Since 2012, LISC Philadelphia has been supporting and honing the Community Connectors program, forging a model for resident engagement rooted in local places, that leverages local knowledge and strengths. An article in Generocity delves into the workings of the program, the neighborhood people who make it tick and how LISC’s sustained partnership h [...]
LISC has tapped the former chief resilience officer for the city of Norfolk as executive director of its new full-service program office in Hampton Roads, Va. Christine Morris will kick off work this month to lead LISC’s local investments in affordable housing, businesses, health and jobs—all designed to expand economic opportunity for residents.
When La Cocina Municipal Marketplace opens this coming spring in San Francisco’s Tenderloin, it will be the country’s first women-led food hall and and the first to take on the innovative role of serving up affordable, healthy food to longtime local residents (as well as to foodie visitors). It also provides manageable rents and business opportunities for the mostly women of color entrepreneurs who will be running the culinary show and who see food as a language connecting people, places and culture. Plus, with support from LISC, La Cocina has activated a long-vacant post office, transforming a former crime hot spot.
In a new white paper from LISC and the Urban Manufacturing Alliance, “All About the Jobs,” we describe eight mission-driven industrial projects and their financing models. All these projects are creating affordable space for small- and medium-sized manufacturers so they can bring benefits—good jobs, especially—to the surrounding community. But every project is unique: each uses a different set of subsidies and has built a distinct capital stack. And each mission-driven developer has a different story to tell about the long-term value of investing in industrial space. LISC is investing in projects like these all across the country. Here, we take a look at why it’s so important, and how it’s getting done, in New York City.
Forget Thanksgiving and Black Friday (jk!): one of our favorite days of the year is Small Business Saturday, a time to shop local and take stock of the imperative role that entrepreneurs play in energizing community economies and cultures, creating jobs and fueling the country's economic engine as a whole. Read on to learn about how we've supported small businesses this year, and to check out some of our favorite small biz stories.
Did you hear what’s brewing in Chicago? Starbucks Coffee Company announced a $10 million investment to drive economic opportunity in the city’s underserved communities. The funds, which are slated to help finance more than 500 loans to support small businesses and create jobs, will be disbursed among four community lenders with expertise in those neighborhoods, and LISC Chicago is one. The investment “will deliver clear benefits to residents, while making our neighborhoods safer and stronger,” said LISC Chicago ED Meghan Harte.