As she steps into her new roll as COO for LISC, Annie Donovan, former head of the CDFI Fund, shares some reflections on the current promise—and challenges—of doing community investment, the origins of her personal commitment to service and creating equitable opportunity, and the reasons she decided to come to LISC.
From the unprecedented $1.5 billion we invested last year in people and communities across the country, to our burgeoning collaborations with sectors ranging from tech and healthcare to sports and local government, the LISC 2018 Annual Report is chock full of good news, good numbers, and good ideas. These resources and strategies propel us on our journey to shape a brighter future for all our nation's residents. And that, in a nutshell, is the heart of LISC's mission. Read on!Read Our Report
Sen. Pat Roberts (R-KS) toured the Children’s Campus of Kansas City today—where nonprofits offer an integrated set of health and education programs all focused on families and children from birth to age five. LISC helped finance CCKC through loans and the New Markets Tax Credit program, recognizing that quality facilities focused on early learners are one key to helping at-risk kids succeed.
The development of Eastern Lofts, a $7.6 million mixed-use project in northwest Philadelphia, is proving to be a test case for how to do it right: resident input, nonprofit expertise and private capital combined to rehab a blighted landmark into mixed-income apartments, a day care center serving 80 children, a small business incubator and facilities for community groups. That the project puts housing, job creation and education all in one place, says LISC CEO Michael Rubinger, is a shining example of balanced, equitable development for communities across the country.
Tuesday might have been President Obama’s last State of the Union address. But he made it clear that the work needed to lift families out of poverty is ongoing. LISC’s Matt Josephs considers the president’s remarks from a community development perspective, looking at programs that improve the quality of life in places where Americans struggle to make ends meet.