LISC National
Who We Are


Annie Donovan, Executive Director (interim)

Annie Donovan is chief operating officer of Local Initiatives Support Corporation (LISC). Most recently, she served at Director of the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). Prior positions include CEO of CoMetrics, Inc; Senior Policy Advisor to the White House from 2012-2013, working collaboratively with the Office of Social Innovation and the Council on Environmental Quality; and Chief Operating Officer of Capital Impact Partners, a certified CDFI. Donovan has been a Senior Fellow at the Center for Community Investment and is a current Fellow at the Beeck Center for Social Impact + Innovation at Georgetown University.

Donovan has been a thought leader and a board member of many of the highest performing organizations in the community development sector. She has published papers and articles for the National Academy for Public Administration, the Federal Reserve Bank of San Francisco, the Federal Reserve Bank of Boston, Forbes, the Skoll World Forum on Social Entrepreneurship, and the Milken Review. She has an undergraduate degree in Economics and an MBA in Finance. E-mail Annie.

Quency Phillips, Community Engagement Manager

Quency Phillips has been building brands and cultivating communities for nearly 20 years. Strong relationships and recognition for brand innovation in sports, entertainment, philanthropy and not-for-profits have shaped his career.  His transition to Silicon Valley began as a Strategic Consultant for regional affordable housing organizations and local jurisdictions, where his strategic innovation and operations skill set positioned him as a voice not only in the affordable housing conversation, but in education, art, nonprofit governance, and community and economic development.

A Social Good advocate, he is a proud member of the Board of Directors for three Bay Area and California organizations – SOMOS Mayfair, the Women's Foundation of California, and Redwood City Police Activities League. Currently, Q. leads the Community Engagement for the Bay's Future Fund, as well as various programs within Alameda County, City of San Francisco and Santa Clara County. E-mail Quency

Asha Rao, Senior Director of Investments

Asha Rao has recenently joined BALISC as Director of Investments. She has several years of working in the CDFI industry as an investment manager with Wells Fargo previously, lending to and investing in CDFIs nationwide. Prior to WF Asha worked at Standard and Poor’s in New York and at the Nasscom Foundation in New Delhi, India. She graduated with a BA from Emory University and an MBA from the Kellogg School of Management at Northwestern University. E-mail Asha.

Laurel Engbretson, Program Officer

Laurel Engbretson joins LISC from the San Francisco Housing Accelerator Fund, where she set up the organization’s impact management system and evaluated the impact of the Fund’s investments on displacement in San Francisco. A Bay Area native and lifelong resident, Laurel graduated with her MBA/MPP from the Lorry I. Lokey School of Business and Public Policy at Mills College. She focused her studies on equitable development and impact finance, with internships at the JPMorgan Chase Foundation and the Oakland Mayor’s Office. Prior to graduate school, Laurel was a licensed realtor with Pacific Union. She earned her B.A. in Sociology from the University of California, Santa Cruz. Laurel serves on the board of HomeownershipSF as the chair of the Policy and Advocacy committee and is a mentor with the Oakland Promise. E-mail Laurel

Rudy Licea, Program Assistant

Rudy Licea has a diverse background in both the education and media sectors. He was previously a Front Office Coordinator for Herrero/Boldt, where he managed all aspects of the front office for the much anticipated Sutter Van Ness Campus and medical building in San Francisco.  Prior to Herrero/Boldt, Rudy was a Senior Program Coordinator for Golden Gate University School of Law, heading a small team that oversaw the law schools exam process.  He also lead the schools accommodated exams program and language accommodation program.   Before moving to San Francisco, Rudy has worked in the media industry for over seventeen years in both New York and Los Angeles.   E-mail Rudy