Historically underinvested communities across urban and rural America are facing enormous economic challenges from the fallout of COVID-19. Small businesses, many who have had to shut down temporarily, are at serious risk of closing permanently. These enterprises are the lifeblood of communities, providing critical goods and services as well as jobs to locals. To ensure that economic recovery is inclusive in the COVID-19 era, we created the LISC Commercial District Recovery Guide to support the trusted partners that neighborhood businesses turn to in challenging times.
The LISC Institute spoke to several organizations working with small businesses in New York City about the supports small businesses need in order to cultivate resilience before, during, and after a disaster.
In this month’s Spotlight, we’re highlighting resources and tools to help practitioners build the strength of local commercial districts.
Millions of people living in rural areas and on Tribal lands lack broadband access, which puts them at an increasing disadvantage as more of our daily life moves online. Learn how CDFIs are helping to close the digital divide.