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The LISC Small Business Relief Fund awarded $10,000 to small businesses — especially minority- and female-owned — facing economic stress due to the COVID-19 pandemic across the nation. Aloekui Soaps and Taste of Love Catering were two Milwaukee-based businesses who benefited from these national grant funds.
The Community Development Financial Institutions (CDFI) Fund, part of the U.S. Treasury Department, announced the recipients of $3.5 billion in New Markets Tax Credit (NMTC) allocations for 2019. The awards include $60 million for LISC, which will be deployed through its subsidiary, the New Markets Support Company (NMSC). Since its inception, NMSC has ...