For the nation to be competitive, we must pursue economic justice and close the racial wealth gap, write LISC CEO Maurice A. Jones and board chair Robert E. Rubin in an op-ed for The Hill. They lay out concrete bipartisan steps that government can take today to lift millions of Americans out of poverty and promote an equitable economic recovery.
As part of its partnership with LISC to provide grants to small businesses in historically underserved communities, Verizon has added another $2.5 million to their Small Business Recovery Fund, bringing the program total to $7.5 million. That means some 750 entrepreneurs across the country will have resources to keep their businesses, their employees and their communities going through the pandemic and beyond.
In an op-ed for the New York Times, former U.S. Treasury secretary and LISC board chair Robert E. Rubin urges swift and intensive action to stimulate the economy, with special emphasis on extending credit to minority- and women-owned businesses in underinvested communities, the very ones most imperiled by the Covid-19 crisis.
In a conversation with The Business of Giving podcast, LISC CEO Maurice A. Jones outlines the pillars of LISC's rapid response to the coronavirus pandemic. Keeping small businesses in business, supporting tech needs in underinvested communities and stabilizing community organizations so they can provide relief to their clients—all are at the top of the list for immediate action, and to build strength and resiliency for the future.
LISC’s SVP of economic development Bill Taft, LISC LA executive director Tunua, Thrash-Ntuk and Hanna Love of Brookings' Metropolitan Policy Program offer a concrete outline for how local organizations, stakeholders and policy makers can help spark economic vibrancy and inclusion in historically under-invested communities. Invoking the myriad causes of LA’s homelessness crisis, the blog for Brookings offers a multi-pronged place-based and people-centered approach that is forging authentic change in South LA, and in parts of Philadelphia and Indianapolis, too.