Stories

None
3.18.2024 -

Crain’s NY Names LISC President & CEO, Michael T. Pugh, a 2024 Notable Leader in Finance

In naming Michael Pugh a leader in finance, Crain's NY noted his leadership of LISC, a CDFI that has invested $30 billion in underserved communities, as well as his accomplishments in establishing a loan fund leveraging alternative data and cultivating the next generation of financial leaders at HBCUs.

None
3.14.2024 -

LISC + TD Bank: Creating Affordable Housing Opportunities in Upstate South Carolina

A dozen LISC offices work with TD Bank to create affordable housing in communities that need it most. In Upstate South Carolina, where our office opened in 2019, LISC benefits from the leadership of TD Bank’s John F. Verreault III, who chairs the Local Advisory Committee. In a new Q+A, learn why supporting affordable housing is so important to TD Bank, and to Verreault.

None
3.13.2024 -

In Recognition of HUD Secretary Marcia L. Fudge

As HUD Secretary Fudge prepares to retire from public service, LISC CEO Michael T. Pugh reflects on her impact and the career-long dedication to creating affordable housing for all.

None
3.13.2024 -

LISC Named One of ImpactAssets 50 Emeritus Awardees for 2024

LISC has once more been named Emeritus Impact Manager for the ImpactAssets 50 (IA 50), a who’s-who of fund managers dedicated to creating positive social and environmental impact. The IA Emeritus category represents impact fund managers who have been on the IA 50 for at least five years. LISC is one of ten community development financial institutions (CDFIs) that were selected for this year’s IA 50, reflecting the critical role CDFIs continue to play to build more inclusive and equitable communities.

None
3.13.2024 -

Rudy Espinoza, President & CEO of Inclusive Action for the City, on LA’s Street Vendors, Micro-Loans, and More

The Entrepreneurs of Color Fund (EOCF) is designed to get much-needed capital directly into the hands of small business owners serving communities of color, and has over twenty CDFI partners in local markets across the country, with LISC as national manager. Inclusive Action for the City (IAC) is a community development financial institution and an EOCF partner in Los Angeles providing micro-loans to businesses, with a focus on food vendors. IAC’s Rudy Espinoza explains why protecting street vendors must not be a passing trend but a sustained cultural shift that creates a more inclusive economy.

None
3.07.2024 -

A Pioneering Woman Plumber Is Growing Her Business with a Boost from LISC

Fewer than 2% of plumbers are women, but Anna Hall, the president of P&H Divine Plumbing in Chicago, is a barrier-breaking entrepreneur in the field. The first female plumber to work for the city’s Department of Water Management, Hall started her company to employ more people who looked like her and serve communities other contractors often avoided. Now, with an investment from LISC Fund Management’s Diverse Supplier Grant Initiative, sponsored by JPMorgan Chase, Hall is realizing her vision for growing Divine Plumbing. Meet her and learn more in the video below!