Helping Neighbors Build Community Across Massachusetts
Local Initiatives Support Corporation (LISC) equips communities with the capital, strategy, and know-how to become places where people can thrive. Working with local leaders, we invest in affordable housing, health, education, public safety and employment – all basic needs that must be tackled so that progress in one area is not undermined by neglect in another.
As part of a national organization with deep local roots, LISC Boston is uniquely positioned to share resources, best practices, and innovations with the communities we serve. We provide funding, financing, and technical assistance to community development corporations (CDCs), nonprofit developers, grassroots organizations, as well as policy and advocacy organizations throughout Massachusetts.
News
LISC and Coalition Partners Awarded $2 Billion via National Clean Investment Fund
LISC is one of five organizations leading Power Forward Communities, a new coalition investing in green housing and jobs to support economic opportunity and climate resilience. Today, the EPA awarded the coalition $2 billion to implement a decarbonization strategy that also lifts up under-resourced communities—making housing more affordable, mitigating climate impacts and improving local health.
State Announces Second Set of Awards and Third Round of Funding to Support Deep Decarbonization in Affordable Housing
Fairweather Apartments in Salem and Prospect Place in Northampton are the second pair of projects to receive funding from the Climate Ready Housing program created for affordable housing owners to achieve deep reductions in energy use and carbon emissions in the refinancing, renovation, and preservation of their properties.
Crain’s NY Names LISC President & CEO, Michael T. Pugh, a 2024 Notable Leader in Finance
In naming Michael Pugh a leader in finance, Crain's NY noted his leadership of LISC, a CDFI that has invested $30 billion in underserved communities, as well as his accomplishments in establishing a loan fund leveraging alternative data and cultivating the next generation of financial leaders at HBCUs.
In Recognition of HUD Secretary Marcia L. Fudge
As HUD Secretary Fudge prepares to retire from public service, LISC CEO Michael T. Pugh reflects on her impact and the career-long dedication to creating affordable housing for all.
MA Affordable Housing Solar Initiative Enters Fourth-Year Running
The STAR program, first launched in 2021, provides technical and financial assistance to affordable housing organizations with sites in Massachusetts to catalyze the exploration of solar photovoltaic (PV) potential and break down existing barriers to adoption. This phase of the STAR program is providing an additional 12 organizations with grants to perform solar feasibility studies.
LISC Boston Testifies in Support of the Affordable Homes Act
Yesterday, LISC Boston joined Massachusetts leaders in testifying before the Joint Committee on Housing in support of the Affordable Homes Act. The Affordable Homes Act is core to the Healey Administration’s efforts to address the housing crisis in Massachusetts.