- Who We Are
- What We Do
- Where We Work
- Why LISC
We are LISC—the Local Initiatives Support Corporation. It may be a mouthful, but our name does, in fact, say it all. We are a national organization with a grassroots focus. Bay Area LISC is one of 31 local LISC sites throughout the country, and with residents and partners, we forge resilient and inclusive communities of opportunity across the Bay Area - great places to live, work, do business, and raise families.
When La Cocina Municipal Marketplace opens this coming spring in San Francisco’s Tenderloin, it will be the country’s first women-led food hall and and the first to take on the innovative role of serving up affordable, healthy food to longtime local residents (as well as to foodie visitors). It also provides manageable rents and business opportunities for the mostly women of color entrepreneurs who will be running the culinary show and who see food as a language connecting people, places and culture. Plus, with support from LISC, La Cocina has activated a long-vacant post office, transforming a former crime hot spot.
Recent news on the Bay’s Future Fund (BFF) was big: Facebook pledged to make a $150 million investment into the Fund, which is managed by LISC. While the Facebook investment will significantly impact LISC’s ability, along with our partners, to reach our goal of raising $500 million for the BFF–the largest fund created by LISC to date–we mustn’t lose sight of the fact that our ambition is not as much connected to the size of the BFF as it is to its impact. And that impact is squarely centered on equitable development. In the Bay Area, that means addressing displacement of communities of color and low income residents.
In just one year, thanks to a generous—and momentous—commitment of $150 million from Facebook, the innovative Bay’s Future Fund has nearly reached its $500 million goal. Now, LISC will help put these dollars to work promoting affordable housing development and helping shrink the wealth gap in the San Francisco Bay Area.