5.28.2020 - - More than 200 small businesses, the majority owned by minority, women and veteran entrepreneurs, received grants of up to $10,000 this week to help them stay afloat during the Covid-19 crisis. The grants are part of a $7.5 million collaboration with Verizon to support enterprises in underinvested co [...]

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What is LISC?

The Local Initiatives Support Corporation, known as LISC, is one of the country's largest social enterprises supporting projects and programs to revitalize communities and bring greater economic opportunity to residents. We invest in affordable housing, high-quality schools, safer streets, growing businesses and programs that connect people with financial opportunity. We provide the capital, strategy and know-how to local partners to get this done. Our work impacts the lives of millions of Americans in both rural areas and urban centers across the country. See our reach as a national nonprofit and learn about how we work.

Grants
$1.1 billion
Loans
$4.4 billion
Equity
$16.4 billion
Since 1979
$22 billion
total investment
leading to
$64.8 billion
in total development
Housing Is Healthcare

In an op-ed for the Providence Journal, LISC Rhode Island executive director Jeanne Cola lays out the imperative of ramping up funding for affordable housing in the wake of Covid-19 and tackling the systemic problems that created the affordability crisis in the first place. The pandemic's economic fallout is leaving more people than ever vulnerable to homelessness, and the time to prevent more housing instability is now.[...]

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