In a wide-ranging radio interview with Audacy's On the Block 94.7, LISC CEO Michael T. Pugh unpacks the ways CDFIs, from the most local to the largest, are so well poised to support financial mobility. He also praises the role of good financial advice, and forecasts how AI can create alternative methods for building credit.
In a Q+A with ImpactAlpha, Michael T. Pugh delves into the ways community development finance must operate in the wake of new affirmative action legislation, and what the big-ticket items on LISC’s 2024 investment list are, including small business support and green jobs and homes.
In an op-ed for The Virginian-Pilot, LISC Virginia executive director Jane Ferrara lays out the ways the proposed LIFT Act could make homeownership, at 20-year, fixed rate mortgages, accessible to first-time, first-generation buyers—the very people who are often edged out of the American Dream. The legislation, in partnership with home-buying programs like the ones LISC …