LISC National

LISC to Manage $100 Million NY Forward Loan Fund

News

6.23.2020 - ,

Janelle Monae, advocate and LISC partner in supporting NYC small business relief, to be featured in Variety broadcast on June 25th

Janelle Monáe, eight-time Grammy nominated singer and actress starring in the series Homecoming, is supporting LISC during the coronavirus pandemic. On June 25th at 7PM PT / 10PM ET during ‘Lifetime Presents Variety’s Power of Women: Frontline Heroes,’ Monáe will be honored, along with Cate Blanchett and Patti LuPone, for her professional and humanitarian efforts in support of LISC’s small business recovery work. The program will celebrate the courageous women on the frontlines of the pandemic. Tune in to Lifetime or Variety's Facebook page for 'Lifetime presents Variety’s Power of Women: Frontline Heroes.'

From National LISC:
5.29.2020 -

Our Communities Need a Marshall Plan

In his latest video message, LISC CEO Maurice A. Jones reflects on the disproportionate health and economic impact of the Covid-19 pandemic on underinvested communities and communities of color, and calls for a 21st-century Marshall Plan—intensive and broad investment that will both help people and enterprises recover, and redress the inequities that set the stage for the fallout of the current crisis.

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About Us

LISC NYC supports local partners who invest in people and places in order to create a more equitable, inclusive, and sustainable New York City. We do this in three main ways: We provide financial and human capital to build the capacity of our partners and improve neighborhoods. We invest in affordable housing, businesses, and neighborhood assets to improve social, economic, and physical health. We amplify the voices of disenfranchised communities and advocate with them for policy solutions and resources.

Over the last 40 years, LISC NYC has invested over $2.7 billion in more than 75 New York City community development corporations (CDCs) and other local groups.  With our support, these organizations have developed  and preserved over 40,000 affordable homes, as well as 1.8 million square feet of retail and community space. In 2018 alone, LISC NYC closed $28 million in loans supporting over $280 million of investment in affordable housing and equitable development projects.