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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 ...
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.
Ensuring that Opportunity Zones investments benefit the people who live and work there was the crux of a recent roundtable led by LISC and the Federal Reserve Bank of New York. An article on Medium.com by LISC’s George Ashton III and the Fed’s Adrian Franco describes the insights—and important takeaways—from ...