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Houston LISC is a local office of the Local Initiatives Support Corporation (LISC), the nation’s largest community development support organization. With residents and partners, we forge resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families. By providing capital, technical expertise and training, LISC helps to develop local leaders and invest in the creation and growth of affordable housing, local community centers, and businesses that create new jobs.
Houston LISC in collaboration with Harvey Home Repair Collaborative members Fifth Ward Community Redevelopment Corporation, Houston Habitat for Humanity, Rebuilding Together Houston, Tejano Center for Community Concerns are recipients of the Hurricane Harvey Relief Fund, overseen by the Greater Houston Community Foundation. For home repair assistance, visit HarveyHomeConnect.org.
This week, Lowe’s became the largest contributor to LISC’s Covid-19 small business relief efforts with $30 million in new funding for entrepreneurs of color and rural businesses as they navigate the coronavirus recession. The grant builds on Lowe’s previous $25 million commitment to LISC’s relief fund, with a particular focus on minority business owners, and will help owners sustain operations, protect jobs and prepare for recovery.
LISC stands in unity with the protests that are sweeping our country, and their core message—that every life is sacred, says Maurice A. Jones, LISC’s president and CEO, in a video message. We are committed, he affirms, to continuing the work to dismantle structural racism and create an equitable America for all.
As part of its 20-year partnership with LISC, State Farm has committed a new $4 million grant to help expand employment, revitalize commercial corridors, promote health and enhance community safety in 12 cities over the next two years. In addition, State Farm has set up a $10 million loan pool with LISC to assist small businesses and community nonprofits in Central Illinois and Chicago hit hard by Covid-19.