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 opportunit [...]
In an interview with Charlottesville Tomorrow, LISC CEO Maurice A. Jones unpacks the myriad fronts on which government, community developers and residents must intercept the affordability crisis. In addition to smarter policy and much more investment, development and preservation, “You also have to go at it from the people side,” says Jones. “Helping people get on a viable pathway to a living wage career” is crucial to making serious inroads on our housing challenges.
A new $3 million grant from Ally Financial will help fuel homeownership and small businesses in four cities, advancing LISC’s work to support a broadly shared prosperity. “There is incredible talent in our communities,” said LISC CEO Maurice A. Jones, commenting on the importance of the Ally partnership. “The job to be done is to match that talent with incredible opportunity.”
This Giving Tuesday, we are reflecting on what we've accomplished in 2019 thanks to the support of our donors and partners. To that end, we're highlighting three key areas of our work: supporting entreprenuers, closing the skills gap and investing in safety and justice programs—all of which were made possible by our supporters' investments.
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.
In an op-ed for the Boston Globe, Karen E. Kelleher, LISC Boston’s executive director, and Paul S. Grogan, CEO of the Boston Foundation and former LISC CEO, sound an urgent call to action to tackle their city's affordable housing crisis. Taking stock of how other urban areas are addressing the issue, the authors propose four key measures that city leaders can take to combat the shortage and lift their response to the housing shortage to the next level.